Curaleaf Holdings (OTC) (TSE:CURA) has released an update.
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Curaleaf Holdings has announced the acquisition of Northern Green Canada, a major move to bolster its European flower supply and establish a presence in Australasia. This strategic move is set to increase Curaleaf’s margins and solidify its position in the rapidly growing German market, as well as expanding into the U.K., Poland, Australia, and New Zealand. The acquisition is projected to be highly accretive and is expected to close in the second quarter of 2024, pending regulatory approvals.
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