[PRESS RELEASE] – TALLAHASSEE, Fla., Nov. 4, 2025 – Trulieve Cannabis Corp., a leading and top-performing cannabis company in the U.S., announced it has issued a notice of redemption for all of its outstanding 8% senior secured notes due 2026 (CUSIP: 89788CAD6 / ISIN: CA89788CAD61). The aggregate principal amount of the notes currently outstanding is US$368,000,000.
As set forth in the notice of redemption, the redemption date will be Dec. 5, 2025, and the redemption price is 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". In conjunction with the redemption, the notes will be delisted from the Canadian Securities Exchange.
On Nov. 4, 2025, a copy of the notice of redemption was issued to record holders. Payment of the redemption price and surrender of the notes for redemption will be as of Dec. 5, 2025, and will be made through the facilities of Odyssey Trust Co. in accordance with the applicable procedures of the trust indenture governing the notes.
This press release does not constitute a notice of redemption of the notes. The redemption of the notes will be made solely pursuant to the redemption notice. Holders should refer to the notice of redemption delivered to the holders of the notes, and this press release is qualified in its entirety by such notice. This press release is for information purposes only and is not an offer to purchase, a solicitation of an offer to sell the notes or any other securities of the company.
