Trulieve CEO Kim Rivers Says Sees Pennsylvania As Favorable In The Next 2 Years; Says Georgia Is A Market Co Is Looking At
Portfolio Pulse from Benzinga Newsdesk
Trulieve CEO Kim Rivers has expressed interest in expanding the company's operations into Pennsylvania and Georgia over the next two years. This information was shared during a Benzinga Cannabis Capital Conference.
September 27, 2023 | 6:22 pm
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POSITIVE IMPACT
As an ETF that tracks the performance of US-listed cannabis companies, MSOS could benefit from Trulieve's potential expansion.
As Trulieve expands and potentially increases its revenues and market share, MSOS, which tracks the performance of US-listed cannabis companies, could see a positive impact on its performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Trulieve's potential expansion into Pennsylvania and Georgia could lead to increased market share and revenues.
Expansion into new markets typically leads to increased revenues and market share, which could positively impact Trulieve's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100