[PRESS RELEASE] – TALLAHASSEE, Fla., Oct. 7, 2026 – Trulieve Cannabis Corp., a leading and top-performing medical cannabis company in the U.S., announced the full repayment of approximately $65 million in mortgage notes payable secured by a cultivation site in Jefferson County, Fla., thereby reducing outstanding debt to approximately $225 million.
"We used our strong cash generation to repay this mortgage prior to its maturity date as part of our long-term strategy to bolster our financial position," Trulieve CEO Kim Rivers said. "Reducing balance sheet leverage lowers our annual interest expense, improving profitability and cash flow. Given the strength of our platform, we are well positioned to fund growth initiatives in the near term, including expansion in Georgia and Texas, pending regulatory approvals."
