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Trulieve Cannabis Corp C.TRUL

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

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

Bullboard Posts
Post by AJL55555on Jun 04, 2019 8:00pm
125 Views
Post# 29798693

Trulieve Dilemma

Trulieve Dilemma Did anybody take the time to read the ENTIRE financials for March 31st 2019 quarter end? As you all know, CEO's husband under investigation by FBI. One of the last pages of the interim financials statements says this... "The Company uses a general contractor that is the spouse of an officer and director of the Company and for the three months ended March 31, 2019 and 2018, property and equipment purchases totaled $9,623,341 and $665,292 of which $4,252,791 was included in accounts payable at March 31, 2019, as discussed in Note 4 Property and Equipment. CEO's husband is used for this I am assuming as he does contracting and real estate deals, look it up... Full disclosure, I hold no position in Trul currently. I think it is one of the best in the industry, but if this doesn't get rectified Trul could be in a world of trouble. He may have done some dealings for trul and if any shadiness was done, there goes the SP. Hopefully all is well.
Bullboard Posts