Trulieve Cannabis Corp. secured approval to uplist to the New York Stock Exchange. The company becomes the first U.S. multi-state operator to list on a major American exchange.

This milestone signals a regulatory shift that could unlock billions in institutional capital for the sector. Analysts identify Green Thumb Industries as a prime candidate to follow this move.

Green Thumb maintains consistent operating profitability. The company also reports a strong balance sheet. A major exchange listing would grant the company access to a broader investor base.