Trulieve Cannabis Corp C.TRUL

Globe & Mail

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Trulieve Cannabis Corp. (TRUL-CN)

On June 15, chairman of the board and chief executive officer Kim Rivers invested over US$1-million in shares of Trulieve. Ms. Rivers purchased 29,000 shares at a price per share of US$35.9362, increasing this specific account’s position to 77,920 shares.

According to Bloomberg, the stock has a unanimous buy recommendation from 17 analysts (15 buy recommendations and two “speculative buy” calls) and an average one-year target price of $88.79, implying the share price will more than double in value over the next 12 months.

Year-to-date, the share price is up 9 per cent.

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Get ready for the fireworks..I can see Kim already did lol! Boris Jordan on Twitter: "Hi everyone—very positive meetings this week in D.C. for our industry. There is tremendous support from congressional leadership to pass legislation during this legislative session. I think we will get there. $CURA $CURLF" / Twitter

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2021 regular legislative session wrap up; Special session on cannabis, budget implementer set for next week 2021 regular legislative session wrap up; Special session on cannabis, budget implementer set for next week (wtnh.com)