Trulieve CEO Kim Rivers reacts to marijuana being reclassified
December 18, 2025 • 3m 30s
Melissa Lee (Reporter)
00:00.070
impact
let's
bring
in
kim
rivers
see
of
true
leave
she
was
at
the
signing
this
afternoon
kim
great
to
have
you
with
us
Kim Rivers (Founder, Chair & CEO)
00:05.550
thanks
so
much
for
having
me
how
Melissa Lee (Reporter)
00:07.230
much
does
this
actually
help
your
company
and
how
much
of
it
is
symbolic
Kim Rivers (Founder, Chair & CEO)
00:11.990
well
i
mean
first
of
all
the
fact
that
president
trump
had
the
first
meaningful
cannabis
policy
reform
action
since
cannabis
was
scheduled
back
in
the
seventies
i
would
say
it's
a
pretty
it's
a
pretty
monumental
day
like
you
said
in
the
intro
it
does
two
things
it
first
of
all
Kim Rivers (Founder, Chair & CEO)
00:26.390
does
not
legalize
cannabis
but
it
does
open
the
doors
for
medical
research
and
it
also
you
know
brings
to
a
halt
the
punitive
tax
burden
that
my
company
and
other
companies
in
the
industry
have
been
under
Melissa Lee (Reporter)
00:38.270
what
else
needs
to
happen
because
there's
a
whole
other
piece
in
terms
of
you
know
access
to
capital
in
terms
of
listing
in
terms
of
institutional
investors
how
far
do
you
feel
you
are
now
today
to
that
versus
you
know
prior
to
this
executive
order
well
Kim Rivers (Founder, Chair & CEO)
00:54.510
everything
starts
with
a
single
step
and
today
was
that
very
important
first
step
we
know
that
congress
and
and
feedback
from
members
of
congress
has
signaled
that
they
really
were
looking
forward
to
the
president
signaling
that
policy
change
is
here
so
that
they
can
move
Kim Rivers (Founder, Chair & CEO)
01:09.910
forward
on
safer
banking
i
think
that's
the
next
incremental
step
here
which
would
again
bring
down
banking
barriers
and
potentially
lead
to
nasdaq
and
NYSE
getting
comfortable
with
listing
cannabis
on
US
exchanges
Tim Seymour (Fast Money Trader)
01:22.070
hey
cam
tim
congrats
it's
been
a
lot
of
hard
work
and
i
know
the
industry
's
worked
together
on
this
i
guess
my
question
is
were
the
traders
so
it
doesn't
you
know
markets
sold
off
twenty
percent
today
after
a
hundred
and
fifty
percent
move
in
five
days
that
that's
stuff
for
us
Tim Seymour (Fast Money Trader)
01:36.390
to
do
something
i
do
by
day
and
but
i
my
question
to
you
is
i
think
there
is
some
reaction
from
a
market
that
saw
a
lot
of
headlines
around
CBD
and
a
lot
of
you
know
potential
conflict
for
an
industry
where
you've
built
a
very
asset
heavy
business
clearly
there
has
been
some
Tim Seymour (Fast Money Trader)
01:52.550
struggle
between
call
it
the
cannabis
world
and
the
help
essentially
the
the
derived
see
the
the
intoxicating
hemp
whatever
market
we're
calling
this
can
you
just
weigh
in
on
this
because
i'm
just
curious
your
view
on
it's
incredible
news
on
schedule
three
are
you
concerned
Tim Seymour (Fast Money Trader)
02:11.030
about
the
CBD
side
of
this
Kim Rivers (Founder, Chair & CEO)
02:13.070
yeah
thanks
tim
no
i'm
not
i
believe
that
again
if
you
read
the
EO
there
were
some
specific
language
in
there
about
calling
out
the
fact
that
there
needs
to
be
a
regulated
marketplace
and
i
think
that's
consistent
throughout
this
EO
and
that's
consistent
language
from
the
white
Kim Rivers (Founder, Chair & CEO)
02:27.070
house
they
want
to
see
safe
regulated
tested
products
millions
of
americans
are
using
medical
cannabis
forty
states
have
very
intricate
very
specific
programs
that
we
operate
under
and
the
president
is
very
clear
that
he
wants
folks
to
be
able
to
have
access
to
safe
regulated
Kim Rivers (Founder, Chair & CEO)
02:44.110
researched
products
in
controlled
environments
and
i
think
the
language
in
the
EO
is
very
consistent
on
all
of
those
points
and
i
think
we're
going
to
continue
to
see
moves
towards
again
a
very
strictly
regulated
but
also
available
marketplace
in
the
medical
marijuana
space
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