Trulieve appoints Matthew Foulston as new board member and Chief Financial Officer

Trulieve Cannabis Corp., a prominent U.S. cannabis company, made a significant announcement regarding the appointment of Matthew Foulston to its Board of Directors and Jan Reese as Chief Financial Officer.

Mr. Foulston, a seasoned board member and financial executive with extensive experience in various industries, including serving as CFO for multiple publicly listed companies, expressed his enthusiasm to join Trulieve. He emphasized his eagerness to contribute to the company’s growth and shareholder value.

On the other hand, Mr. Reese, set to take over as CFO on September 8, 2025, brings with him over twenty years of finance leadership experience from both public and private equity-backed companies. His impressive track record includes executive roles at worldwide firms like Delphi Automotive and Walmart International. He is excited about the prospects ahead at Trulieve and looks forward to driving success within the organization.

Trulieve expressed gratitude to Ryan Blust for serving as Interim CFO and announced that he would resume his duties as Vice President of Finance once Mr. Reese assumes the CFO position. CEO Kim Rivers welcomed the new additions to the leadership team, stressing the incoming expertise and strategic vision that Mr. Foulston and Mr. Reese would bring to Trulieve amidst the ever-changing cannabis industry landscape.

The company also provided forward-looking statements regarding its financial performance, business prospects, and strategic outlook. Despite uncertainties and risks that could impact actual results, Trulieve remains optimistic about its future trajectory, leveraging its experience and insights to navigate market dynamics successfully. The company’s current projections align with its mission to achieve long-term growth and value creation, underpinned by a strategic approach to financial management.

In conclusion, the recent appointments of Matthew Foulston and Jan Reese mark a significant milestone for Trulieve Cannabis Corp, reaffirming its commitment to leadership excellence and continued growth in the evolving cannabis market. The company’s forward-looking statements reflect a proactive and strategic approach to addressing current challenges and capitalizing on emerging opportunities. Excitement abounds as Trulieve embarks on its next phase of development with a strengthened leadership team poised for success.