A marijuana company will pay $350,000 in a settlement with the state’s Cannabis Control Commission after an employee who worked at a cultivation site in Holyoke died of an asthma attack. Trulieve, which closed its three Massachusetts dispensaries last year and no longer operates in the state, is a Florida-based cannabis company with dispensaries in nine states. OSHA previously … [Read more...] about Marijuana company to pay $350,000 after Holyoke employee’s death
Trulieve
Steve White steps down as Trulieve Cannabis president
Steve White, the president of Trulieve Cannabis Corp., is exiting the company two years after joining the multistate marijuana company through its acquisition of Harvest Health & Recreation. White’s departure has already taken effect, although he will continue as a strategic adviser to Trulieve “until his anticipated retirement at the end of this year,” according to a … [Read more...] about Steve White steps down as Trulieve Cannabis president
Trulieve Cannabis alleges ex-CFO wrongly expensed more than $350,000
Florida-based marijuana multistate operator Trulieve Cannabis is evaluating its options after discovering the company’s former chief financial officer allegedly sought reimbursements for personal expenses and used the MSO’s corporate credit cards inappropriately, racking up as much as $400,000 in personal expenses. The company’s audit committee investigated former CFO Alex … [Read more...] about Trulieve Cannabis alleges ex-CFO wrongly expensed more than $350,000
CFOs depart Trulieve, Weedmaps at tough time for cannabis
The departures of chief financial officers at Trulieve Cannabis Corp. and Weedmaps’ parent company come at a challenging time for the marijuana industry, which is dealing with high interest rates, low share prices and the slow pace of federal reform in the United States. Tim Mullany, who was appointed to the CFO role at Florida-based multistate operator Trulieve earlier this … [Read more...] about CFOs depart Trulieve, Weedmaps at tough time for cannabis
Trulieve cannabis notifies state of 90 layoffs; will close grow and processing facility in Holyoke and all three stores as it exits state
HOLYOKE — Trulieve will lay off 90 employees just in Holyoke, according to a notice the Florida-based marijuana company filed this week with the state Executive Office of Labor and Workforce Development. All told, Trulieve said Thursday it will lay off 128 employees in Massachusetts closing retail operations in Northampton — on King Street — in Worcester and in Framingham by … [Read more...] about Trulieve cannabis notifies state of 90 layoffs; will close grow and processing facility in Holyoke and all three stores as it exits state
Florida Group Submits 420,000 Signatures for Cannabis Amendment—Halfway to Qualifying for Ballot
The group that is powering a proposed constitutional amendment to legalize recreational cannabis in Florida is halfway to its goal of getting the measure on next year’s ballot. According to the News Service of Florida, supporters of the proposed amendment “have submitted more than 420,000 valid petition signatures to the state,” and they will “need to submit at least 891,589 … [Read more...] about Florida Group Submits 420,000 Signatures for Cannabis Amendment—Halfway to Qualifying for Ballot
Blunts: Trimmer Death Raises Concerns
The death of a cannabis industry worker last year has raised concerns about job-related health dangers in the industry and the need for more awareness around the problem. According to a Leafly investigation, Trulieve employee Lorna McMurrey died last January after complaining about having trouble breathing. McMurrey reportedly collapsed while working at a Holyoke, Massachusetts … [Read more...] about Blunts: Trimmer Death Raises Concerns
Marijuana MSO Trulieve closes commercial loans worth $90.4 million
Florida-based marijuana multistate operator Trulieve Cannabis closed on two commercial loans in December worth gross proceeds of $90.4 million, including a five-year arrangement for $71.5 million and a 10-year loan worth $18.9 million. The larger, five-year loan carries a 7.53% interest rate and is secured against a Florida cultivation and manufacturing facility, according to a … [Read more...] about Marijuana MSO Trulieve closes commercial loans worth $90.4 million
Cannabis company settles with OSHA over Holyoke employee death for $14K
The Trulieve company is creating a large cannabis grow, production and retail facility at the old American Thread Company's Hadley Mills building at 56 Canal Street in Holyoke. (Don Treeger / The Republican) A Florida-based cannabis company will pay $14,502 to the U.S. Department of Labor’s Occupational Safety and Health Administration as part of a settlement agreement after an … [Read more...] about Cannabis company settles with OSHA over Holyoke employee death for $14K
Trulieve spending big on Florida recreational ballot measure
Marijuana company Trulieve is bankrolling a proposal to legalize the recreational use of its products for nonmedical purposes. The Florida-based company with growing facilities in Gadsden County has contributed all but $124 of the $15 million raised to promote a proposed constitutional amendment for the 2024 ballot to decriminalize the plant for personal use. Trulieve is … [Read more...] about Trulieve spending big on Florida recreational ballot measure
