PRESS RELEASE Deal Strengthens Curaleaf’s Balance Sheet and Liquidity WAKEFIELD, Mass., Jan. 15, 2020 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced the upsizing and closing of a Senior Secured Term Loan Facility (the “Facility”) from a syndicate of lenders totaling US$300 […]
Curaleaf Holdings Inc
Marijuana Giant Curaleaf Snags Syndicated Loan in Rare Feat
Marijuana company Curaleaf Holdings Inc. has secured $275 million in financing, one of the first syndicated deals for the cannabis industry. The senior secured term loan comes as traditional banks have steered clear of pot-linked debt amid regulatory concerns. Curaleaf’s deal, mostly provided by a slate of U.S. institutional buyers including hedge funds and loan-only […]
Curaleaf Appoints Tracy Brady Vice President, Corporate Communications at Curaleaf Holdings, Inc.
PRESS RELEASE WAKEFIELD, Mass., Dec. 16, 2019 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading vertically integrated cannabis operator in the United States, today announced that Tracy Brady will become Vice President, Corporate Communications at Curaleaf Holdings, Inc., effective immediately. Tracy brings over 20 years of experience executing […]
Proceed with Caution: Marketing Claims for Cannabis and CBD Products
The CBD market is exploding, prompting companies to use bold and creative marketing moves to differentiate themselves in the sea of products beginning to flood the market. But what happens when a company’s eagerness to convey the supposed revolutionary effectiveness of its CBD products leads it to make cure-all, but scientifically unsubstantiated, claims? Curaleaf, a […]
These are the biggest threats to the cannabis industry, according to top CEOs in the space
The nascent marijuana industry has made significant strides over the past several years. Illinois is poised to become the 11th state to allow recreational cannabis sales, after lawmakers last week voted to pass legislation considered to represent the most progressive adult–use bill in the country. The passage of the Farm Bill late last year legalized hemp and declassified it […]
Beyond Massachusetts, states struggle to limit marijuana behemoths
Massachusetts is not the only state struggling to limit the dominance of large marijuana companies. Maryland bars companies from owning more than one store, but several companies have publicly said they have multiple outlets there. In what seems like an open defiance of the spirit of rules designed to level the playing field among competitors, […]
U.S. cannabis firm Curaleaf falls in trading debut following biggest-ever reverse takeover on CSE
Curaleaf opened at $8.70 on the Canadian Securities Exchange (CSE), compared with the offer price of $11.45 TORONTO — U.S. cannabis retailer Curaleaf Holdings Inc opened lower in its trading debut in Toronto on Monday after amassing US$400 million in the biggest equity raising in Canada’s marijuana industry. Curaleaf opened at $8.70 on the Canadian […]
