Curaleaf Unveils Nationwide Expansion Plans for Select Brand

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Jun 29, 2020, 10:20 ET

Select products will be available in new markets including Maine, Massachusetts, Ohio and Florida this summer

WAKEFIELD, Mass., June 29, 2020 /PRNewswire/ -- Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading multi-state cannabis operator in the United States, today announced the continued expansion of its line of Select brand into new markets including Maine, Massachusetts, Ohio and Florida between now and August 2020.

Select, America's #1 Cannabis Oil Brand, is a west coast lifestyle brand that was acquired by Curaleaf in February 2020. Select maintains the highest industry-standard practices for quality control to ensure the overall efficacy and the best product experience possible. As a recognized industry leader, Select has gained popularity in both medical and adult-use markets across nine states, including Oregon, California, Nevada, Arizona, Colorado, Michigan, Maryland, Oklahoma and Connecticut. With this summer's addition of four more states, the brand will be available in 13 markets and is on track to become the first nationally recognized consumer cannabis brand.

Curaleaf kicked off the season by expanding the Select brand in Connecticut in mid-June. On July 3rd, Select Elite and Select Nano Gummies will launch in dispensaries across Curaleaf's home state of Massachusetts. State residents and patients will also have access to Curaleaf Nano Gummies, which will be sold exclusively at Curaleaf dispensaries under the Curaleaf brand name. The brand will launch in Maine's medical market in late July, making its line of broad-spectrum Select Elite oil cartridges and new fast acting Select Nano Gummies available to retailers across the state. Select Nano Gummies are slated to expand to Ohio and Florida's medical market in mid-August.

"As a mission-driven company, Curaleaf is committed to improving the lives of our patients and customers across the US, providing them with high-quality cannabis products they can trust," said Joe Bayern, President of Curaleaf. "Select has performed tremendously well in our current markets, and we are eager to share the Select experience with thousands of new medical and adult-use customers this summer as we continue to grow."

About Curaleaf Holdings, Inc.

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading vertically integrated multi-state cannabis operator with a mission to improve lives by providing clarity around cannabis and confidence around consumption. As a high-growth cannabis company known for quality, expertise and reliability, the company and its brands, Curaleaf and Select, provide industry-leading service, product selection and accessibility across the medical and adult-use markets. The company currently operates in 18 states with 57 dispensaries, 15 cultivation sites and 24 processing sites. Curaleaf employs over 2,200 people across the United States. For more information please visit www.curaleaf.com.

INVESTOR CONTACT
Curaleaf Holdings, Inc.
Dan Foley, VP, Finance and Investor Relations
[email protected]

MEDIA CONTACT
Curaleaf Holdings, Inc.
Tracy Brady, VP Corporate Communications
[email protected]

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 expansion of the Select brand of products into Massachusetts, Florida, Maine, New Jersey, New York, Oregon, California, Nevada, Arizona, Colorado, Michigan, Maryland, Oklahoma and Connecticut. 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 September 23, 2019, which is available under the Company's SEDAR profile at 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 Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.