Curaleaf, a leading marijuana business in the U.S. with a footprint that covers 12 states and comprises of 28 dispensaries, 12 growing centers and 9 processing sites, announced that as of Oct 29 they will start trading on the Canadian Securities Exchange under the ticker sign CURA.
” Noting on the Canadian Securities Exchange is a crucial step in our growth trajectory,” the CEO of Curaleaf specified.” We are excited to make our mark within marijuana funding history through the frustrating support of over 100 institutions internationally. We remain dedicated to growing our business through aggressive organic development and the tactical deployment of capital into accretive acquisitions that extend our brand into the most attractive U.S. markets.”
The company operates in Arizona, Connecticut, Florida, Maine, Maryland,< a href=" https://mamarijuana.com/dispensaries/" target=" _ blank” rel=” noopener” > Massachusetts, Nevada, New Jersey, New york city and Oregon, with licensing pending in California and Pennsylvania.
In connection with the listing, Curaleaf raised around C$ 520 million (US$ 400 million) in an oversubscribed personal placement offering. This offering marks the largest cannabis equity financing finished to date.
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