Replies to post #794 on Trulieve Cannabis Corp (TCNNF)

[HoldHigh]

I think this is what you were referring to and why the insiders aren't able to sell or convert all shares at one time.

"Holders of the Subscription Receipts that participated in the SR Offering on a non-brokered basis and whom are US residents have agreed to exchange the Subordinate Voting Shares to be issued to such holders on exercise of the Subscription Receipts for Multiple Voting Shares on the basis of one Multiple Voting Share for each 100 Subordinate Voting Shares to assist the Resulting Issuer in its efforts to maintain its status as a “foreign private issuer” (as determined in accordance with Rule 3b-4 under the Exchange Act) on closing of the Transaction."

US citizens can only hold 40% of the companies shares at the present time. So I think we can put this issue to rest. There are currently 10m +/- shares trading at the present time. IMO