Curaleaf Holdings, Inc.’s Acquisition of Select

Loeb & Loeb represented Curaleaf Holdings in the acquisition.

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading vertically integrated cannabis operator in the United States, today announced that it closed the transformational acquisition of Select on February 1. With the completion of the acquisition, Curaleaf solidifies its stance as the largest cannabis operator in the U.S. in terms of operational and wholesale footprint, including 53 open dispensaries, and positions the Company well for its next phase of growth.

Curaleaf’s acquisition of Cura Partners, Inc. (“Cura”), owners of the Select brand, includes Select’s manufacturing, distribution, marketing and sales operations marketed under the Select brand name, including all intellectual property.

With the closing, visionary entrepreneur Cameron Forni assumes the role of President of Select and will focus on driving growth of the Select brand through expansion into new markets. Renowned brand marketer Jason White joins Curaleaf from Select in the newly created role of Chief Marketing Officer, where he will drive the Company’s overall marketing and brand strategy. Curaleaf Chief Financial Officer Neil Davidson has been elevated to Chief Operating Officer effective immediately. Mr. Davidson will be responsible for managing the Company’s cultivation, processing and manufacturing capabilities with a focus on driving growth and operational efficiencies across the entire organization. Former Chief Operating Officer Stuart Wilcox will transition to a new role, leading business expansion efforts in emerging markets.

The Loeb & Loeb deal team was led by Barry Mehlman (Picture) and Nancy Jacobson. It also included Alan Tarr and David Levine.

Involved fees earner: Nancy Jacobson – Loeb & Loeb Llp; David Levine – Loeb & Loeb Llp; Barry Mehlman – Loeb & Loeb Llp; Alan Tarr – Loeb & Loeb Llp;

Law Firms: Loeb & Loeb Llp;

Clients: Curaleaf Holdings, Inc;

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Author: Ambrogio Visconti