Trulieve plans medical cannabis dispensaries in Texas

Trulieve plans medical cannabis dispensaries in Texas

Trulieve has filed renovation plans for three medical cannabis dispensaries in Texas, targeting Austin, Dallas and San Antonio as it advances through the state’s licensing process. The company, based in Florida, reported conditional approval last December for a Texas Dispensing Organization license and has begun preparing storefronts while regulators complete their review.

Filings with the Texas Department of Licensing and Regulation list specific build-out budgets and timelines. In Austin, Trulieve proposes a $250,000 renovation of a 4,060-square-foot space. In Dallas it lists a $200,000 build-out for a 1,324-square-foot site; that project began June 22 and is scheduled to finish Sept. 4. In San Antonio the company plans a $200,000 renovation of a 2,753-square-foot location, with work for Austin and San Antonio set to start July 20 and conclude Sept. 11. The filings are preliminary and subject to change.

Trulieve already operates more than 250 dispensaries across the U.S. Its first-quarter results show net income of $2.3 million on revenue of $287 million, figures the company disclosed in recent reports. Trulieve also has proposed reincorporating in Delaware from British Columbia to better align corporate structure with its U.S. operations.

In its December announcement, CEO Kim Rivers said the company was “selected for a coveted Texas Dispensing Organization license” and that, pending approvals, it planned to “provide patients compassionate care and expanded access to high quality medical cannabis products.” The company did not respond to a recent request for comment on the renovation filings.

Regulatory context: Texas created the Compassionate Use Program in 2015 to allow low-THC cannabis for patients with intractable epilepsy. The legislature has expanded qualifying conditions over time to include multiple sclerosis, autism, post-traumatic stress disorder, cancer and chronic pain. Recreational marijuana remains illegal in Texas.

As of this month, the Texas Department of Public Safety lists three active dispensary organizations. House Bill 46, passed in 2025, authorizes the state to issue 12 additional Dispensing Organization licenses; Trulieve reported receiving conditional approval for one of those awards. The DPS and the Department of Licensing and Regulation will complete inspections and final approvals before any dispensary can open and dispense medicine.

Practical implications: If Trulieve completes the licensing process and finishes its renovations on schedule, the company would add three physical points of sale to a market that currently has very limited retail access. The listed build-out budgets total $650,000 across the three stores, and combined square footage totals 8,137 square feet. Those figures offer a concrete view of the company’s near-term capital deployment in Texas retail real estate.

Market signals: Trulieve’s expansion plans come while the company reports modest profitability and steady revenue. The proposed move to reincorporate in Delaware signals a strategic alignment with U.S. regulatory and corporate frameworks; such changes can affect tax planning, governance and investor relations. For patients and advocacy groups, the addition of new dispensaries could reduce travel distance to obtain medical products and increase product availability in the listed cities, but any change depends on final state approvals and local permitting.

Next steps and timeline: State-level inspections and final licensing decisions will determine whether the planned stores open this fall as scheduled. The Dallas renovation is the furthest along, with work already under way; Austin and San Antonio projects are set to start in late July. The Department of Licensing and Regulation filings include projected completion dates but note that timelines may shift.

Texas’ medical cannabis market remains limited compared with several other states. Policymakers in Austin and advocates are watching how the 12 new licenses authorized under HB 46 are allocated and how quickly companies complete build-outs and secure approvals. Trulieve’s filed budgets, square footage and start/finish dates provide measurable markers to track that progress.

For now, the filings show concrete investment plans and a defined schedule, but opening any dispensary in Texas still requires final approvals from multiple state agencies and compliance with local rules. Reporters and stakeholders will monitor licensing updates and any additional filings to confirm when Trulieve’s Texas locations move from renovation to retail operations.

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