Trulieve cannabis CMO Gina Collins buys $7,962 worth of shares via Investing.com
Gina Collins, Chief Marketing Officer of Trulieve Cannabis (OTC:) Corp. (CSE:TRUL), recently bought 1,250 subordinate voting shares of the company. The shares were acquired at a price of $6.37 each, which equates to a total transaction value of $7,962. After this purchase, Collins directly owns 103,931 shares. This purchase reflects the company’s senior management’s continued investment in Trulieve stock.
InvestingPro Insights
Although Gina Collins’ recent purchase of Trulieve Cannabis Corp. (CSE:TRUL) shows internal confidence, investors should consider additional factors when evaluating the company’s stock. According to InvestingPro data, Trulieve’s stock has experienced significant volatility, with a 99.9% drop in its 3-month return as of the most recent quarter. This is in line with InvestingPro’s tip indicating that stocks often trade at volatile prices.
Another InvestingPro Tip points out that Trulieve suffers from weak profit margins, which could be a concern for potential investors. This information, combined with the company’s average daily trading volume of 0.07 million USD in the past three months, suggests that the stock may face liquidity challenges.
It’s worth noting that InvestingPro offers a few additional Trulieve tips, which can provide additional insights into the company’s financial health and market performance. Investors looking for a comprehensive analysis may find value in checking out these additional tips available through the InvestingPro product.
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