Ron DeSantis Slams Trulieve's Alleged 'Canadian' Ties In His Battle Against Cannabis Legalization
Portfolio Pulse from Maureen Meehan
Florida Governor Ron DeSantis criticized Trulieve Cannabis Corp (OTC:TCNNF) for alleged Canadian ties in his opposition to Florida's cannabis legalization measure, Amendment 3. Trulieve clarified that it is a Florida-based company, with its only Canadian connection being a holding company for stock trading purposes.
August 14, 2024 | 10:26 pm
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Trulieve Cannabis Corp (OTC:TCNNF) was criticized by Florida Governor Ron DeSantis for alleged Canadian ties in the context of opposing Florida's cannabis legalization measure, Amendment 3. Trulieve clarified that it is a Florida-based company, with its only Canadian connection being a holding company for stock trading purposes.
The news brings attention to Trulieve's corporate structure and its involvement in the cannabis legalization debate in Florida. While the criticism from Gov. DeSantis may create some negative sentiment, Trulieve's clarification that it is a Florida-based company should mitigate significant impact on its stock price.
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IMPORTANCE 80
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