RE:newsalerts@ir.curaleafNice BUY. Curaleaf's retail footprint will increase to 16 dispensaries in Arizona and 128 nationwide. Under the terms of the agreement,
Curaleaf will pay US$51 million in cash at closing, with the remaining approximately US$160 million paid in three promissory notes of $50 million, $50 million, and $60 million due, respectively, on the first, second and third anniversary of closing of the transaction. The notes will be recourse only to shares and assets of Bloom and will not be guaranteed by any Curaleaf entity.
The Cannabis Gold Rush is game on, Major consolidation in the Cannabis industry is in full swing. CURA will be a $2Billion+ dollar company by the end of 2022. CURA has a lot more news to come!! CURA is just getting started.