Trulieve Cannabis Corp. announced today that it has closed the second tranche of a previously announced private placement of 10.5% senior secured notes due in 2030, raising an additional $60 million and bringing the total financing from the offering to $200 million. The terms match those of the first tranche, which closed on December 17 and accounted for $140 million of the total offering. Trulieve said it will file to have the notes listed on the Canadian Securities Exchange once the four-month statutory hold period required under Canadian law expires. Trulieve stated that the net proceeds from the financing will be used for capital expenditures and general corporate purposes. The company continues to focus on expanding retail and distribution operations across both established and emerging markets through its hub-based strategy.