Cannabis News

Adds two accomplished female directors to the Board

Trulieve Cannabis Corp. ("Trulieve" or the "Company") (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States today announced the results of its Annual and Special Meeting of Shareholders held on June 10, 2021 (the "Meeting"). Each of the eight individuals nominated for election as a director of Trulieve at the Meeting were elected, including new nominees, Giannella Alvarez and Jane Morreau .

Ms. Alvarez has experience in strategic planning, branding, innovation, consumer insights, technology, and scaling and leading multi-billion dollar businesses. She was the Chief Executive Officer of Beanitos, Inc., a privately held snack food company from January 2018 until December 2019 . Prior to that she was the Chief Executive Officer of Harmless Harvest, Inc., a privately held organic food and beverage company from 2015 until January 2018 . Her experience includes senior global leadership roles at The Coca-Cola Company, The Procter and Gamble Co. and Kimberly Clark .

Ms. Giannella Alvarez (CNW Group/Trulieve Cannabis Corp.)

Ms. Morreau is a seasoned global finance executive with a broad skillset and expertise that also includes supply chain management, manufacturing operations, information technology, retail operations, mergers and acquisitions and corporate strategy. Ms. Morreau is currently employed as the Executive Vice President and Chief Financial Officer of Brown-Forman Corporation, a position she has held since 2014.

Ms. Jane Morreau (CNW Group/Trulieve Cannabis Corp.)

"Diversity is an important value for Trulieve. With the appointments of Ms. Alvarez and Ms. Morreau, Trulieve's Board of Directors is now comprised of 50% women," said Trulieve CEO Kim Rivers . "We welcome our newest independent board members. Their combined experience in corporate finance and branding will be highly beneficial as we continue building out our U.S. hub strategy.

Rivers continued, "Two long-serving board members did not stand for re-election. As founders of Trulieve, Mr. George Hackney and Mr. Michael O'Donnell have sat on our board since Trulieve's inception and have provided invaluable contributions to the Trulieve Board during their tenure. I wish them well during their retirement and thank them for their service as Board members."

The Company put forward the following resolutions to be voted on by shareholders at the meeting, all of which were approved: (i) to set the number of directors at eight; (ii) to re-elect directors for the forthcoming year from the nominees proposed by the Board; (iii) to approve the 2021 Omnibus Incentive Plan; and (iv) to re-appoint MNP LLP, as auditors for the Company and authorization of the Board of Directors to fix the auditors' remuneration and terms of engagement.

A total of 87,472,070 of the 126,003,739 votes attached to all outstanding shares of the Company on an as-converted basis as at the record date voted at the meeting, representing 69.42% of outstanding shares on an as-converted basis.

Election of Directors:

Each of the directors elected at the Meeting, being Kim Rivers, Giannella Alvarez, Thad Beshears, Peter Healy, Richard May , Thomas Millner , Jane Morreau and Susan Thronson, and will hold office until the next annual general meeting of the Company or until their earlier resignation or removal.

Appointment of Auditors:

MNP LLP were appointed as Auditors of the Corporation for the 2021 fiscal year with the Directors authorized to fix their remuneration.

About Trulieve

Trulieve is primarily a vertically integrated "seed-to-sale" company in the U.S. and is the first and largest fully licensed medical cannabis company in the State of Florida. Trulieve cultivates and produces all of its products in-house and distributes those products to Trulieve-branded stores (dispensaries) throughout the State of Florida , as well as directly to patients via home delivery. Trulieve also has licenses in California, Massachusetts, Connecticut, Pennsylvania and West Virginia. Trulieve is listed on the Canadian Securities Exchange under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF .

To learn more about Trulieve, visit www.Trulieve.com .

SOURCE Trulieve Cannabis Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/11/c5504.html

News Provided by Canada Newswire via QuoteMedia

The Greenrose Holding Company Announces New Leadership Appointments

The Greenrose Holding Company Announces New Leadership Appointments

- Bernard Wang Appointed as Chief Financial Officer, Effective August 8, 2022 -

- Benjamin Rose Appointed to Board of Directors, Effective August 1, 2022 -

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
cannabis buds coming out of a jar

Cannabis Weekly Round-Up: Earnings Season Kicks Off

In the cannabis space this week, three leading companies shared their latest earnings reports.

In addition to that, a new report shows that the amount of cannabis product destroyed by Canadian producers reached record-breaking levels in 2021.

Keep reading to find out more cannabis highlights from the past five days.

Keep reading...Show less

Canopy Growth Corporation Reports First Quarter Fiscal Year 2023 Financial Results

Continued progress of premiumization strategy and record quarter from BioSteel accelerating path to profitability

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter ended June 30, 2022 . All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Trulieve Opening Medical Marijuana Dispensary in Kissimmee, FL

New dispensary expands patient access to medical cannabis; grand opening specials available

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States today announced the opening of a new medical dispensary in Kissimmee, Florida . Located at 51 N. Doverplum Ave., the doors will open at 9 a.m. on Thursday, August 4, 2022 with ongoing regular hours of 9 a.m. 9 p.m. from Monday through Saturday and 10 a.m. 8 p.m. on Sunday .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Green Thumb Industries Reports Second Quarter 2022 Results

Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries today reported its financial results for the second quarter ended June 30, 2022. Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.

Highlights for the second quarter and six months ended June 30, 2022:

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Canopy Growth Announces Industry Veteran Christelle Gedeon As New Chief Legal Officer

Gedeon's demonstrated cannabis and commercial expertise will further Canopy Growth's Strategy for North American Cannabis Leadership

Canopy Growth Corporation ("Canopy Growth" or "the Company") (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, is pleased to announce that the appointment of Christelle Gedeon Ph.D., as the Company's new Chief Legal Officer.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×