Trulieve Cannabis Corp. President Jason Pernell resigned effective June 11, 2026.
The departure occurred two days after the company’s historic move to the New York Stock Exchange (NYSE) on June 10. Trulieve now trades under the ticker TRUL as the first U.S. cannabis company listed on a major American exchange. This milestone followed the federal rescheduling of medical marijuana to a Schedule III substance.
A separation agreement mandates a one-year restriction on Pernell selling his Trulieve shares. The company transitioned its operations to focus on state-licensed medical marijuana facilities to qualify for the NYSE listing.
A June 12, 2026, financial analysis highlighted Trulieve’s superior profitability and financial profile relative to its industry peers.