TALLAHASSEE, Fla., July 7, 2022 /CNW/ -- 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 it publicly filed an automatically effective registration statement on Form S-3 (the Registration Statement) with the United States Securities and Exchange Commission ("SEC") on July 7, 2022 to register a base shelf prospectus and to register for resale select Subordinate Voting Shares of the Company.
The Company became eligible to file the S-3 registration statement following one year of reporting under the previously filed registration statement and associated amendments on Form S-1. The S-3 filing provides a shelf registration which may provide the Company with additional flexibility in its future financing opportunities. The specific terms of any securities to be offered pursuant to the base prospectus will be specified in a prospectus supplement. The resale prospectus covers the resale registration by Selling Shareholders of up to 72,288,199 subordinate voting shares. Selling Shareholders may offer, sell or distribute all or a portion of their Subordinate Voting Shares publicly or through private transactions at prevailing market prices or at negotiated prices. However, the registration of the securities covered by the Registration Statement does not necessarily indicate that the Company and/or Selling Shareholders will offer or sell any Subordinate Voting Shares in connection with such registration or within any specific timeframe.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities.
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
Christine Hersey, Executive Director of Investor Relations
+1 (424) 202-0210
Rob Kremer, Executive Director of Corporate Communications
+1 (404) 218-3077
View original content to download multimedia:https://www.prnewswire.com/news-releases/trulieve-announces-registration-statement-filing-301582682.html
SOURCE Trulieve Cannabis Corp.