Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading U.S. provider of consumer products in cannabis, commented today regarding a recent executive stock ownership change.
Mr. Joseph Lusardi, Curaleaf Chief Executive Officer, exercised options to purchase approximately 900,114 subordinate voting shares (SVS) of Curaleaf common stock on December 7, 2020. This latest options activity brings the total number of options exercised by Mr. Lusardi’s to purchase SVS of Curaleaf common stock in 2020 to the equivalent of approximately 3.5 million shares. Mr. Lusardi also sold 500,000 shares on December 17, 2020, primarily to accommodate personal year-end tax planning. Mr. Lusardi has informed the Company that the sales were for tax purposes and that he does not expect to sell additional shares at this time.
Boris Jordan, Executive Chairman of the Board of Curaleaf, stated, “Joe and I continue to be significant shareholders of Curaleaf as we believe the cannabis industry’s growth prospects are unmatched by any other major U.S. industry, as new consumers enter the regulated market and more states approve legalization. As a major shareholder of Curaleaf, I reiterate that I have no plans to sell a single share of Curaleaf and remain fully committed to the growth and success of the company.”
About Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf”) is a leading U.S. provider of consumer products in cannabis, with a mission to improve lives by providing clarity around cannabis and confidence around consumption. As a vertically integrated, high-growth cannabis operator known for quality, expertise and reliability, the company and its brands, including Curaleaf and Select provide industry-leading service, product selection and accessibility across the medical and adult-use markets. Curaleaf currently operates in 23 states with 96 dispensaries, 23 cultivation sites and over 30 processing sites, and employs over 3,000 team members across the United States. Curaleaf is listed on the Canadian Securities Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information please visit www.curaleaf.com.