Curaleaf Begins Adult Use Wholesale Operations in New York

 

The Company’s Select and Grassroots Brands Are Now Available at Legal Adult Use Dispensaries in the Empire State

 

NEW YORK, Dec. 12, 2023 — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer cannabis products, today announced that it has commenced sales of wholesale adult use products across the state of New York as a result of receiving approval from the New York State Office of Cannabis Management (“OCM”) on Friday, December 8.

 

As of December 12, Curaleaf will offer five premium vape, edible and flower offerings from its Select and Grassroots brand portfolios, including Select Briq Essentials, Select X Bites, Select Nano Bites and Grassroots premium flower. The Company’s wholesale partners include MJ Dispensary, a CAURD licensee which will include Curaleaf products as a part of its Grand Opening event at 4:20 pm ET today, December 12 at 900 Jefferson Rd Suite 902. Rochester, NY. Future products will be produced using local New York-grown flower, including distillate from New York based hemp farm Open Mind Organics (OMO). Led by David Falkowski, a third generation farmer who became one of the first licensed hemp farmers in the state, this year OMO solidified its position as one of the leading adult use cultivators and processors for cannabis in New York.

 

“Curaleaf has served New York’s medical market with high quality cannabis products and service since 2017, and we are eager to provide that same level of care for the state’s adult use customers,” said Matt Darin, CEO of Curaleaf. “We are pleased that the OCM has taken the next step to allow existing registered operators the opportunity to participate in the adult use market, and we look forward to being among the first as we continue to prioritize our medical patients. We are happy to be working with businesses of all sizes across the state, from hemp farmers to our retail partners, including CAURD licensees, and we aim for statewide distribution by end of year.”

 

“On our opening day at MJ Dispensary, it’s a monumental milestone to be the first licensed New York adult use retail partner to offer our customers access to Select and Grassroots products,” said Ryan Martin, CEO of MJ Dispensary, a New York CAURD licensee. “This partnership with Curaleaf is an excellent example of the ways in which the New York market can work together moving forward between large businesses like Curaleaf, and CAURD licensees like MJ Dispensary. Our intention is to support customers with a wide array of products, and we feel we’ve accomplished that in part due to this partnership.”

 

Curaleaf will join New York’s adult use market with corporate responsibility, inclusivity in hiring practices and community impact at the forefront of operations. The Company’s Rooted in Good program works to address the consequences of the War on Drugs by partnering with and funding community organizations that tackle these issues. Curaleaf will enact its Company-wide workforce and educational initiatives, including a commitment to employing at least 10 percent of all new New York hires from populations touched by low-level cannabis-related offenses and hosting retail activations focused on social justice and equity.

 

For more information on the Company’s adult use product availability in New York, please visit www.selectelevated.com/find-us and www.grassrootscannabis.com/find-us.

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