Trulieve CEO Kim Rivers Says 'It's Going To Take A Little Time' To Move Through The House
Portfolio Pulse from Benzinga Newsdesk
Trulieve CEO Kim Rivers stated that it will take some time for the company's initiatives to move through the House. The statement was made during a Benzinga subscriber event.
September 27, 2023 | 6:18 pm
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NEUTRAL IMPACT
The ETF MSOS, which includes cannabis-related stocks, may be indirectly affected by Trulieve's initiatives in the House.
As Trulieve is a significant player in the cannabis industry, its initiatives in the House could potentially impact the overall sector, and thus the MSOS ETF which includes cannabis-related stocks. However, the impact is indirect and uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Trulieve's (TCNNF) initiatives in the House could potentially impact the company's stock in the short term.
As the initiatives are directly related to Trulieve, they could potentially impact the company's stock. However, the CEO has indicated that it will take some time for these initiatives to move through the House, suggesting that any impact may not be immediate.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100