Trulieve Cannabis (NYSE:TRLV) CEO Kim Rivers Sells 139,846 Shares of Stock

Trulieve Cannabis Corp. (NYSE:TRLV) CEO Kim Rivers sold 139,846 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $9.46, for a total transaction of $1,322,943.16. Following the sale, the chief executive officer directly owned 2,898,539 shares in the company, valued at approximately $27,420,178.94. The trade was a 4.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Trulieve Cannabis Stock Performance

TRLV opened at $9.21 on Tuesday. Trulieve Cannabis Corp. has a twelve month low of $3.25 and a twelve month high of $13.28.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Trulieve Cannabis in a report on Tuesday, June 16th. They set a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Trulieve Cannabis Company Profile

Trulieve Cannabis Corp. is a vertically integrated cannabis company focused on the cultivation, processing, and retail sale of medical and adult-use cannabis products. The company offers a range of products that may include flower, pre-rolls, concentrates, edibles, vape products, and topicals through its dispensary network and branded product portfolio.

Trulieve’s operations have been centered primarily in the United States, with a strong presence in Florida and additional markets in other states where cannabis is legally regulated.