Curaleaf Completes Acquisition of Los Sueños

About this update from Curaleaf Holdings, Inc.

[{"type":"text","content":"\n \n \n \n Curaleaf Completes Acquisition of Los Sueños\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n Expands Colorado Outdoor Cultivation Capacity with 66 acres\n \n \n in 2\n \n nd\n \n Largest U.S. Cannabis Market\n \n \n \n \n Acquisition Completes Curaleaf's Vertical Integration and Bolsters State's Biomass Production\n \n \n \n \n WAKEFIELD, Mass.\n \n ,\n \n Oct. 4, 2021\n \n /PRNewswire/ --\n \n Curaleaf Holdings, Inc.\n \n (CSE: CURA / OTCQX: CURLF)\n \n (\"Curaleaf\" or the \"Company\")\n \n , a leading international provider of consumer products in cannabis, has successfully completed the previously announced acquisition of Los Sueños Farms and its related entities (\"Los Sueños\"), the largest outdoor grow in\n \n Colorado\n \n .\n \n \n \n Boris Jordan\n \n , Executive Chairman of Curaleaf, stated, \"We're very excited about the closing of the Los Sueños acquisition. The vertical integration of our business in\n \n Colorado\n \n significantly strengthens Curaleaf's market presence in the second largest state cannabis market in the U.S. This deal provides Curaleaf with a high-quality, efficient, and low-cost supply of biomass to support our wholesale and retail customers in\n \n Colorado\n \n and, once interstate commerce is allowed, on a regional scale. Overall, our newly expanded cultivation capacity will allow us to better serve\n \n Colorado's\n \n \n $2.2 billion\n \n annual cannabis market opportunity.\"\n \n \n Following the successful completion of the Los Sueños acquisition, Curaleaf gains three\n \n Pueblo, Colorado\n \n outdoor cannabis grow facilities covering 66 acres of cultivation capacity including land, equipment and licensed operating entities; an 1,800 plant indoor grow; and two retail cannabis dispensary locations serving adult use customers. As the largest cannabis biomass producer in the state, the Los Sueños facilities will help fuel the Company's Select brand's already market-leading presence in\n \n Colorado\n \n with a variety of best-in-class cannabis products...

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