Trulieve Cannabis

#5524

Rank

$1.23B

Marketcap

United States

Country

Leadership team

Ms. Kimberly Rivers (Founder, Chairman & CEO)

Mr. Alex D'Amico CPA (Chief Financial Officer)

Mr. Eric Raymond Powers III, J.D. (Chief Legal Officer & Corp. Sec.)

Products/ Services

Alternative Medicine, Cannabis, Emergency Medicine, Health Care, Pharmaceutical

Number of Employees

1,000 - 20,000

Headquarters

Tallahassee, Florida, United States

Established

2016

Revenue

Above - 1B

Traded as

TRUL.CN

Social Media

URL

https://www.trulieve.com

Overview

Location

Recognition and Award

References

Summary

Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. It cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery. The company produces flower, edible, vaporizer cartridge, concentrate, topical, capsule, tincture, dissolvable powder, and nasal spray products under the Avenue, Cultivar Collection, Muse, Modern Flower, Alchemy, Momenta, Sweet Talk, Co2lors, Loveli, and Roll One brands. As of March 16, 2022, it operated 162 dispensaries, which included 113 dispensaries in Florida, 19 affiliated dispensaries in Pennsylvania, 17 dispensaries in Arizona, five dispensaries in California, three dispensaries in Maryland, two dispensaries in Massachusetts, two dispensaries in West Virginia, and one dispensary in Connecticut. Trulieve Cannabis Corp. also operated cultivation and processing facilities in Arizona, Colorado, Florida, Maryland, Massachusetts, Nevada, Pennsylvania, and West Virginia. The company was formerly known as Schyan Exploration Inc./Exploration Schyan Inc. and changed its name to Trulieve Cannabis Corp. in September 2018. Trulieve Cannabis Corp. was incorporated in 1940 and is headquartered in Quincy, Florida.

History

Trulieve was founded in 2017 by Kim Rivers as a medical marijuana dispensary in Florida. Since then, the company has expanded to operating in 23 states and serving over 350,000 patients in the United States and Canada. Trulieve has acquired several companies including Leafly, Grassroots, and Harvest Health and Recreation.

Mission

MedMen is writing the book on the modern cannabis industry, from how facilities are designed and constructed to setting the bar on quality and excellence. We are also helping shape the laws that make this industry viable

Vision

We do not run pot shops, we manage class leading retail stores that happen to sell marijuana and marijuana products. MedMen operates several dispensaries in the most strategic markets in the country and we continue to grow rapidly.

Key Team

Mr. Steven Mathew White (Pres)

Ms. Rebecca L. Young (VP & Chief Accounting Officer)

Mr. Nilyum Jhala (Chief Technology Officer)

Mr. Jason Barry Pernell (Chief Information Officer)

Ms. Christine Hersey (Director of Investor Relations)

Mr. Robert Kremer (Exec. Director of Corp. Communications)

Ms. Victoria Walker (Director of Marketing & Community Relations)

Recognition and Awards

Trulieve has been awarded several awards including "Best Medical Cannabis Product" at the Cannabis Business Awards in 2020 and "Dispensary of the Year" at the 2019 Cannabis Business Awards.