Trulieve deconsolidates mixed-use cannabis unit to pursue NYSE listing

Filed June 4, 2026 · Period ending June 3, 2026 · ~1 min read

Key Changes

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  Trulieve restructured ownership of Harvest, its mixed-use cannabis subsidiary, to deconsolidate its financials and enable NYSE listing application. Company now holds only non-voting units with no operational control.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Third-party investor Whitley Holding acquired 10% voting interest in Harvest for $14.8M, gaining operational control with two of three board seats. Trulieve capped at 90% ownership even after future conversion.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Starting Q2 2026, Harvest's revenue, assets, and liabilities will no longer appear in Trulieve's consolidated financials, materially reducing reported figures. Company will report only a non-controlling interest.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →