Trulieve Calls Back $368M Notes, 8% Due 2026

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.

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