Trulieve repays about $65 million mortgage notes payable early
Trulieve repaid about $65 million in mortgage notes secured by a Florida cultivation site ahead of maturity. Outstanding debt fell to about $225 million, and management expects lower interest expense to lift profitability and cash flow.
1. Early debt repayment
Trulieve repaid about $65 million of mortgage notes payable secured by a Florida cultivation site ahead of maturity, reducing outstanding debt to about $225 million. Management expects reduced interest expense to lift profitability and cash flow.
