Trulieve Cannabis Corp: Why This Depressed Pot Stock Is Rebounding - News Summed Up

Trulieve Cannabis Corp: Why This Depressed Pot Stock Is Rebounding


This has hurt the share prices of some of the most successful U.S. pot stocks, including Trulieve Cannabis Corp (CNSX:TRUL, OTCMKTS:TCNNF). In October, the company announced that it had closed on its acquisition of Harvest Health & Recreation Inc. (Source: “Trulieve Completes Acquisition of Harvest Health & Recreation Inc. Creating the Largest and Most Profitable U.S. Cannabis Operator,” Trulieve Cannabis Corp, October 1, 2021.) With the acquisition, Trulieve Cannabis Corp now has 155 dispensaries in 11 states and three strategic regional hubs, with market-leading positions in Arizona, Florida, and Pennsylvania. (Source: “Trulieve Reports Record Third Quarter 2021 Results and 15th Consecutive Profitable Quarter,” Trulieve Cannabis Corp, November 15, 2021.)


Source: Profit Confidential November 23, 2021 12:33 UTC



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