Curaleaf Holdings Inc OTCMKTS: CURLF achiving new milestones


Curaleaf Holdings Inc OTCMKTS: CURLF (“Curaleaf”) is the leading vertically integrated multi-state cannabis operator in the United States. It is a high-growth cannabis company with a national brand known for quality, trust and reliability. The company is positioned in highly populated, limited license states, and currently operates in 12 states with 43 dispensaries, 13 cultivation sites and 11 processing sites. Curaleaf has the executive expertise and research and development capabilities to provide leading service, selection, and accessibility across the medical and adult-use markets, as well as the CBD category through its Curaleaf Hemp brand.
Curaleaf Holdings Inc OTCMKTS: CURLF on April 1, 2019 make a press release stating that it completed the acquisition of EC Investment Partners, LLC (“Eureka”).

“The acquisition of Eureka cements our foundation in California and positions us well in the largest cannabis consumption market in the U.S.,” said Joseph Lusardi, CEO of Curaleaf. “The closing of this transaction marks an important milestone for Curaleaf, enabling us to enter the highly attractive California market as a vertically integrated operator with plans to expand across the state.”

Curaleaf has the largest footprint of single-branded retail stores in the U.S. and is executing on its strategy of building a national brand in highly populated states. Curaleaf will continue to explore opportunities to open additional locations throughout the state of California in 2019.

Curaleaf Holdings Inc OTCMKTS: CURLF and Veterans Cannabis Launch National Initiative to Support Efforts to Increase Veterans’ Access to Medical Cannabis. As part of the initiative, the artwork of veteran artists will also be featured at Curaleaf and participating partner dispensaries. The first featured artist is VCP’s Doug Distaso, a military veteran who served more than 21 years in the U.S. Air Force as a special operations pilot. Distaso suffered from chronic pain and PTSD as a result of a plane accident during his tour. After experiencing the medical benefits of cannabis first-hand, he began working to increase access to safe medical cannabis for veterans, while also helping veterans through art therapy.

A custom designed “Veterans Cannabis Project” pre-roll product will be available for purchase at dispensaries in the 33 states where medical cannabis is legal. A portion of all proceeds will be donated to the Veterans Cannabis Project. The product will first be available at Maryland dispensaries with a national roll-out following in the coming months. Each box includes five pre-rolls, totaling two grams; prices will vary by state. Images can be downloaded here.

“We have seen first-hand the powerful and positive impact that medical cannabis can have on people’s lives,” said Joseph Lusardi, CEO of Curaleaf. “Through our initiative with the Veterans Cannabis Project, we hope to bring additional visibility to the important issue of access to cannabis and help the many veterans dealing with a host of ailments such as PTSD, chronic pain, opioid dependency and other conditions gain better access to quality medical cannabis.”

“Despite the life-changing potential medical cannabis holds for millions of veterans facing debilitating conditions, federal law makes it illegal for Veteran Health Administration physicians to recommend cannabis as a treatment option, and that’s something we urgently need to change,” said Doug Distaso, VCP’s Executive Director. “We’re excited to partner with Curaleaf – one of the most accessible cannabis brands in the U.S. known for its trusted, quality products – as we work to help veterans gain legal access and promote medical cannabis research.”
The first “Veterans Cannabis Project” pre-roll product was sold this morning at Curaleaf’s Reisterstown, Maryland dispensary at a celebration event.

Curaleaf Holdings Inc OTCMKTS: CURLF on March 21, 2019 announced the grand opening of its Gainesville dispensary as the company continues to expand rapidly throughout the state. Curaleaf has the largest cannabis dispensary footprint in the US.
Over 1,100 square feet, the Gainesville dispensary includes 2 private consultation rooms for patients and a community meeting room. The company will launch a series of monthly educational events this April for local patients, physicians and community members.

Located at 2300 SW 34 Street, Curaleaf Gainesville will celebrate its grand opening on Thursday, March 21 from 3pm until 7pm. Dispensary operating hours are Monday through Friday, 10am ­­– 7pm; Saturday, 10am – 5pm; and Sunday, Noon – 5pm. The State of Florida’s Office of Medical Marijuana Use Registry requires an order from a qualified Florida ordering physician and a State of Florida medical marijuana card to obtain medical marijuana products.