Trulieve closes $60M tranche of 10.5% senior secured notes due 2030, total $200M

Trulieve Cannabis Corp.

Issued additional $60M principal at 10.5% due Dec 17, 2030; price $1,000 + accrued interest of $12.37 per $1,000.
Total outstanding Notes now $200M after two tranches (Dec 17, 2025 + Jan 29, 2026).
Net proceeds to be used for capital expenditures and general corporate purposes.
Notes are senior secured, guaranteed by Trulieve US, and rank senior to unsecured debt.
Offering conducted on best-efforts basis via Canaccord Genuity as sole agent.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Trulieve Cannabis Corp. incurred senior notes of U.S. $60 million aggregate principal amount at 10.5% per annum maturing December 17, 2030.

Instrument: senior notes
Principal: U.S. $60 million aggregate principal amount
Rate: 10.5% per annum
Maturity: December 17, 2030
Event: incurrence

Exact text from the filing

On January 29, 2026, Trulieve Cannabis Corp. (the “Company”) issued an additional U.S. $60 million aggregate principal amount of its 10.5% senior secured notes due December 17, 2030 (the “Additional Notes”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Trulieve Cannabis Corp. entered into Indenture with Odyssey Trust Company valued at U.S. $60 million aggregate principal amount (effective 2026-01-29).

Action: entry
Agreement: notes offering
Counterparty: Odyssey Trust Company
Value: U.S. $60 million aggregate principal amount
Effective: 2026-01-29

Exact text from the filing

On January 29, 2026, Trulieve Cannabis Corp. (the “Company”) issued an additional U.S. $60 million aggregate principal amount of its 10.5% senior secured notes due December 17, 2030 (the “Additional Notes”).

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306 debt financings filed in the last 30 days. Browse all debt financings →

Trulieve Cannabis Corp. filing history →

Source: SEC EDGAR

accession 0001754195-26-000005

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