The marijuana industry hit a major milestone last week.
While much of the focus was on SpaceX and its IPO, there was also big news in the pot market
Trulieve Cannabis (NYSE: TRLV) is now trading on the New York Stock Exchange under the ticker symbol TRLV. It’s a massive milestone for the industry as this represents the first U.S.-based marijuana company to trade on a major U.S. exchange. Due to the federal ban on marijuana, U.S. marijuana companies have had to settle for over-the-counter exchanges where the investing pool is significantly smaller.
But that’s no longer the case. Should you buy Trulieve’s stock right now? Trulieve is a beast in the industry Trulieve is one of the largest multi-state operators in the country, with over 200 locations.