Trulieve Cannabis Corp C.TRUL

Alternate Symbol(s): TCNNF | C.TRUL.NT.U

Healthcare

Trulieve Cannabis Corp. is a vertically integrated cannabis company. The Company has established cannabis operations in three hubs: Southeast, Northeast, and Southwest. Its three regional hubs are anchored by market positions in cornerstone states of Florida, Pennsylvania, and Arizona. The Company operates in regulated markets that require knowledge in cultivation, manufacturing, and retail. The Company utilizes various extraction techniques, including critical ethanol extraction, carbon dioxide extraction, hydrocarbon extraction, and mechanical separation. In addition, the Company owns and utilizes carbon dioxide extraction, distillation, purification and manufacturing technology that is used to produce a range of cannabis topicals and vapes featuring cannabinoids. The Company's brands include premium tier brands Avenue, Cultivar Collection, and Muse; mid-tier brands Modern Flower, Alchemy, Momenta, and Sweet Talk, and value tier brands Co2lors, Loveli, Roll One, and Trekkers.

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Trulieve Cannabis Corp

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Post by Longongreenon Jan 17, 2019 9:23am

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Post# 29244536

The power of market buy orders combined with a low float...

What you're seeing is 5 market buy orders totalling 32,900 shares. So, it's just a matter of who wants to sell to those buyers and at what price. Things started out at a ridiculous $18+ and by the time the bell rings, it will settle down closer to $13 I would think. As long as we have a nice steady rise from here, I'm just happy that the trend is up. There will always be profit-taking, consolidation and manipulation. With a low float, we have seen that the price can just as easily go down as up. This is exciting nonetheless.

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