Business
Curaleaf Announces Termination of Equity Purchase Agreement with The Cannabist Company
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, announced the termination of its binding commitment to acquire The Cannabist Company's Virginia assets (the "Virginia Assets"). A competing bid valued the Virginia Assets at $130 million plus the assumption of a $30 million lease liability. After a rigorous due diligence process, the Company determined this amount exceeded the rational fair value for t
About this update from Cannabist Company Holdings Inc
[{"type":"text","content":"STAMFORD, Conn., Dec. 19, 2025 /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, announced the termination of its binding commitment to acquire The Cannabist Company's Virginia assets (the "Virginia Assets"). A competing bid valued the Virginia Assets at $130 million plus the assumption of a $30 million lease liability. After a rigorous due diligence process, the Company determined this amount exceeded the rational fair value for the assets. As noted in its release dated December 2, Curaleaf expects to receive a break fee of $3.3mm upon cancellation of its original binding commitment.","length":752,"tagName":"p"},{"type":"image","alt":"Curaleaf Holdings, Inc. Logo (PRNewsfoto/Curaleaf Holdings, Inc.)","displaySize":"","headline":null,"caption":"Curaleaf Holdings, Inc. Logo (PRNewsfoto/Curaleaf Holdings, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":153,"url":"https://media.zenfs.com/en/cnwgroup.com/2a374296622fa3cd87850e28410bae1c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VBw0USOVrEx1szvqYbwS_A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3MDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/2a374296622fa3cd87850e28410bae1c","width":400,"height":153}},"href":"https://mma.prnewswire.com/media/2379626/image124200_ID_1dd17c09c26d_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Curaleaf will continue to be opportunistic and disciplined in its acquisition strategy.","length":92,"tagName":"p"},{"type":"text","content":"About Curaleaf Holdings","length":23,"tagName":"p"},{"type":"text","content":"Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, Find, Anthem and The Hemp Company provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supp...