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Ohio Medical Cannabis Company Files Response To Trulieve's Loan Default Claims
Saturday, September 30, 2023 - 10:51pm | 363In a recent development, Harvest of Ohio has issued a forceful response to allegations of loan default by Florida-based Trulieve Cannabis Corp (OTCQX: TCNNF) and its subsidiaries. What Happened: Harvest of Ohio accused Trulieve Inc., Harvest Health and Recreation (HHR), and associated entities...
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EXCLUSIVE: Cannabis Catalysts Praise SAFER Momentum, Plus State Market Prospects
Wednesday, September 27, 2023 - 4:53pm | 586The cannabis industry is poised for some serious growth owing to the historic clearance of the SAFER Banking Act by the Senate’s Banking Committee. Trulieve (OTCMKTS: TCNNF) CEO Kim Rivers couldn’t be clearer facing Benzinga’s Cannabis Capital Conference audience on Wednesday,...
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Here's Where To Buy Legal Weed: Florida MMJ Market Grows, New Celeb-Backed Shop & More
Monday, September 18, 2023 - 9:48am | 774Florida Retail Footprint Grows Amid Rec Legalization Talks Two fierce competitors in the Florida medical marijuana market have recently expanded their retail footprints. Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) kicked off cannabis sales at 5037 Hwy 90 in Pace. The new store offers greater...
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Cannabis Racketeering Conspiracy In Arizona: Medical Marijuana Giant's Lawsuit Against Ex-Employees And Competitors
Tuesday, September 12, 2023 - 3:16pm | 624Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) is suing its two ex-purchasing managers and at least five other cannabis businesses in Arizona for taking part in alleged "kickback schemes" that granted them advantageous shelf space at the company's 21 marijuana outlets statewide,...
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Cannabis Valuation Jumps Post-Rescheduling Recommendation, Viridian Report Reveals
Monday, September 11, 2023 - 5:48pm | 746In a potentially game-changing decision, the Department of Health and Human Services (HHS) recently recommended the DEA to consider reclassifying cannabis from its Schedule I status — a classification that denotes no medical value, on par with substances like heroin — to...
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Florida's Resounding Approval: Voters Overwhelmingly Back Cannabis Legalization
Thursday, September 7, 2023 - 11:12am | 582Researchers from the University of South Florida (USF) and Florida Atlantic University (FAU) released the results of a comprehensive statewide survey that delves into Floridians’ attitudes on key health policy matters, including marijuna, for which there is broad support. The...
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Trulieve CEO: Federal Rescheduling Could Change Heavy Tax Burden For Cannabis Industry
Wednesday, September 6, 2023 - 4:27pm | 766"It's not if, it's just when," said Kim Rivers, CEO of Trulieve Cannabis Corp (OTCQX: TCNNF), regarding the recent recommendation by the Health and Human Services Department (HHS) to the Drug Enforcement Administration (DEA) regarding the rescheduling of cannabis. In a recent...
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Top Cannabis Experts Explain US Agency's Move To Relax Marijuana Laws: Is Legalization Here? Or Another Red Herring?
Tuesday, September 5, 2023 - 4:10pm | 1745In a pivotal move that could reshape the federal stance on marijuana, a top official at the Department of Health and Human Services (HHS) has recommended that the substance be reclassified as a Schedule III substance under the Controlled Substances Act. The recommendation was directed to Drug...
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Trulieve Faces Serious Competition As Planet 13 Enters Florida Market Via $48M Deal
Monday, August 28, 2023 - 2:10pm | 595Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) announced on Monday that it has entered into a membership interest purchase agreement to acquire all of the ownership interests of VidaCann, LLC. Why It Matters: Hint...Florida "Acquiring VidaCann would significantly accelerate our time...
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Small Maryland Town With 5% Equity In Trulieve's Operation Wants Its Fair Share Of The Profits
Wednesday, August 23, 2023 - 12:14pm | 605A small town in Western Maryland with equity in the local cannabis operation run by medical marijuana giant Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) is seeking its fair share of the profits, reported The Washington Post. What Happened Hancock, population 1,543, got into the...
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Trulieve Q2 Revenue Declines 10% YoY, What About Adjusted EBITDA?
Wednesday, August 9, 2023 - 8:24am | 389Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) released its results for the quarter ended June 30, 2023, revealing revenue of $282 million, a decrease of 10% compared to $314 million in Q2 2022. Q2 2023 Financial Highlights Gross profit of $142 million, a decrease of 23% compared to $183...
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Here's Where To Buy Legal Weed: Jim Belushi's Farm Teams Up With Shop In SD, New Stores In US And Canada
Thursday, August 3, 2023 - 9:02am | 1001Florida Gets New MMJ Stores And Fulfillment Center As Florida officials continue to weigh in on whether legalization of the recreational use of cannabis would be good for the state, medical cannabis giant Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) is strategically positioning itself for...
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Trulieve Opening Medical Cannabis Dispensary In Sanford, Florida
Monday, July 24, 2023 - 10:48am | 395Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) announced the grand opening of a new medical dispensary in Sanford, Florida. at 4740 W SR-46. The doors will open on July 22 with hours of 9 AM – 8:30 PM Monday through Saturday and 11 AM – 8 PM on Sunday. "We consistently seek...
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Trulieve's $25M Lawsuit Against Ohio Cannabis Companies Heats Up, Black Female Owners Respond
Wednesday, July 19, 2023 - 1:11am | 697A contentious situation between cannabis giant Trulieve Cannabis Corp. (OTC: TCNNF) and Black-owned Harvest of Ohio and Harvest Grows is heating up. Last week, less than two years after a “billion-dollar merger,” Trulieve filed a...
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Trulieve Seeks To Reclaim Debt, Enters Multi-Million Dollar Legal Battle With Ohio Dispensaries
Tuesday, July 18, 2023 - 11:08am | 700A Florida-based medical cannabis giant aims to reclaim $23.8 million, consisting of unpaid loans and other fees owed by the owner of three medical marijuana dispensaries in Ohio. Last week, Trulieve Cannabis Corp. (OTC: TCNNF) filed a civil lawsuit against Harvest of Ohio and Harvest Grows in...