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Curaleaf Holdings, Inc. (CURLF) is a prominent international provider of consumer cannabis products, known for its mission to enhance lives by sharing and celebrating the power of the plant. It operates under various brands like Curaleaf, Select, Grassroots, JAMS, Find, and Zero Proof in the medical and adult-use markets. With operations in over 15 countries globally, Curaleaf focuses on quality, expertise, and accessibility in the cannabis industry.
Recently, Curaleaf announced a strategic acquisition of Northern Green Canada, a licensed Canadian cannabis producer with a focus on international market expansion. This move aligns with Curaleaf's vision of becoming a global cannabis company with a strong presence in North America, Europe, and Australasia. The acquisition of NGC provides Curaleaf with EU-GMP certification, enabling the company to strengthen its supply chain, improve margins, and extend its global footprint.
Under the leadership of Boris Jordan, Executive Chairman, and Matt Darin, CEO, Curaleaf continues to drive growth and innovation within the cannabis space. The company's commitment to delivering high-quality products and patient access remains a top priority in evolving markets and regulatory environments.
Curaleaf Holdings has launched its new product, Endless Coast Cannabis-Infused Seltzers, in Massachusetts, marking its entry into the cannabis beverage market. These low-calorie and low-sugar seltzers utilize advanced nanotechnology for quicker THC absorption, offering effects in 15-30 minutes. The product features four flavors with varying THC and CBD content. The cannabis beverage market has seen over a 20% growth recently, positioning Endless Coast favorably in this high-demand sector. This launch aligns with Curaleaf's vision to integrate cannabis into everyday consumer lifestyles.
Curaleaf Holdings, Inc. is expanding adult-use cannabis sales to its Edgewater Park location in New Jersey, effective May 25, 2022. This follows the April launch at their Bellmawr dispensary. The Edgewater Park store, located at 4237 US-130, becomes the 13th dispensary in the state for adult-use sales. Curaleaf continues to prioritize medical patients by offering exclusive shopping hours and designated areas. With New Jersey's cannabis market expected to grow significantly, Curaleaf aims to enhance its customer base while supporting existing medical program users.
Curaleaf Holdings (CSE: CURA / OTCQX: CURLF) has appointed Tyneeha Rivers as Chief People Officer, a new role aimed at enhancing strategic HR operations. This comes after the appointment of Matt Darin as CEO, who replaced Joe Bayern. Rivers brings over 20 years of experience from organizations including Merrill Lynch and the Philadelphia 76ers. The company aims to strengthen its corporate culture and improve employee engagement as it continues to grow in the cannabis sector, operating 133 dispensaries across 22 states.
Curaleaf Holdings has announced the opening of three new dispensaries in Florida, bringing its total to 50 locations in the state and 133 nationwide. The new outlets are located in Bradenton East, Tampa Midtown, and Orlando University. The company aims to capitalize on Florida's expected growth in cannabis demand, with a population over 21 projected to reach 16 million by 2025. Curaleaf's Florida market share has increased to 15%, and it has opened eight new dispensaries in the state in 2022, further solidifying its position in the cannabis industry.
Curaleaf Holdings, a leading cannabis provider, announced participation in several investor conferences in May 2022. Key events include the AGP Virtual Spring Consumer Cannabis Conference on May 3, featuring CEO Joe Bayern, and the Canaccord Genuity Cannabis Conference on May 11, where Executive Chairman Boris Jordan will engage in a discussion. Additionally, Bayern will participate in the Wolfe Research Virtual Consumer Conference on May 13. Curaleaf operates across 22 U.S. states with over 130 dispensaries and is a significant player in the European cannabis market.
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) launched Select CBD Bites, expanding its CBD product line. These bites, available in-store and online across the U.S., are infused with broad-spectrum hemp, aimed at supporting wellness without THC's psychoactive effects. Each bite contains 25mg of cannabinoids and is offered in three flavors: Select Snooze (Blackberry), Select Recover (Watermelon), and Select Chill (Mango). Curaleaf emphasizes its mission to provide accessible cannabis products to everyday consumers, enhancing their cannabis experience.
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) has expanded its retail presence by opening two new dispensaries in Florida, bringing its total to 47 locations in the state and 130 nationwide. The new dispensaries, located in Pembroke Park and Englewood, will enhance patient access to a range of cannabis products, including vaporizers and edibles. With Florida being a rapidly growing medical cannabis market, Curaleaf aims to increase its patient base and market share. The grand openings are scheduled for May 6 and May 13 with special promotions.
Curaleaf has launched BlueKudu infused chocolates across its 45 locations in Florida, marking its first expansion outside Colorado. The chocolates, made from high-quality ingredients, include three gluten-free options: Milk Chocolate (sativa), Dark Chocolate Mint (hybrid), and Milk Chocolate (indica), each containing a total of 100mg THC. The launch intends to cater to the growing medical cannabis market in Florida, following Curaleaf's recent product introductions. CEO Joe Bayern emphasizes the company's commitment to meeting diverse patient needs.
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) has released its first annual 2021 Social Impact Report, showcasing its Corporate Social Responsibility (CSR) initiatives. The report, part of the 'Rooted in Good' program launched in February 2021, highlights goals in Diversity, Equity, Inclusion, Social Equity, and Sustainability. Curaleaf aims to partner with 420 diverse suppliers by 2025 and has already engaged over 100. The company contributed over $2.4 million to community programs addressing cannabis-related offenses, exceeding its $1 million goal.
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