Kim Rivers

Medical Marijuana Giant Trulieve, Backer Of Florida's Recreational Cannabis Ballot, Narrows Loss, Reports Uptick In Q1 Revenue, Gross Profit
Las Vegas Cannabis Powerhouse Planet 13 On Verge Of Major Florida Expansion Via $49M Deal
Cannabis In Florida: The Bellamy Brothers Tell Trulieve CEO 'We Rolled A Fat One' When Legalization Initiative Landed On November Ballot
Las Vegas Cannabis Powerhouse Planet 13 On Verge Of Major Florida Expansion Via $49M Deal
Cannabis In Florida: The Bellamy Brothers Tell Trulieve CEO 'We Rolled A Fat One' When Legalization Initiative Landed On November Ballot
Trulieve CEO To DeSantis Weed Bashing: Cannabis Is 'Scientifically, Evidence-Backed Healthier' Than Alcohol, Legalization Will 'Improve Quality Of Life'
Cannabis Companies Pony Up $15M To Support Florida Legalization Amendment, Adding To Trulieve's $40M

Kim Rivers Recent News

Florida Supreme Court Shelves Cannabis Ballot Proposal With No Explanation Or Provisions As April 1 Deadline Looms
Florida's Republican Attorney General Ashley Moody has regularly criticized the cannabis initiative brought by advocacy group Smart & Safe.
20 Most Influential Women In The Cannabis Industry And The Secret To Meet Them In Person In 2024
To celebrate International Women's Day, let's shine a light on the women making strides in cannabis — a field historically dominated by men.
From Ground Up: Trulieve CEO's Blueprint For Cannabis Dominance (UPDATED)
Kim Rivers, CEO of Trulieve, has driven the company's growth and strategic direction, advocating for federal cannabis reform and optimizing operations.
Here's Where To Buy Legal Weed: Cannabis Store Openings Ahead Of The New Year
The first licensed adult-use cannabis dispensary and delivery service in New York, Housing Works Cannabis Co, has celebrated a successful first year of operations. The dispensary, which reported selling roughly $12m worth of marijuana during its first six months, curated a menu of over 1,000 SKUs across 124 brands. This resulted in total sales of $24m in the company's first year. While New York could potentially house up to 600 stores based on California's density, Pablo Zuanic of Zuanic & Associates suggested that the figure could be over 3,600 if it follows Colorado's model. Other cannabis stores have opened in the US and Canada recently. Trulieve Cannabis opened two new medical dispensaries in Florida, while Ascend Wellness Holdings opened a dispensary in Ohio. Canadian retailer High Tide also opened three new Canna Cabana stores in Canada.
Marijuana Giant Trulieve Boosts Cash Position With $25M Loan, Opens Cannabis Stores In Florida
Florida-based medical cannabis firm Trulieve Cannabis has secured $25m of gross proceeds from a five-year loan. The company will pay interest of 8.31% until the loan matures. The deal, arranged with First Federal bank, gives Trulieve greater flexibility, according to CEO Kim Rivers. She said the loan would boost the company's cash position as it gears up for growth opportunities. The company revealed the financing at the same time as the opening of two new medical dispensaries in Florida: one in Crawfordville and another in Crestview. Trulieve will stock products from in-house brands Modern Flower, Muse, Trekkers and many others. The dispensaries will also carry product from partner brands, including Alien Labs.
Trulieve Significantly Narrows Q3 Loss Thanks To Lower Operating Expenses
Florida-based cannabis company Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) reported its financial results Thursday for the third quarter, disclosing revenue of $275.2 million compared to $295.4 million in the same period a year ago and $282 million in th
Trulieve Vs The IRS Over Millions Of Dollars In Tax Refund, Relocates One Of Its Florida Stores
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced on Friday the filing of amended federal tax returns with refund claims for several of the company's business entities for 2019, 2020 and 2021.
Despite DeSantis, Florida Supreme Court Schedules Hearing On 2024 Marijuana Ballot Initiative
Weed Giant Trulieve Confirms Company President Is Retiring
Florida-based Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) confirmed Monday that Steve White is stepping down as the company's president, effective October 1, 2023.
Ohio Medical Cannabis Company Files Response To Trulieve's Loan Default Claims
In a recent development, Harvest of Ohio has issued a forceful response to allegations of loan default by Florida-based Trulieve Cannabis Corp (OTCQX: TCNNF) and its subsidiaries.
EXCLUSIVE: Cannabis Catalysts Praise SAFER Momentum, Plus State Market Prospects
The cannabis industry is poised for some serious growth owing to the historic clearance of the SAFER Banking Act by the
Here's Where To Buy Legal Weed: Florida MMJ Market Grows, New Celeb-Backed Shop & More
Florida Retail Footprint Grows Amid Rec Legalization Talks Two fierce competitors in the Florida medical marijuana market have recently expanded their retail footprints.
Cannabis Racketeering Conspiracy In Arizona: Medical Marijuana Giant's Lawsuit Against Ex-Employees And Competitors
Trulieve Cannabis Corp.
Cannabis Valuation Jumps Post-Rescheduling Recommendation, Viridian Report Reveals
In a potentially game-changing decision, the Department of Health and Human Services (HHS) recently recommended the DEA to consider reclassifying cannabis from its Sc
Florida's Resounding Approval: Voters Overwhelmingly Back Cannabis Legalization
Researchers from the University of South Florida (USF) and Florida Atlantic University (FAU) released the results of a comprehensive statewide survey that delves into Floridians’ attitudes on key health policy matters, including marijuna, for which there is broad support. 
Trulieve CEO: Federal Rescheduling Could Change Heavy Tax Burden For Cannabis Industry
"It's not if, it's just when," said Kim Rivers, CEO of Trulieve Cannabis Corp (OTCQX: TCNNF), regarding the recent recommendation by the Health and Human Services Department (HHS) to the Drug Enforcement Administration (DEA) regarding the 
Top Cannabis Experts Explain US Agency's Move To Relax Marijuana Laws: Is Legalization Here? Or Another Red Herring?
In a pivotal move that could reshape the federal stance on marijuana, a top official at the Department of Health and Human Services (HHS) has recommended that the substance be reclassified as a Schedule III substance under the Controlled Substances Act.
Trulieve Faces Serious Competition As Planet 13 Enters Florida Market Via $48M Deal
Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) announced on Monday that it has entered into a membership interest purchase agreement to acquire all of the ownership interests of VidaCann, LLC.
Small Maryland Town With 5% Equity In Trulieve's Operation Wants Its Fair Share Of The Profits
A small town in Western Maryland with equity in the local cannabis operation run by medical marijuana giant Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) is seeking its fair share of the profits,
Trulieve Q2 Revenue Declines 10% YoY, What About Adjusted EBITDA?
Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) released its results for the quarter ended June 30, 2023, revealing revenue of $282 million, a decrease of 10% compared to $314 million in Q2 2022. Q2 2023 Financial Highlights
Here's Where To Buy Legal Weed: Jim Belushi's Farm Teams Up With Shop In SD, New Stores In US And Canada
Florida Gets New MMJ Stores And Fulfillment Center
Trulieve Opening Medical Cannabis Dispensary In Sanford, Florida
Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) announced the grand opening of a new medical dispensary in Sanford, Florida. at 4740 W SR-46. The doors will open on July 22 with hours of 9 AM – 8:30 PM Monday through Saturday and 11 AM – 8 PM on Sunday.
Trulieve's $25M Lawsuit Against Ohio Cannabis Companies Heats Up, Black Female Owners Respond
A contentious situation between cannabis giant Trulieve Cannabis Corp. (OTC: TCNNF) and Black-owned Harvest of Ohio and Harvest Grows is heating up.