1933 Industries Inc C.TGIF

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Curaleaf says chairman, investors not subject to U.S. sanctions on Russia 
 

Curaleaf took the rare step of issuing a statement to inform the investment community that the U.S. pot giant, its executives and shareholders are not subject to U.S. government sanctions on Russia. Citing “rumors and misinformation spread during turbulent times,” Curaleaf said that its executive chairman and largest shareholder, Russian-American businessman Boris Jordan, is an American citizen and was born and raised in Long Island, NY. As well, Andrei Blokh, Curaleaf’s second-biggest shareholder with a 21 per cent stake in the firm, holds both U.S. and Russian passports. “The speculation on social media that the company and its major shareholders and executives will somehow be subject to any U.S. government economic sanctions now or in the future is incorrect,” Curaleaf said.