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Trulieve Announces Closing of US$60 Million Private Placement of 10.5% Senior Secured Notes

Newswire.ca - Thu Jan 29, 7:20AM CST

TALLAHASSEE, Fla., Jan. 29, 2026 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced that, further to its December 17, 2025 news release, it has closed a second tranche of its previously announced private placement of 10.5% Senior Secured Notes due 2030 (the "Notes") in the principal amount of US$60.0 million (the "Offering"). Together with the first offering of Notes, which closed on December 17, 2025, Trulieve has issued Notes in the aggregate principal amount of US$200.0 million. The Notes were issued at a price of US$1,000 plus accrued but unpaid interest from December 17, 2025 to January 29, 2026 in the amount of US$12.37 per US$1,000 principal of Notes, and have the same terms as those issued on December 17, 2025.

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