Trulieve Appoints Ryan Blust as Interim CFO Following Wes Getman’s Departure

Trulieve Expands Leadership with New Interim CFO

Trulieve Cannabis Corp., recognized as a top cannabis provider in the United States, recently made a significant leadership change by appointing Ryan Blust as its interim Chief Financial Officer. This announcement comes on the heels of Wes Getman’s decision to depart the company to pursue other opportunities, effective March 6, 2025. The company is now actively seeking a new CFO who can contribute strategically to its forward-looking goals.

Ryan Blust, who has been with Trulieve since 2018, has played various crucial roles within the company during his tenure. Initially joining as Vice President of Finance, he has demonstrated his capability by previously stepping into higher roles when necessary. His extensive background in finance and accounting spans over 20 years, providing him with the expertise needed to navigate the evolving landscape of the cannabis industry.

Before his time at Trulieve, Blust served as the Controller for Vector Solutions, a software company, and held the position of CFO at Honeycomb Company of America, an aerospace manufacturer. His career began in public accounting in 2004, where he worked for notable firms including Cherry Bekaert and Bobbitt, Pittinger & Company. This rich blend of experiences equips him with a robust understanding of financial management and operational excellence.

In a statement reflecting on these transitions, Kim Rivers, CEO of Trulieve, expressed gratitude towards Wes Getman for his contributions, particularly in strengthening the company's financial controls to meet Sarbanes-Oxley requirements in the previous year. Rivers remarked, "We thank Wes for his good work, particularly with his team implementing robust financial controls to meet Sarbanes-Oxley requirements last year."

The executive leadership transition underscores Trulieve’s commitment to maintaining strong financial governance and strategic direction. The company has engaged an executive recruitment firm to assist in finding a suitable candidate for the CFO position, ensuring that the new hire will align with Trulieve’s growth ambitions and corporate strategy.

Trulieve, listed on the Canadian Securities Exchange under the symbol TRUL and trading on the OTCQX market as TCNNF, is predominantly focused on the expanding cannabis market in the United States, with strong operations in Arizona, Florida, and Pennsylvania. As a vertically integrated entity, Trulieve is poised for accelerated growth, enhancing its market presence through strategic retail and distribution efforts. This includes a hub strategy aimed at improving customer access to high-quality cannabis products.

The company has garnered a reputation for its innovative product offerings and robust customer experiences, enabling patients and consumers to engage with cannabis without limits. With the recent leadership changes, it is anticipated that Trulieve will continue to foster an environment conducive to expansion and operational excellence.

Going forward, all eyes will be on how Ryan Blust navigates this interim period and the steps Trulieve will take in securing a CFO equipped to lead the company into its next growth phase. Stakeholders and employees alike are hopeful for a seamless transition that will uphold Trulieve’s commitment to excellence in the cannabis industry.