Trulieve gains after Trump signals support for Florida pot legalization

Trulieve Cannabis

03/09/2024 16:51

** Shares of pot firm Trulieve Cannabis  TRUL.CD  up 6.6% at
C$12.49
    ** U.S. Republican presidential candidate Donald Trump
suggested his support for decriminalization of marijuana in
Florida, on Saturday
    ** Florida will vote in November whether to authorize the
use of recreational marijuana in adults
    ** Trulieve, the market leader in Florida, had primarily
bankrolled the campaign to put the amendment in Florida's ballot
in the November election
    ** Florida governor Ron DeSantis had previously expressed
his disapproval regarding the proposed amendment
    ** Including session's gains, stock up 81.9% YTD

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))