“Over the past year, Trulieve has worked to streamline and optimize operations across the organization focusing on markets with long-term growth potential,” the company said in an email.
is shutting down all three of its Massachusetts cannabis dispensaries and its local manufacturing plant, the company announced Thursday.
The moves follow last year's exit of California retail assets in Palm Springs and Venice, the company said, as part of ongoing efforts to preserve cash and improve their financial performance. The company operates cannabis dispensaries in Framingham, Northampton and Worcester, as well as a manufacturing plant in Holyoke. It also has dispensaries in Arizona, Connecticut, Florida, Georgia, Maryland, Pennsylvania and West Virginia.
Trulieve announced the settlement a few days before Christmas, saying that the agreement will "result in additional health and safety protections for Trulieve workers at its cannabis manufacturing facilities," according to a news release from the corporation.
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