CURLF stock soared Wednesday after Curaleaf Holdings said it is acquiring Cura Partners, owners of the Select brand. On the news, CURLF stock shot up more than 15%, currently up 16.55% as of 1:22 PM EDT.
Here’s what we know.
CURLF Stock Flying on Curaleaf Acquisition NewsOn Wednesday, May 1, Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) said it signed a definitive agreement to acquire Cura Partners’ state-regulated cannabis business. The acquisition is an all-stock transaction that has a value of $948.8 million USD, or $1.27 billion CAD. The acquisition includes Select’s (this is a Portland-based ...
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