Trulieve Cannabis Corp. tells The Marijuana Herald that former President Jason Pernell’s departure is tied to the company’s previously announced restructuring involving its mixed medical and adult-use markets, with Pernell now under consideration for a leadership role at Harvest.
The clarification follows Trulieve’s recent filing with the U.S. Securities and Exchange Commission announcing that Pernell had resigned as president effective June 11 and entered into a separation agreement with the company.
In a statement provided to The Marijuana Herald, Trulieve Chief Corporate Affairs & Strategy Officer Christine Hersey said “Jason was primarily focused on the operations in mixed medical and adult use markets that are now deconsolidated under Harvest. As such, both Trulieve and Jason agreed to separate and now Jason is under consideration to take a leadership role at Harvest to run those markets.”
The company did not announce a new president in the SEC filing.
Pernell, a co-founder of Trulieve, was appointed president in February 2025. At the time, Trulieve said he had more than 20 years of experience as an entrepreneur and cannabis operator and had co-founded the company alongside Rivers in 2015.
Under the separation agreement disclosed Friday, Pernell is set to receive a $15,000 severance payment, COBRA premium coverage for up to 18 months and accelerated vesting of certain annual equity awards. The agreement also includes a one-year restriction on selling, pledging or otherwise transferring Trulieve equity securities held by Pernell.
The update comes shortly after Trulieve completed a corporate restructuring tied to Harvest, a move connected to the company’s mixed-use operations in markets that include both medical and adult-use cannabis.