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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 announced it will release its financial and operational results for Q1 2021 on May 10, 2021, after market close. A conference call is scheduled for the same evening at 5:00 p.m. ET, featuring remarks from management and a Q&A session. Curaleaf operates in 23 states with 105 dispensaries and is recognized as a leading cannabis producer. Interested participants can access a replay until May 17, 2021. For more details, visit their website.
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) announces the opening of two new retail locations in Horsham and Philadelphia, marking its 11th and 12th stores in Pennsylvania. This expansion brings Curaleaf's total to 104 locations nationwide across 23 states. The company recently rebranded nine Herbology dispensaries under the Curaleaf name. CEO Joe Bayern anticipates strong demand for cannabis products, highlighting Curaleaf's commitment to community engagement and patient care through various CSR initiatives, including discounts for veterans and first-time patients.
Curaleaf has successfully acquired EMMAC Life Sciences for approximately US$50 million in cash and 17.5 million shares. This makes Curaleaf the largest vertically integrated cannabis company in Europe, enhancing its presence across key markets including the UK, Germany, and Italy. Additionally, Curaleaf secured a US$130 million investment from a strategic investor for a 31.5% stake in its new entity, Curaleaf International, valuing it at US$413 million. This capital will fund the acquisition and support Curaleaf's expansion in Europe, aiming to significantly increase cultivation capacity.
Curaleaf Holdings announces the opening of its 10th retail store in Illinois, located in Westmont, marking a total of 103 locations nationwide. The company has rebranded nine acquired stores in Illinois, enhancing community connection through local designs. Curaleaf also invested $950,000 in social equity initiatives in the Chicago area, focusing on education and job training. The Grand Opening event on April 8 will feature discounts and community engagement. CEO Joe Bayern emphasizes building strong national brands and partnerships to positively impact communities.
Curaleaf, a leading cannabis company, launched Select Squeeze, a THC-infused beverage enhancer that uses nano-emulsification technology, on March 23, 2021. This product marks a significant milestone as it becomes available in 14 states for a total accessible audience of 94 million adults. With faster absorption rates than traditional edibles, Select Squeeze is designed for easy dosing and discreet use. The product will feature four flavors and will be part of a larger lineup in over 1,500 locations. Curaleaf continues to expand its presence nationwide, solidifying its status in the cannabis market.
Curaleaf announced the launch of its Select Fresh line of cannabis oils, featuring bold fruit flavors and a new .3 gram 'Go' cartridge. This innovative product will be available simultaneously in 10 states, expanding the brand's reach and commitment to consistency across the U.S. market. Select Fresh aims to cater to consumers seeking flavorful vaping experiences at an attractive price point, aligning with Curaleaf's strategy to enhance its product portfolio. The rollout in states like Arizona, Connecticut, and California supports Curaleaf's position as a leading cannabis provider.
Curaleaf Holdings has appointed Carlos Madrazo as the Senior Vice President of Investor Relations and Capital Markets, a newly created position, effective March 15, 2021. Madrazo, who brings over 20 years of international experience in investor relations and investment banking, will work with the Executive Leadership Team to enhance shareholder knowledge, corporate finance strategies, and communication. His appointment coincides with Curaleaf's expansion into the international cannabis market, particularly following the acquisition of EMMAC Life Sciences, the largest independent cannabis company in Europe.
Planet 13 Holdings (OTCQB: PLNHF) has partnered with Curaleaf's Select brand to launch a unique shop-in-shop at its Las Vegas SuperStore, which opened on March 15, 2021. This collaboration aims to highlight Select's extensive product line, providing an educational and sales platform for the brand's offerings, including Select Elite and Nano Gummies. As Select is recognized as America’s top cannabis oil brand, the partnership is expected to boost Planet 13's visibility and appeal in the cannabis market, especially among tourists visiting Las Vegas.
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) announced that CEO Joseph Bayern will participate in the Cannabis State of the Industry Panel at the Roth Capital Partners Virtual 33rd Annual Conference on March 16, 2021, at 2:00 pm ET. Investors can access the webcast through Curaleaf's investor relations website. Curaleaf is a leading cannabis consumer product provider in the U.S., operating 101 dispensaries, 23 cultivation sites, and employing over 3,800 team members across 23 states.