Curaleaf Holdings To Buy Grassroots In $875M Deal

Cannabis operator Curaleaf Holdings, Inc. (OTC: CURLF) (CSE:CURA) said Wednesday it has entered into an agreement to acquire multi-state operator Grassroots for $875 million in cash and stock.

The deal will position Curaleaf as the biggest cannabis company in the world by revenue. The company will increase its presence to from 12 to 19 states.

Grassroots is a private company known for its cannabis products and its retail brand Herbology. Its large-scale portfolio includes facilities …

Full story available on Benzinga.com

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