Trulieve Cannabis (CSE:TRUL,OTC Pink:TCNNF) announced the purchase of a 84.97 acres land space in Jefferson County, Florida set to be used for the construction of a new 750,000 square foot indoor growing facility.
As quoted in the press release:
The facility will be constructed in phases and will be largely automated. Its proximity to Trulieve’s production facility in Midway, Florida will allow for convenient transport for processing of the product. It is expected to bring up to 300 jobs to the area.
“Trulieve’s need for additional cultivation is being met with this new facility. The new site will supply us with additional product allowing us to meet the growing demands of Florida’s patients at a relatively low cost.” said Kim Rivers, CEO of Trulieve. “We are excited to implement these new techniques and experience the enhancements and efficiencies these new methods will bring to our cultivation capabilities.”