Curaleaf Announces Expiration of HSR Waiting Period for Proposed Acquisition of Grassroots

WAKEFIELD, Mass., Feb. 13, 2020 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf”), a leading vertically integrated cannabis operator in the United States, today announced the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR”) has expired with respect to the acquisition of GR Companies, Inc. (“Grassroots”) by Curaleaf (the “transaction”).

The companies continue to work together to receive necessary regulatory and state approvals and expect the transaction to close in Spring of 2020.

“We are thrilled to reach this milestone as we progress towards the transformational acquisition of Grassroots,” said Joseph Lusardi, CEO of Curaleaf. “Upon closing, Curaleaf will gain a strong foothold across key states in the Midwest, increasing access for patients and customers to our industry leading brands. We will continue to focus on executing on our strategy, while enjoying the benefits of greater scale and brand recognition across both new and existing markets.”

About Curaleaf Holdings
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf”) is a leading vertically integrated multi-state cannabis operator with a dominant presence on both the East and West coasts of the United States, the largest cannabis market in the world. As a high-growth cannabis company known for quality, expertise and reliability, the

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