secwatch.observer — SEC 8-K summary
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Issuer:     Trulieve Cannabis Corp. (TCNNF)
CIK:        0001754195
Form:       8-K
Filed at:   2021-12-29T23:59:59+00:00
Accession:  0001193125-21-368209
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trulieve appoints Harvest co-founder Steven M. White as President; Rivers remains CEO
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- White appointed President effective Dec 24, 2021; CEO Kim Rivers no longer serves as President.
- Annual base salary $375,000; bonus target 70% of salary, up to 140% for superior performance.
- Employment agreement includes 24-month severance (2x salary + bonus) for termination without cause or for good reason.
- White co-founded Harvest Health, acquired by Trulieve in Oct 2021; holds interest in Harvest of Ohio LLC via two promissory notes ($5M + $3M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754195/000119312521368209/0001193125-21-368209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754195/000119312521368209/d282002d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-368209

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer