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Trulieve (TCNNF) won a trial court victory over the state of Florida after challenging the state's cap on dispensaries as unconstitutional. Florida and Trulieve have settled the case before the state's appeal of the trial verdict.
Under the settlement, Trulieve's 14 stores which were in place prior to Florida's dispensary cap will be grandfathered in - they will not count towards Florida's dispensary cap. This means Trulieve will be able to open 14 more dispensaries than their competition - up to 49 dispensaries.