Curaleaf Holdings, Inc. is an American

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company publicly traded on the Canadian stock exchange. The company is headquartered in New York City. Founded in 2010, it produces and distributes cannabis products in North America, operating dispensaries in 19 states. The company is headquartered in New York City, and is the world's largest cannabis company by revenue.

History

Curaleaf was founded in 2010 under the name PalliaTech. It operated in

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and had a research center in

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. In 2013, the investment group Sputnik purchased a 35% stake in the company. The company name was changed to Curaleaf in 2018, just prior to going public on Toronto's Canadian Securities Exchange under the symbol CURA. It also raised $400 million in what was considered the largest stock offering in cannabis industry history. By 2020, Curaleaf grew to be the largest Cannabis company in the world. Curaleaf has made several acquisitions in the cannabis industry. It acquired the

cannabis oil Hash oil or cannabis oil is an oleoresin obtained by the extraction of cannabis or hashish. It is a cannabis concentrate containing many of its resins and terpenes – in particular, tetrahydrocannabinol (THC), cannabidiol (CBD), and other ca ...

brand Select in 2019, making it the largest cannabis operator in the United States. The following year it acquired Colorado based edibles maker BlueKudu, which is known for its infused chocolates and gummies. In 2020, Curaleaf became the world's largest cannabis company by revenue after the purchase of its

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-based competitor Grassroots Cannabis. The purchase also expanded the company into 23 states in the U.S. In April 2021, Curaleaf announced that it had completed its previously announced acquisition of EMMAC Life Sciences Limited ("EMMAC"), the largest vertically integrated independent cannabis company in Europe. The acquisition gives Curaleaf cultivation, EU GMP-certified processing, distribution, and R&D operations in several key European cannabis markets, including the United Kingdom, Germany, Italy, Spain and Portugal. In May 2021, Curaleaf announced it had signed a definitive agreement to acquire Los Sueños Farms, a 36-acre outdoor marijuana growing operation in Colorado, for over $60 million. In September 2021, an Oregon subsidiary of the company, Cura Cannabis, mistakenly distributed tinctures with THC that were mislabeled as containing only CBD. This led to a recall by The

Oregon Liquor and Cannabis Commission The Oregon Liquor and Cannabis Commission (OLCC), formerly known as the Oregon Liquor Control Commission, is a government agency of the U.S. state of Oregon. The OLCC was created by an act of the Oregon Legislative Assembly in 1933, days after ...

(OLCC). In April 2023, Curaleaf’s Chairman

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was named a winner of Global Cannabis Times 100 Most Influential People 2023 in the Business Category.

References

External links

* {{Official website, www.curaleaf.com Cannabis companies of Canada Cannabis companies of the United States American companies established in 2010 Publicly traded companies of the United States Companies listed on the Toronto Stock Exchange