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Trulieve Announces Closing of US$60 Million Private Placement of 10.5% Senior Secured Notes
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 N
About this update from Trulieve Cannabis Corp.
[{"type":"text","content":"TALLAHASSEE, Fla., Jan. 29, 2026 /PRNewswire/ -- 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.","length":910,"tagName":"p"},{"type":"image","alt":"Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.)","displaySize":"","headline":null,"caption":"Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":257,"url":"https://media.zenfs.com/en/cnwgroup.com/7d6a1aaddff80bfd774237fb96448085"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zx60UivjgPJ7cg0NcfCImQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ1MztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/7d6a1aaddff80bfd774237fb96448085","width":400,"height":257}},"href":"https://mma.prnewswire.com/media/1720011/Trulieve_LogoV1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Offering was conducted on a "best-efforts" basis pursuant to the terms of an agency agreement, between the Company and Canaccord Genuity Corp., as sole agent and sole bookrunner. The Company will make the required filings to list the Notes on the Canadian Securities Exchange (the "CSE") following the expiry of the four-month Canadian statutory hold period.","length":382,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds of the Offering for capital expenditures and other general corporate purposes.","length":122,"tagName":"p"},{"type":"text","content":"The offering and sale of the Notes have not been and will not be registered under the Securities Act of 1933, a...