Published on 13 May 2022 on MarketWatch
Trulieve, Ascend Wellness CEOs chart multi-state growth
CEOs by their nature remain an optimistic bunch, but with more states to offer growth in the adult use cannabis business, the leaders of both Trulieve Cannabis Corp. and Ascend Wellness Holdings Inc. have plenty of room for revenue expansion as these new territories come on line this year.
Trulieve and Ascend Wellness issued mixed first-quarter results, but with medical and adult use cannabis programs sprouting in several states, the companies directed the spotlight on prospects ahead in Florida, New York, and New Jersey.