Trulieve Cannabis CEO buys $202,300 worth of stock

Trulieve Cannabis CEO Kim Rivers acquired 14,000 shares of the cannabis company on Tuesday at a price of $14.45 a share for a total purchase value of about $202,300, according to a filing. Rivers now owns just under 2.5 million shares. Trulieve CFO Alex D’Amico acquired 1,500 shares and Trulieve president Steve White bought 7,000 shares. All told, Trulieve management bought 31,650 shares in recent days. Trulieve shares are down 2.9% in premarket trades. The stock has lost 45.7% of its value in 2022 compared to a drop of 45.5% by the AdvisorShares Pure US Cannabis ETF .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.