SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. 3)1

 

 

Trulieve Cannabis Corp.

(Name of Issuer)

Subordinate Voting Shares, no par value

(Title of Class of Securities)

89788c104

(CUSIP Number)

September 16, 2024

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

1

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 

 

 

Page 1 of 6


CUSIP No. 89788c104

 

 1.   

 NAME OF REPORTING PERSON

 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

 Kim A. Rivers

 2.  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☐  (b) ☐

 

 3.  

 SEC USE ONLY

 

 4.  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

 SOLE VOTING POWER

 

 17,590,005 Subordinate Voting Shares

   6.  

 SHARED VOTING POWER

 

 986,700 Subordinate Voting Shares

   7.  

 SOLE DISPOSITIVE POWER

 

 17,590,005 Subordinate Voting Shares

   8.  

 SHARED DISPOSITIVE POWER

 

 986,700 Subordinate Voting Shares

 9.   

 AGGREGATE AMOUNT BENEFICIALLY OWNED

 

 BY EACH REPORTING PERSON 19,226,264 Subordinate Voting Shares

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

11.  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 10.26%

12.  

 TYPE OF REPORTING PERSON

 

 IN

 

Page 2 of 6


CUSIP No. 89788c104

 

SCHEDULE 13G

 

ITEM 1(a)   

NAME OF ISSUER:

 

Trulieve Cannabis Corp. (the “Issuer”)

ITEM 1(b)   

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

 

   6749 Ben Bostic Road
   Quincy, FL 32351
ITEM 2(a)   

NAME OF PERSON FILING:

 

   Kim A. Rivers (“Ms. Rivers” or the “Reporting Person”).
ITEM 2(b)   

ADDRESS OF PRINCIPAL BUSINESS OFFICE:

 

   The business address of the Reporting Person is c/o Trulieve Cannabis Corp.,
   6749 Ben Bostic Road Quincy, FL 32351.
ITEM 2(c)   

CITIZENSHIP:

 

   Ms. Rivers is a citizen of the United States.
ITEM 2(d)   

TITLE OF CLASS OF SECURITIES:

 

   Subordinate Voting Shares, no par value (the “Shares”)
ITEM 2(e)   

CUSIP NUMBER: 89788c104

 

ITEM 3   

IF THIS STATEMENT IS FILED PURSUANT TO §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

   Not applicable.
(a)       Broker or dealer registered under section 15 of the Act (15 U.S.C. 78os).
(b)       Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)       Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)       Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)       An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

 

Page 3 of 6


CUSIP No. 89788c104

 

(f )       An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

(g)

  

  

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

(h)

  

  

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(i)

  

  

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

(j)

  

  

A non-US institution, in accordance with §240.13d-1(b)(1)(ii)(J);

(k)

  

  

Group, in accordance with §230.405 240.13d-1(b)(1)(ii)(K).

If filing as a non-US institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: Not applicable.

 

ITEM 4

OWNERSHIP:

 

(a)

Amount beneficially owned by the Reporting Person: 19,226,264 Shares, consisting of (i) 1,603,305 Shares held directly, (ii) 159,867 Multiple Voting Shares held directly, (iii) 9,867 Multiple Voting Shares held by Traunch IV LLC (“Traunch IV”), over which the Reporting Person may be deemed to exercise voting and investment control, and (iv) 649,559 options to purchase Shares currently exercisable and held directly. Multiple Voting Shares are convertible into Shares on a one-for-100 basis (or an aggregate of 16,973,400 Subordinate Voting Shares). Ms. Rivers disclaims beneficial ownership of the Shares held by Traunch IV, except to the extent of her pecuniary interest therein.

 

(b)

Percent of class beneficially owned by the Reporting Person: 10.26%

 

(c)

Number of Shares as to which the Reporting Person has (i) the sole power to vote or direct the vote of: 17,590,005, (ii) the shared power to vote or to direct the vote of: 986,700, (iii) the sole power to dispose or to direct the disposal of: 17,590,005, and (iv) the shared power to dispose or to direct the disposal of: 986,700.

The percentages of beneficial ownership stated herein and on the Reporting Person’s cover page to this Amendment No. 3 to Schedule 13G are based on a total of 187,324,658 Shares outstanding (consisting of 164,098,272 Subordinate Voting Shares and 23,226,386 Multiple Voting Shares (on an as converted basis) outstanding), as of July 30, 2024 as provided by the Issuer in its Form 10-Q for the quarterly period June 30, 2024.

 

ITEM 5

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

Not applicable.

 

ITEM 6

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

Not applicable.

 

Page 4 of 6


CUSIP No. 89788c104

 

ITEM 7    IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT COMPANY:
   Not applicable.
ITEM 8    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
   Not applicable.
ITEM 9    NOTICE OF DISSOLUTION OF GROUP:
   Not applicable.
ITEM 10    CERTIFICATION:
   Not applicable.

 

Page 5 of 6


SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: September 18, 2024

 

/s/ Kim A. Rivers

Kim A. Rivers

 

Page 6 of 6


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