Medical cannabis company Trulieve Cannabis (TCNNF) has completed the acquisition of Mountaineer Holding LLC.   Trulieve made a total payment of $6 million for this acquisition of which $3 million was paid in cash. The remaining payment was made by issuing 60,342 Trulieve subordinate voting shares. The acquisition sets up Trulieve’s vertical integration into West Virginia and bolsters its national expansion with the addition of operations in its sixth state.    Trulieve CEO Kim Rivers said, “We are pleased to complete this transaction quickly as the addition of Mountaineer achieves a significant presence for us in West Virginia.
https://www.tipranks.com/news/trulieve-cannabis-acquires-mountaineer-holding-llc-street-sees-78-upside
Trulieve Cannabis (QX) (USOTC:TCNNF)
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