Trulieve CEO speaks on growth via M&A, federal pot reform

Published October 18, 2021 7:10 AM

By ALEX VEIGA
AP Business Writer

LOS ANGELES (AP) — The U.S.’ expanding legal marijuana market is driving strong sales and profit growth for multistate operators like Florida’s Trulieve Cannabis Corp. The company, which sells cannabis products in 11 states from Arizona to Pennsylvania, is expanding via acquisitions, including its recently completed $2.1 billion buyout of Harvest Health & Recreation. Trulieve CEO Kim Rivers recently spoke to The Associated Press about the impact of the Harvest deal, how her company has weathered the pandemic and the need for federal legislation to free up banks to do business with licensed marijuana companies.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.