Curaleaf Celebrates New Phoenix Airport Dispensary (2024)

The Company's new location boasts a larger floor space and state-of-the-art renovations

NEW YORK, Feb. 20, 2024 /PRNewswire/ --Curaleaf Holdings, Inc.(TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced that it has relocated its Curaleaf Phoenix Airport dispensary to 4415 East Monroe Street, a newly updated and refreshed retail space. Curaleaf Phoenix Airport is the closest dispensary from highly trafficked 44th St., a major roadway to the Sky Harbor Airport.

The new location is situated in an optimal area of Phoenix, allowing for convenient access to new customers and to better serve existing customers. Curaleaf Phoenix Airport is on the centrifuge loop of the airport, offering improved parking and proximity for visitors to the city. The dispensary has undergone a state-of-the-art renovation and boasts 5,000 square feet of retail floor space. Adult use and medical patients will have access to Curaleaf's premium suite of products, including the newly launched 1g all-in-one vape, Select Stiq, as well as Select Briq, Grassroots, JAMS, Find. and more.

The dispensary will celebrate its grand opening on Saturday, February 24th, kicking off with a ribbon-cutting ceremony at 10 a.m. Guests will receive exclusive doorbuster deals, steep discounts and a gift with purchase, while supplies last. Donuts and coffee will be provided for visitors to enjoy as they shop.

"Curaleaf has proudly served over 1.2 million customers and sold over 24 million products in Arizona over the past three years, with seven bustling locations in Phoenix alone," said Luke Flood, Regional Sr. Vice President at Curaleaf. "With our new Phoenix Airport location, we have upgraded our entire consumer experience with a beautiful new store featuring our wide variety of products in one of the most accessible areas of the city."

For more information on Curaleaf's operations in Arizona, please visithttps://curaleaf.com/dispensary/arizona.

About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, and Grassroots provide industry-leading service, product selection and accessibility across the medical and adult use markets. In the United States, our brands are sold in 17 states with operations encompassing 147 dispensaries and employing more than 5,200 team members. Curaleaf International is the largest vertically integrated cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visithttps://ir.curaleaf.com.

FORWARD-LOOKING STATEMENTS
This media advisory contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or, "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the opening of the new Phoenix Airport dispensary. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed May 1, 2023, which is available under the Company's SEDAR profile at http://www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. The Toronto Stock Exchange has not reviewed, approved or disapproved the content of this news release.

INVESTOR CONTACT
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment Officer
IR@curaleaf.com

MEDIA CONTACT
Curaleaf Holdings, Inc.
Tracy Brady, SVP Corporate Communications
media@curaleaf.com

SOURCE Curaleaf Holdings, Inc.

Curaleaf Celebrates New Phoenix Airport Dispensary (2024)

FAQs

How many dispensaries does Curaleaf have in the US? ›

Its vertically integrated operations, which encompass 150 dispensaries and 21 cultivation sites, have propelled Curaleaf to become a leading authority in the cannabis industry, appealing to both medical patients and recreational users.

How many locations does Curaleaf have? ›

About Curaleaf Holdings

In the United States, Curaleaf currently operates in 19 states with 147 dispensaries, and employs around 5,500 team members.

What is Curaleaf in Florida? ›

(CSE: CURA) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, announced today that the Company has opened its 17th medical marijuana dispensary in Florida. The new retail location in Tampa brings Curaleaf's total across the country to 32 dispensaries in operation.

What is the old name for Curaleaf? ›

History. Curaleaf was founded in 2010 under the name PalliaTech. It operated in New Jersey and had a research center in Colorado.

Who is the largest shareholder of Curaleaf? ›

Largest shareholders include MSOS - AdvisorShares Pure US Cannabis ETF, AdvisorShares Investments LLC, PHSTX - PUTNAM GLOBAL HEALTH CARE FUND Class A Shares, CNBS - Amplify Seymour Cannabis ETF, Albert D Mason Inc, PUTNAM VARIABLE TRUST - Putnam VT Global Health Care Fund Class IA Shares, MAI Capital Management, ...

Who is the owner of Curaleaf? ›

Boris Jordan (Russian: Борис Алексеевич Йордан, born 2 June 1966) is a Russian-American billionaire businessman, who is the founder and executive chairman of Curaleaf.

Is Curaleaf making money? ›

Boris Jordan, Executive Chairman of Curaleaf, stated, "Consistent with our expectations, first quarter revenue grew 2% to $339 million, and we achieved a 48% adjusted gross margin. Adjusted EBITDA margin(1) was $77 million or 23% of sales, expanding 40bps from last year.

Is Curaleaf in debt? ›

Total debt on the balance sheet as of March 2024 : $0.87 B.

Why is Curaleaf leaving California? ›

We believe these states will represent opportunities in the future, but the current price compression caused by a lack of meaningful enforcement of the illicit market prevent us from generating an acceptable return on our investments.

Is Curaleaf a growing company? ›

Major marijuana multistate operator Curaleaf Holdings posted $345.3 million in net revenue for the fourth quarter of 2023, an increase of 1.5% over the same quarter the year before and 3.6% over the third quarter.

How much do you get paid at a dispensary in Florida? ›

How much does a Dispensary make in Florida? As of Jul 18, 2024, the average hourly pay for the Dispensary jobs category in Florida is $16.13 an hour.

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