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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Trulieve Cannabis Corp (OTC: TCNNF) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Trulieve Cannabis Corp (OTC: TCNNF) concerning whether a series of statements by Trulieve Cannabis Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 17, 2019, an article released by Grizzly Research reported that most of the Company’s cultivation space comes from “hoop houses that produce low quality output,” that there were extensive ties between Trulieve and ongoing FBI investigations into corruption, the Company’s initial license approval “stinks of corruption,” and that there were several undisclosed related party transactions.
Following this news, OTC: TCNNF fell $1.51 or over 12.6% to close at $10.40 on December 17, 2019.
Based in Quincy, Florida, Trulieve Cannabis Corp operates as a medical marijuana company.
If you purchased shares of Trulieve Cannabis Corp (OTC: TCNNF) on or before December 17, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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