TALLAHASSEE, Fla., Nov. 4, 2025 — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, announced that it has issued a notice of redemption for all of its outstanding 8.0% senior secured notes due 2026. The total principal amount of the Notes currently outstanding is approximately US$368 million. According to Trulieve, the redemption date will be December 5, 2025, at a price equal to 100% of the principal redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date.
The Notes trade on the Canadian Securities Exchange under the symbol “TRUL.NT.U.” Following the redemption, Trulieve confirmed that the Notes will be delisted from the Canadian Securities Exchange. On November 4, 2025, the company issued a copy of the notice of redemption to record holders, with payment and surrender to occur through Odyssey Trust Company in accordance with the terms of the governing trust indenture.
Trulieve emphasized that this press release does not itself constitute a formal notice of redemption, and that holders should refer to the official redemption notice for complete details. The announcement is intended for informational purposes only and does not represent an offer to buy or sell any securities of Trulieve.
Trulieve advises investors to consult its Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent SEC and SEDAR+ filings for detailed risk disclosures.
According to Trulieve, these forward-looking statements are based on management’s current assumptions, and the company undertakes no obligation to revise or update them unless required by law. The company continues to monitor market trends and adjust its financial strategies accordingly.
About Trulieve
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
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Investor Contact
Christine Hersey, Vice President of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com
Media Contact
Phil Buck, APR, Corporate Communications Manager
+1 (406) 370-6226
Philip.Buck@Trulieve.com
SOURCE Trulieve Cannabis Corp.