Trulieve's chief legal officer Eric Powers acquires $6,100 in shares

Eric Powers, the Chief Legal Officer of Trulieve Cannabis (OTC:) Corp. (OTC:TRUL), has recently acquired 1,000 subordinate voting shares of the company. The shares were purchased at a price of $6.10 each, totaling an investment of $6,100. Following this transaction, Powers now holds 121,000 shares directly. The acquisition was made on November 13, and the details were disclosed in a filing with the Securities and Exchange Commission.

InvestingPro Insights

While Eric Powers' recent acquisition of Trulieve Cannabis Corp. shares demonstrates insider confidence, investors should consider additional factors highlighted by InvestingPro data. The company's stock has experienced significant volatility, with a 99.9% decline in the three-month price total return as of the most recent data. This aligns with an InvestingPro Tip indicating that the stock "generally trades with high price volatility."

Moreover, Trulieve's market performance has been challenging across various timeframes. InvestingPro Tips point out that the "price has fallen significantly over the last year" and "over the last three months," suggesting a broader downward trend beyond recent fluctuations.

For investors seeking a more comprehensive analysis, InvestingPro offers 8 additional tips for Trulieve Cannabis Corp., providing a deeper understanding of the company's financial health and market position.

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