#United States #Cannabis #Stamford #Curaleaf International #Curaleaf Holdings

Curaleaf Holdings Strengthens Its European Presence through Strategic Acquisition

Curaleaf Holdings, Inc., a major player in the international cannabis market and trading on the Toronto Stock Exchange (TSX: CURA, OTCQX: CURLF), has announced a significant strategic move by acquiring the equity stake held by a minority partner in Curaleaf International Holdings Limited. This acquisition, finalized on July 2, 2025, raises Curaleaf's ownership in its European operations to 100%. This decisive action not only showcases Curaleaf's commitment to its international ambitions but also solidifies its leadership position in the growing cannabis market across Europe.

Background of the Acquisition

The buyout stems from a previously established Put/Call Option agreed upon with the strategic investor during their initial investment in Curaleaf's European endeavors back in 2021. As part of the agreement, the investor opted to receive their share of the purchase entirely in Curaleaf Subordinate Voting Shares. This decision emphasizes their enduring confidence in Curaleaf's potential and future growth.

The Toronto Stock Exchange granted conditional approval for the issuance of these Subordinate Voting Shares on June 25, 2025, adhering to customary listing requirements. The completion of this transaction marks a pivotal moment for Curaleaf as it enhances the company's autonomy and operational efficiency in Europe.

Impacts on European Operations

Boris Jordan, Executive Chairman of Curaleaf Holdings, highlighted the importance of this consolidation in his statement. He emphasized that this move will streamline decision-making processes and allow Curaleaf to align its strategies more closely across different regions. This autonomy is expected to accelerate the company’s initiatives in European markets, allowing for a more cohesive approach.

The acquisition also reflects a significant commitment to long-term value creation for shareholders. It signifies an important milestone as Curaleaf continues to expand its presence in international markets. The firm expresses gratitude to its partners for their longstanding support and relative confidence in what the future holds for the business.

Curaleaf's Mission and Vision

Curaleaf Holdings is dedicated to providing consumers with a range of quality cannabis products and enhancing lives through the power of the plant. Known for its strong growth and reliability, the company has consistently delivered on its promise to offer excellence across various markets.

With a mission to enrich lives, Curaleaf focuses on merging pioneering practices in agriculture with innovative research and production techniques. Its brands, such as Curaleaf, Select, Grassroots, Find, Anthem, and The Hemp Company, have carved a niche in both medical and recreational cannabis sectors, ensuring accessibility and high standards for all customers.

Curaleaf International operates through a robust distribution network that extends across Europe, Canada, and Australasia. Their presence encompasses all stages of the cannabis supply chain, including cultivation, extraction, and production, underlining their commitment to operations driven by science and quality.

Future Outlook

As Curaleaf Holdings aims to bolster its European operations, the focus remains on delivering safe and legal cannabis through adherence to quality and regulatory practices. The comprehensive network established by Curaleaf International, which includes clinics, pharmacies, and EU-GMP certified processing facilities, positions the company favorably for continued growth in the evolving cannabis landscape.

Looking ahead, Curaleaf is poised to unlock new opportunities within the cannabis sector, further driving its mission to not only expand its market but also innovate within this dynamic industry. With the full buyout of Curaleaf International, the company is set to capitalize on its strengths, building upon its legacy of quality and reliability in consumer cannabis products.