Business
Trulieve Announces Executive Automatic Securities Disposition Plan
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced that effective as of March 17, 2026, Ms. Kim Rivers, the Company's Chairman and Chief Executive Officer, has established an automatic securities disposition plan ("ASDP") in accordance with applicable United States and Canadian securities legislation and the Company's trading policies. The ASDP will allow for the sale of Subordinate Voting S
About this update from Trulieve Cannabis Corp.
[{"type":"text","content":"TALLAHASSEE, Fla., March 17, 2026 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced that effective as of March 17, 2026, Ms. Kim Rivers, the Company's Chairman and Chief Executive Officer, has established an automatic securities disposition plan ("ASDP") in accordance with applicable United States and Canadian securities legislation and the Company's trading policies. The ASDP will allow for the sale of Subordinate Voting Shares at prevailing market prices with specific daily volume limits designed to mitigate potential impacts on the share price. Sales are authorized to begin on June 17, 2026 and will continue until the aggregate number of shares sold reaches 2.5 million shares.","length":854,"tagName":"p"},{"type":"image","alt":"Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.)","displaySize":"","headline":null,"caption":"Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":257,"url":"https://media.zenfs.com/en/cnwgroup.com/7d6a1aaddff80bfd774237fb96448085"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zx60UivjgPJ7cg0NcfCImQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ1MztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/7d6a1aaddff80bfd774237fb96448085","width":400,"height":257}},"href":"https://mma.prnewswire.com/media/1720011/Trulieve_LogoV1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under United States and Canadian securities laws and the Company's trading policies, insiders of Trulieve are subject to limits on their ability to sell shares in the Company. ASDPs address this issue by permitting trades to be made in accordance with pre-arranged instructions given when executives are not in possession of any material undisclosed information. Canadian securities laws permit insiders to adopt ASDPs to sell, donate or otherwise transfer shares in the future in accordance with the pre-arranged terms of their ASDP, on an automatic basis, regardless of any subsequent material non-public information they receive. Once an ASDP is established, the insider is not permitted to exercise any further discretion or influence over how dispositions will occ...