Trulieve completes move to Delaware, exchanging BC shares one-for-one for new common stock
Trulieve Cannabis Corp. completed its domestication from British Columbia to Delaware, and its British Columbia shares were automatically exchanged one-for-one into Delaware common stock. Shareholder rights are now governed by a new Delaware certificate of incorporation, bylaws and the Delaware General Corporation Law, which differ in certain respects from the prior British Columbia documents and law.
Key points
- Each BC Subordinate Voting Share was exchanged for one Class A subordinate voting common share, and each BC Multiple Voting Share for one Class B multiple voting common share, par value $0.0001.
- Outstanding stock options, RSUs and PSUs were converted into equivalent awards under the Third Amended and Restated Trulieve Cannabis Corp. 2021 Omnibus Incentive Plan.
- The company adopted a new Certificate of Incorporation and Bylaws, and entered into or will enter into indemnification agreements with its executive officers and directors.
- The share issuance relied on the Section 3(a)(10) exemption from Securities Act registration.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.