Marijuana company Trulieve begins trading on NYSE
Trulieve officially began trading on the New York Stock Exchange on Thursday, becoming the first American plant-touching cannabis company to do so.
Major exchanges have historically not allowed companies that grow or sell weed in the US to list. Instead, they have traded on low-liquidity over-the-counter exchanges or Canadian exchanges.
Trulieve, which went public in 2018 with a Canadian Securities Exchange listing, is now trading on the NYSE under the ticker TRLV.
Following recent regulatory changes, Trulieve successfully applied to list on the NYSE after it spun off its recreational cannabis business. Other companies have indicated that they are gearing up to do the same.
Trulieve, which went public in 2018 with a Canadian Securities Exchange listing, is now trading on the NYSE under the ticker TRLV.
Following recent regulatory changes, Trulieve successfully applied to list on the NYSE after it spun off its recreational cannabis business. Other companies have indicated that they are gearing up to do the same.
