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.

CSE:TRUL - Post by User

Trulieve Cannabis Corp

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Comment by ExitStageLefton May 30, 2019 7:34pm

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Post# 29786975

RE:TRUL Land in FLA for Indoor Grow + Buy/Sell Signal & Chart

The stock price action today is a little confusing.

But, I believe that the stock is showing weakness because the news today suggests a big capital requirement to build out facilities on this land. There is only 20 million cash on hand. That is not too much. So, some kind of capital raise is coming soon.
Hopefully they can take on some debt, but it will probably have some warrant attached or be convertible to stock. A best case scenario is that they sell stock to a strategic investor so that the shares stay out of the hands of skittish small investors.

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