Trulieve Cannabis Corp (OTCMKTS:TCNNF) Stock On Radar After Introducing New Products

Investors are still heavily interested in the emerging cannabis sector and one of the companies which could be worth tracking this week is Trulieve Cannabis Corp (OTCMKTS:TCNNF). At this point, Trulieve Cannabis is regarded as one of the best performing cannabis companies in the United States and this past Friday the company made a significant announcement.

Trading Data

On Friday, TCNNF stock fell 0.82% to $6.62 with more than 250.01K shares, compared to its average volume of 454.08 shares. The stock moved within a range of $6.58 – 6.86 after opening trading at $6.66.

Trulieve Introduces New Products to West Virginia in February

The company announced the launch of its two proprietary brands in West Virginia named R.O. andModern Flower on February 3 and February 10 respectively. It was a significant new announcement and it is going to be interesting to see how the market reacts to this news.

The Chief Executive Officer of Trulieve Cannabis Kim Rivers spoke about the development as well. Rivers noted that the company was thrilled at the prospect of expanding its offerings and introducing proprietary brands in the growing cannabis space in West Virginia.

She went on to add that Trulieve Cannabis was committed to its focus on providing high quality cannabis products which are going to fit the needs of its customers. At this point it is going to be interesting to see if there is a move in the stock in light of the two new product launches.