Curaleaf agrees to buy Cura Partners for CA$1.27 billion in all-stock deal

Hemp Industry Daily
By Jenel Stelton-HoltmeierMay 1, 2019, 1:37 pm193 pts
Massachusetts-based Curaleaf, a vertically integrated marijuana and hemp company, agreed to acquire Portland, Oregon-based Cura Partners in an all-stock deal worth 1.27 billion Canadian dollars ($949 million). Curaleaf will issue 95.6 million subordinated voting shares, giving Cura a roughly 16% stake in the…

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