Spontaneous road trips. Afternoon jam sessions. High-tide beach walks. Slow, sun-lit strolls. Watching that campfire burn through the night…. Summer is conducive to it all, and chances are, at least one of these propositions puts a smile on your face.
After a recent acquisition, Curaleaf Holdings (CURLF) CEO Joseph Lusardi believes his company is poised to take over the cannabis industry.
Last month, the Massachusetts-based company which bills itself as “most accessible cannabis company in the U.S.” acquired Oregon-based Cura Brands, which sells cannabis oil to retailers under the brand name Select, for $950 million.
Curaleaf has “the biggest brand on the East Coast,” Lusardi told Yahoo Finance recently. “And with the combination of Select, we’ll have the biggest adult use lifestyle brand in the country.”
Three numbers to start your day:
President Donald Trump Announced a New 5% Tariff
—on Mexican goods imported into the U.S. The tariff is set to start on June 10th and will gradually rise to 25 percent. That’s unless Mexico stops illegal immigration to the U.S.
Friday’s surprising move puts more pressure on the Federal Reserve. If the trade war causes economic weakness, the Fed, which sees itself as politically independent, could be forced to cut interest rates to soften the blow of the President’s policies. And that’s exactly what he has been asking for.
Why is it that Dads can be so hard to shop for?
If you’re feeling the same, no worries! We’ve got you covered with a selection of cannabis-enthusiast gift picks, ranging from practical to punny, and catering to a variety of budgets.
Let’s take a look at what the Dad in your life wants, needs and likes, and go from there.
Following the passage of the US Farm Bill last year, new avenues have opened for both industrial hemp grow operations as well as development of additional hemp-based products and cultivation methods. Taking advantage of those loosened restrictions, Curaleaf Holdings, Inc. (CSE: CURA; OTCQX: CURLF) today announced a partnership with the University of Connecticut for hemp growth research.
Curaleaf Holdings Inc. a publicly traded East Coast cannabis grower and dispenser, has acquired the rights to operate the Emerald dispensary in Gilbert, whose license is held by Absolute Healthcare Inc., an Arizona nonprofit.
The dispensary will be rebranded as Curaleaf after the transaction closes, the company said in an announcement. The company now operates six dispensaries in Arizona.