Trulieve Announces Automatic Securities Disposition Plan for Executive

0fa65fe60675f66c4d023635850353f3 Trulieve Announces Executive Automatic Securities Disposition Plan

(SeaPRwire) –   TALLAHASSEE, Fla., March 17, 2026 — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a prominent and high-performing cannabis company in the U.S., has announced that as of March 17, 2026, Ms. Kim Rivers, the Company’s Chairman and Chief Executive Officer, has implemented an automatic securities disposition plan (“ASDP”) in compliance with applicable U.S. and Canadian securities laws and the Company’s trading policies. This ASDP will facilitate the sale of Subordinate Voting Shares at prevailing market prices, incorporating specific daily volume limitations to minimize potential impacts on the share price. Sales are authorized to commence on June 17, 2026, and will continue until a total of 2.5 million shares have been sold.

Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.)

Under the regulations of U.S. and Canadian securities laws, as well as the Company’s trading policies, Trulieve insiders face restrictions on selling their Company shares. ASDPs are designed to address this by allowing trades to be executed based on pre-arranged instructions provided when executives do not possess any material non-public information. Canadian securities laws permit insiders to establish ASDPs for the automatic sale, donation, or other transfer of shares in the future, according to the pre-arranged terms, irrespective of any subsequent material non-public information they may receive. Once an ASDP is in place, the insider relinquishes any further discretion or influence over how dispositions occur under the plan.

The sale of Subordinate Voting Shares under the ASDP will be managed by an independent securities broker, adhering to the trading parameters, price and volume limits, and other directives outlined in the ASDP. The ASDP explicitly prohibits the broker administering it from consulting with Ms. Rivers regarding any sales and prevents Ms. Rivers from sharing any Company information with the broker that could influence the execution of the ASDP. The ASDP has been approved by the Company’s compensation committee and includes significant limitations on Ms. Rivers’ ability to amend, suspend, or terminate the plan.

Any dispositions made by Ms. Rivers under the ASDP will be reported in accordance with applicable securities laws. Each such filing will include a note indicating that the disposition is part of an ASDP. Information regarding each ASDP and related transactions can be found on SEDI at www.sedi.ca and www.sec.gov.

This announcement is being made in accordance with the recommended practices outlined in Staff Notice 55-317 –Automatic Securities Disposition Plans issued by the Canadian Securities Administrators and will be accessible through the Company’s SEDAR profile at www.SEDAR.ca.

Forward-Looking Statements
This news release contains forward-looking information and statements as defined by the Private Securities Litigation Reform Act of 1995. These statements pertain to the Company’s expectations, forecasts, plans, intentions, estimates, and beliefs regarding future events. Phrases such as “expects,” “continue,” “will,” “anticipates,” and “intends,” or similar expressions, are used to identify forward-looking statements. These statements are based on the Company’s current projections and expectations concerning future events and trends that management believes may impact its financial condition, operational results, business strategy, and financial needs. They are also based on certain assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions, expected future developments, and other factors deemed appropriate by management. Forward-looking information and statements involve and are subject to assumptions, as well as known and unknown risks, uncertainties, and other factors that could cause actual events, results, performance, or achievements of the Company to differ materially from those expressed or implied in these forward-looking statements. This includes, but is not limited to, the risks detailed under the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in our subsequent periodic reports filed with the United States Securities and Exchange Commission, as well as in the Company’s filings on SEDAR+ at www.sedarplus.ca. There is no guarantee that any forward-looking information and statements herein will prove to be accurate; therefore, readers are advised to conduct their own evaluation of such risks and uncertainties and not to place undue reliance on these forward-looking statements. All forward-looking information and statements herein are made as of the date of this release. Except as required by applicable law, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein, or to explain any reasons why actual events or results might differ from those projected in any forward-looking information and statements, whether due to new information, future events or results, or any other cause.

About Trulieve
Trulieve is a leading, vertically integrated cannabis company and a multi-state operator in the U.S., holding top market positions in Arizona, Florida, and Pennsylvania. Trulieve is positioned for enhanced growth and expansion, scaling its retail and distribution operations in both new and existing markets through its strategic hub approach. By offering innovative, high-quality products across its brand portfolio, Trulieve aims to deliver superior customer experiences and increase access to cannabis, empowering patients and customers to live without limitations. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.

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Investor and Media Contact
Christine Hersey, Chief Corporate Affairs & Strategy Officer
+1 (424) 202-0210
Christine.Hersey@Trulieve.com

SOURCE Trulieve Cannabis Corp.

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