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Las Vegas Cannabis Powerhouse Planet 13 On Verge Of Major Florida Expansion Via $49M Deal
Monday, April 29, 2024 - 11:09am | 664The Las Vegas-based cannabis giant Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNH) is a step closer to a major expansion in Florida. What Happened The Florida Office of Medical Marijuana Use (OMMU) gave the green light to Planet 13 for the proposed sale of Planet 13 Florida, Inc. and the...
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Cannabis In Florida: The Bellamy Brothers Tell Trulieve CEO 'We Rolled A Fat One' When Legalization Initiative Landed On November Ballot
Thursday, April 18, 2024 - 9:08am | 553Country music legends David and Howard Bellamy, known as The Bellamy Brothers, joined Trulieve's CEO Kim Rivers on the stage Wednesday at the Benzinga Cannabis Capital Conference. Both Bellamy Brothers are members of the advocacy group Safe and Smart Florida which, with a little help from their...
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Trulieve CEO To DeSantis Weed Bashing: Cannabis Is 'Scientifically, Evidence-Backed Healthier' Than Alcohol, Legalization Will 'Improve Quality Of Life'
Tuesday, April 9, 2024 - 9:16am | 687If Florida voters approve the cannabis legalization initiative this November, it would "improve quality of life" for Florida residents, said Kim Rivers CEO of Trulieve (OTCQX:TCNNF) in response to dire predictions from Governor Ron DeSantis who contends legal marijuana would reduce quality of life...
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Cannabis Companies Pony Up $15M To Support Florida Legalization Amendment, Adding To Trulieve's $40M
Wednesday, April 3, 2024 - 3:56pm | 742Following Monday's approval by Florida's Supreme Court to allow a constitutional amendment to legalize recreational marijuana on the November 2024 ballot, other cannabis companies – in addition to the ultra-generous Trulieve (OTCQX:TCNNF) – are now coughing up support money to the tune...
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Cannabis Execs, Advocates Delighted With Florida's Supreme Court Ruling To Allow Legalization Amendment On November Ballot
Monday, April 1, 2024 - 7:21pm | 1078Monday's Florida Supreme Court decision approving a cannabis amendment to allow Florida residents to vote on legalizing adult-use marijuana in the November 2024 election elicited optimistic responses in the cannabis community. Starting with Kim Rivers, CEO of Trulieve Cannabis Corp (OTCQX...
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Florida Supreme Court Approves Cannabis Legalization Proposal For November Election In Blow To DeSantis
Monday, April 1, 2024 - 4:37pm | 724The Florida Supreme Court on Monday approved a recreational marijuana constitutional amendment on which voters will decide in the November 2024 election. The proposal, known as Amendment 3, would legalize the “non-medical personal use of marijuana products and marijuana accessories by an...
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Florida Supreme Court Shelves Cannabis Ballot Proposal With No Explanation Or Provisions As April 1 Deadline Looms
Thursday, March 28, 2024 - 3:03pm | 702Uncertainty and frustration loom as the Florida Supreme Court failed to deliver a much-anticipated ruling on Thursday regarding the appearance of two proposed amendments, cannabis legalization and abortion rights, on the November ballot. The court did not release opinions on Thursday, which is...
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20 Most Influential Women In The Cannabis Industry And The Secret To Meet Them In Person In 2024
Friday, March 8, 2024 - 5:24pm | 3330To celebrate International Women’s Day, it’s essential to shine a light on the women making strides in the Cannabis industry, a field historically dominated by men. These remarkable women are set to share their experiences and wisdom at the upcoming Benzinga Cannabis Capital...
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From Ground Up: Trulieve CEO's Blueprint For Cannabis Dominance (UPDATED)
Tuesday, March 5, 2024 - 6:39pm | 714Editor’s note: This story has been updated to reflect the most current information on Trulieve’s employee headcount and facility footprint and to correctly state that Trulieve’s Harvest Health acquisition closed in 2021. Kim Rivers, the CEO of Trulieve (OTC:TRUL), has been a...
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Here's Where To Buy Legal Weed: Cannabis Store Openings Ahead Of The New Year
Friday, December 29, 2023 - 2:28pm | 923How New York’s First Cannabis Dispensary Thrived In Year One The first adult-use cannabis sales in New York began a year ago, on Dec. 29, 2022, nearly 20 months after former Gov. Andrew Cuomo signed recreational marijuana into law. Following a tumultuous year for the new market, New York...
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Marijuana Giant Trulieve Boosts Cash Position With $25M Loan, Opens Cannabis Stores In Florida
Wednesday, December 27, 2023 - 10:59am | 557Medical cannabis giant Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) has closed its commercial loan secured by a cultivation site in Florida for aggregate gross proceeds of $25 million, which it plans to use for general corporate purposes. Trulieve reported on Wednesday that it agreed to pay...
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Trulieve Significantly Narrows Q3 Loss Thanks To Lower Operating Expenses
Thursday, November 9, 2023 - 9:55am | 442Florida-based cannabis company Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) reported its financial results Thursday for the third quarter, disclosing revenue of $275.2 million compared to $295.4 million in the same period a year ago and $282 million in the...
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Trulieve Vs The IRS Over Millions Of Dollars In Tax Refund, Relocates One Of Its Florida Stores
Friday, October 13, 2023 - 12:28pm | 554Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced on Friday the filing of amended federal tax returns with refund claims for several of the company's business entities for 2019, 2020 and 2021. The medical cannabis giant is claiming a refund of $143 million from taxes paid,...
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Despite DeSantis, Florida Supreme Court Schedules Hearing On 2024 Marijuana Ballot Initiative
Tuesday, October 3, 2023 - 5:51pm | 487The Florida Supreme Court will hear oral arguments Nov. 8 to decide whether a marijuana legalization initiative will appear on the state’s 2024 ballot. The citizen-led initiative could lead to a constitutional amendment for voter consideration, with legalization in effect as soon as May 2025...
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Weed Giant Trulieve Confirms Company President Is Retiring
Monday, October 2, 2023 - 9:28am | 450Florida-based Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) confirmed Monday that Steve White is stepping down as the company's president, effective October 1, 2023. He will continue to serve as a strategic advisor to the company until his anticipated retirement at the end...