Trulieve redeems $368 million in senior secured notes

Trulieve Cannabis Corp. (CSE: TRUL, OTCQX: TCNNF) completed the redemption of all $368 million in outstanding 8.0% senior secured notes due 2026, the company announced.

The cannabis company used approximately $373 million in cash for the redemption, which included the principal amount plus accrued and unpaid interest through the redemption date of December 5, 2025. The notes ceased trading on the Canadian Securities Exchange under the symbol "TRUL.NT.U" and were delisted as of December 5, 2025.

The notes carried the CUSIP identifier 89788CAD6 and ISIN CA89788CAD61. Odyssey Trust Company provided additional information regarding the redemption process.

Trulieve operates as a vertically integrated cannabis company across multiple U.S. states, with market positions in Arizona, Florida, and Pennsylvania. The company trades on the CSE under TRUL and on the OTCQX market under TCNNF.

The information was disclosed in a company press release statement.

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