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CuraLeaf Holdings (CSE:CURA) New Listing

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Through its team of physicians, pharmacists, medical experts and industry visionaries, the company has developed the Curaleaf brand, a premium mainstream cannabis brand available in multiple states and product formats through its network of branded retail dispensaries.

Additional Information:

Company: CuraLeaf Holdings
Website: http://www.curaleaf.com
Stock Symbol: CSE: CURA
Date Published: Oct 29, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

CuraLeaf Holdings is one of the latest new listing on the Canadian Securities Exchange, trading under the symbol “CURA”, following a reverse take over of Lead Ventures Inc.

The company, the parent of Curaleaf, Inc., is a leading vertically integrated cannabis operator in the United States.

Curaleaf operates in 12 U.S. states, comprising 28 dispensaries, 12 cultivation facilities and 9 processing sites.

Through its team of physicians, pharmacists, medical experts and industry visionaries, the company has developed the Curaleaf brand, a premium mainstream cannabis brand available in multiple states and product formats through its network of branded retail dispensaries.

Joseph Lusardi, CEO, stated: “Listing on the Canadian Securities Exchange is a critical step in our growth trajectory. We are excited to make our mark within cannabis financing history through the overwhelming support of over 100 institutions internationally. We remain committed to growing our business through aggressive organic growth and the strategic deployment of capital into accretive acquisitions that extend our brand into the most attractive U.S. markets.”

Curaleaf raised approximately $520 million through the issuance of 45.4 million shares priced at $11.45, in an oversubscribed private placement offering led by GMP Securities L.P. and Canaccord Genuity Corp., making it the largest cannabis equity financing completed to date.

The syndicate also included Cormark Securities Inc., Eight Capital and Haywood Securities Inc.

The shares are currently trading at $8.60.

For more information, please visit the company’s website www.curaleaf.com, contact Christine Rigby, Senior Vice-President Investor Relations, at 781-451-0145 or email info@curtaleaf.com.

Investor Relations is handled by Valter Pinto, Managing Director of KCSA Strategic Communications, who can be reached at 212-896-1260 or email IR@curaleaf.com.

I’m Samantha Deutscher for Investmentpitch Media