Trulieve Cannabis Reports Insider Share Purchases Reflecting "Confidence" in Co; Also Opening Medical Cannabis Dispensary in Jacksonville, Florida-March 2024-www.financetom.com

Trulieve Cannabis Reports Insider Share Purchases Reflecting "Confidence" in Co; Also Opening Medical Cannabis Dispensary in Jacksonville, Florida

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Trulieve Cannabis Reports Insider Share Purchases Reflecting "Confidence" in Co; Also Opening Medical Cannabis Dispensary in Jacksonville, Florida

Nov 22, 2024 6:06 AM

08:45 AM EST, 11/22/2024 (MT Newswires) -- Trulieve Cannabis ( TCNNF ) said Friday that several members of its executive management team and board of directors recently made purchases of the company's subordinate voting shares.

Trulieve said the purchases reflect their confidence in the company's "growth potential and direction".

Between Nov. 8 and Nov. 21, certain executives including Chairman and CEO Kim Rivers as well as board members purchased a total of 72,273 shares at prices between $5.63 and $7.19 per share.

"These insider purchases reflect the confidence and commitment of leadership in the long-term strategic plan for Trulieve and its shareholders," the company said.

In separate news, it announced the opening of a new medical cannabis dispensary in Jacksonville, Florida on Saturday, November 23.

Trulieve's share price fell 3.6% yesterday to $8.55.

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