Trulieve Cannabis Corp. announced it has completed its corporate redomiciliation, changing its jurisdiction of incorporation from the Province of British Columbia, Canada, to the State of Delaware, effective August 11, 2026. This move, referred to as the "Domestication," follows approval from the company's shareholders on August 5, 2026, and a final order from the Supreme Court of British Columbia. As a result, the company is now a Delaware corporation governed by Delaware law.
Key Details
- Jurisdictional Change: The company legally moved its corporate domicile from British Columbia, Canada, to Delaware, USA, effective August 11, 2026.
- Share Conversion: All previously issued subordinate and multiple voting shares were automatically exchanged on a one-for-one basis for new Class A and Class B common stock of the Delaware-incorporated entity.
- Governing Law: Shareholder rights and corporate governance are now subject to the Delaware General Corporation Law (DGCL) and the company's new Certificate of Incorporation and Bylaws.
- Equity Awards: All outstanding stock options, RSUs, and PSUs were converted into equivalent awards for the new Delaware shares on identical terms.