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Curaleaf Continues to Combat Food Insecurity With 4th Annual 'Feed the Block' Fundraiser

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Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) has launched its fourth annual 'Feed the Block' fundraiser to combat food insecurity. From August 1-31, 2024, customers can round up purchases at Curaleaf dispensaries to support local food organizations. The initiative, part of Curaleaf's 'Rooted in Good' Corporate Social Responsibility platform, has raised over $450,000 since 2020.

Curaleaf will match 25% of total donations during August. The program addresses rising food insecurity, with nearly one in ten Americans experiencing food shortages. Globally, 282 million people faced acute hunger in 2023, a 9.3% increase from the previous year. Feed the Block operates in 13 states, supporting local food banks during the critical summer months when school meal programs are unavailable.

Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ha lanciato la sua quarta edizione annuale della raccolta fondi 'Feed the Block' per combattere l'insicurezza alimentare. Dal 1 al 31 agosto 2024, i clienti possono arrotondare i propri acquisti nei dispensari Curaleaf per sostenere organizzazioni alimentari locali. L'iniziativa, parte della piattaforma di Responsabilità Sociale d'Impresa 'Rooted in Good' di Curaleaf, ha raccolto oltre $450,000 dal 2020.

Curaleaf contribuirà con il 25% delle donazioni totali durante il mese di agosto. Il programma affronta l'aumento dell'insicurezza alimentare, con quasi uno su dieci americani che vive carenze alimentari. A livello globale, 282 milioni di persone hanno affrontato fame acuta nel 2023, un aumento del 9,3% rispetto all'anno precedente. Feed the Block opera in 13 stati, supportando le banche alimentari locali durante i mesi estivi critici, quando i programmi di pasti scolastici non sono disponibili.

Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ha lanzado su cuarta recaudación anual 'Feed the Block' para combatir la inseguridad alimentaria. Del 1 al 31 de agosto de 2024, los clientes pueden redondear sus compras en los dispensarios de Curaleaf para apoyar a las organizaciones alimentarias locales. La iniciativa, parte de la plataforma de Responsabilidad Social Corporativa 'Rooted in Good' de Curaleaf, ha recaudado más de $450,000 desde 2020.

Curaleaf igualará el 25% de las donaciones totales durante agosto. El programa aborda el aumento de la inseguridad alimentaria, con casi uno de cada diez estadounidenses sufriendo escasez de alimentos. A nivel global, 282 millones de personas enfrentaron hambre aguda en 2023, un aumento del 9.3% con respecto al año anterior. Feed the Block opera en 13 estados, apoyando a los bancos de alimentos locales durante los meses críticos de verano cuando los programas de comidas escolares no están disponibles.

큐레리프 홀딩스, 인크. (TSX: CURA) (OTCQX: CURLF)는 식량 불안 퇴치를 위한 네 번째 연례 기부 모금 행사 'Feed the Block'을 시작했습니다. 2024년 8월 1일부터 31일까지 고객들은 큐레리프 분배점에서 구매 금액을 반올림하여 지역 식품 단체를 지원할 수 있습니다. 이 이니셔티브는 큐레리프의 'Rooted in Good' 기업 사회적 책임 플랫폼의 일환으로, 2020년부터 $450,000 이상을 모집했습니다.

큐레리프는 8월 동안 총 기부금의 25%를 매칭할 것입니다. 이 프로그램은 증가하는 식량 불안 문제를 다루며, 거의 10명 중 1명의 미국인이 식량 부족을 경험하고 있습니다. 전 세계적으로 2023년에 2억 8200만 명이 심각한 기아에 직면했으며, 이는 지난해보다 9.3% 증가한 수치입니다. Feed the Block은 13개 주에서 운영되며, 여름철 학교 급식 프로그램이 비활성화될 때 지역 식품 은행을 지원합니다.

Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) a lancé sa quatrième collecte de fonds annuelle 'Feed the Block' pour lutter contre l'insécurité alimentaire. Du 1er au 31 août 2024, les clients peuvent arrondir leurs achats dans les dispensaires Curaleaf pour soutenir les organisations alimentaires locales. L'initiative, qui fait partie de la plateforme de Responsabilité Sociale des Entreprises 'Rooted in Good' de Curaleaf, a levé plus de $450,000 depuis 2020.

Curaleaf s'engage à égaler 25% des dons totaux durant le mois d'août. Le programme vise à faire face à la hausse de l'insécurité alimentaire, avec près de un Américain sur dix souffrant de pénuries alimentaires. À l'échelle mondiale, 282 millions de personnes ont été confrontées à la faim aiguë en 2023, soit une augmentation de 9,3% par rapport à l'année précédente. Feed the Block opère dans 13 États, soutenant les banques alimentaires locales pendant les mois d'été critiques, lorsque les programmes de repas scolaires ne sont pas disponibles.

Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) hat seine vierte jährliche Wohltätigkeitsaktion 'Feed the Block' zur Bekämpfung der Lebensmittelunsicherheit gestartet. Vom 1. bis 31. August 2024 können Kunden ihre Einkäufe in den Curaleaf-Apotheken aufrunden, um lokale Lebensmittelorganisationen zu unterstützen. Die Initiative, Teil der Corporate Social Responsibility-Plattform 'Rooted in Good' von Curaleaf, hat seit 2020 über $450,000 gesammelt.

Curaleaf wird 25% der Gesamtdonationen im August beisteuern. Das Programm befasst sich mit der steigenden Lebensmittelunsicherheit, betroffen sind nahezu einer von zehn Amerikanern, die unter Nahrungsmangel leiden. Weltweit standen 2023 282 Millionen Menschen vor akuter Hungersnot, was einem Anstieg von 9,3% im Vergleich zum Vorjahr entspricht. Feed the Block ist in 13 Bundesstaaten tätig und unterstützt lokale Lebensmittelbanken in den kritischen Sommermonaten, in denen die Schulmittagessen nicht verfügbar sind.

Positive
  • Curaleaf's 'Feed the Block' initiative has raised over $450,000 since 2020 to combat food insecurity
  • The company will match 25% of total donations during August 2024
  • The program operates in 13 states, expanding Curaleaf's community impact
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  • None.

A program of the Company's 'Rooted in Good' Corporate Social Responsibility platform, Feed the Block has raised over $450,000 to provide resources for local organizations nationwide

STAMFORD, Conn., Aug. 1, 2024 /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf'' or the "Company"), a leading international provider of consumer cannabis products, today announced the launch of its fourth annual multi-state fundraising initiative, Feed the Block. From August 1 until August 31, Feed the Block invites members of the Curaleaf community to join the fight against food insecurity by participating in the Company's fundraiser to support locally run organizations, working to provide resources for those in need.

Launched in 2020, Feed the Block is an annual fundraising event allowing medical patients and adult-use consumers to round up dispensary purchases to the nearest dollar at their local Curaleaf retail location. To date, the combined efforts of Curaleaf and its cannabis community have generated over $450,000 in donations to local organizations that directly support the communities Curaleaf operates in. One hundred percent of patient donations will go toward organizations helping the hungry, and Curaleaf will match 25% of the total donations to the program during the month of August.

"It is a privilege to stand alongside our incredible, mission-driven nonprofit partners as we renew our commitment to supporting the communities we serve," said Matt Darin, CEO of Curaleaf. "The contributions from our valued medical patients and adult-use consumers is an integral component of our ability to support local food programs that bring hunger relief to affected communities in our local areas. We're proud to continue this program for the fourth year, and are happy to match donations by 25 percent."

Feed the Block addresses one of the most pressing societal issues — food insecurity. Nearly one in ten Americans live in households where there was either sometimes or often not enough food to eat over the past week. Globally, almost 282 million people in 59 countries and territories experienced high levels of acute hunger in 2023, a 9.3% increase from the previous year. As food costs rise, the United Nations projects nearly 600 million people could face food insecurity by 2030, highlighting the immense challenge ahead. The program is focused on raising funds in August because many low-income families rely on food banks throughout the summer as they aren't able to access free meals from local schools. This makes August an important month to support food banks as they have been depleted during the summer.

"We are deeply touched by Curaleaf's commitment to our community," stated Judith Cruz, President & CEO of Treasure Coast Food Bank, Curaleaf's Florida partner for Feed the Block for the fourth year. "The company's support through Feed the Block has enabled us to provide 709,267 meals over the past two years, making a tangible impact in helping to nourish countless lives across Florida. Please join us in thanking Feed the Block!"

Feed the Block is a facet of Curaleaf's Rooted in Good platform, a corporate social responsibility endeavor designed to positively impact the communities it serves through social equity, sustainability, strategic partnerships, and diversity, equity, and inclusion efforts. Currently, Rooted in Good develops programming focused on mitigating the collateral consequences of the war on drugs through five main national causes: social justice, wellness, health, medical cannabis education, and food insecurity. From the 420x25 supplier diversity initiative to launching its nationally recognized social equity-focused brand with partner B NOBLE, Curaleaf has remained committed to running an impactful business rooted in community. To learn more about Rooted in Good and Curaleaf's corporate social responsibility initiatives, please visit https://curaleaf.com/rooted-in-good.

Patients and customers can support Feed the Block at Curaleaf stores in 13 states this August, by rounding up each purchase at-register to benefit respective local organizations. Learn more about each state's beneficiaries online here: https://curaleaf.com/blog/feed-the-block-2024.

About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, JAMS, Find, Zero Proof and The Hemp Company provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is the largest vertically integrated cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.

Forward Looking Statements:
This media advisory contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the Feed the Block fundraising initiative. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed on March 6, 2024, which is available under the Company's SEDAR profile at http://www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. The Toronto Stock Exchange has not reviewed, approved or disapproved the content of this news release.

Contacts:

Investor Contact:
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment Officer
IR@curaleaf.com

Media Contact:
Curaleaf Holdings, Inc.
Jordon Rahmil, VP of Public Relations
media@curaleaf.com

Cision View original content:https://www.prnewswire.com/news-releases/curaleaf-continues-to-combat-food-insecurity-with-4th-annual-feed-the-block-fundraiser-302212158.html

SOURCE Curaleaf Holdings, Inc.

FAQ

What is Curaleaf's 'Feed the Block' fundraiser and when does it take place in 2024?

Curaleaf's 'Feed the Block' is an annual fundraiser to combat food insecurity. In 2024, it runs from August 1 to August 31, allowing customers to round up purchases at Curaleaf dispensaries to support local food organizations.

How much has Curaleaf's 'Feed the Block' initiative raised since its inception?

Since its launch in 2020, Curaleaf's 'Feed the Block' initiative has raised over $450,000 in donations to support local organizations fighting food insecurity.

What percentage of donations will Curaleaf match for the 'Feed the Block' program in 2024?

Curaleaf will match 25% of the total donations made to the 'Feed the Block' program during the month of August 2024.

In how many states is Curaleaf's 'Feed the Block' program active in 2024?

Curaleaf's 'Feed the Block' program is active in 13 states for the 2024 fundraiser, allowing patients and customers to support local food organizations by rounding up their purchases at Curaleaf stores.

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