Trulieve

Canaccord Genuity Acts as Sole Bookrunner and Sole Lead Agent to Trulieve on its US$75 Million Debt Financing

Canaccord Genuity is pleased to announce that on January 28, 2022, Trulieve Cannabis Corp. ("Trulieve" or the "Company") (CSE: TRUL) (OTC: TCNNF) closed its issuance of senior secured notes. In aggregate, the private placement consisted of US$75 million of notes, each note being comprised of US$1,000 aggregate principal amount of 8.00% senior secured notes payable semi-annually, due in 2026.

Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, 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.

Canaccord Genuity acted as sole bookrunner and sole lead agent to Trulieve. The Canaccord Genuity team included Steve Winokur and Genevieve Eccleston from Investment Banking and Angus Rogers, Bill Chrumka, Mark Hoogeveen and Justin Ulster from Fixed Income.