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US (MA): Grower granted license in Utah, closes acquisition of Nevada based assets

Curaleaf Holdings has received a Notice of Intent to Award a medical cannabis retail license from the Utah Department of Health.

"Curaleaf is proud to have been selected as a recipient of a medical retail license in Utah, and we look forward to bringing our premium products, services and expertise to medical patients there," said Joseph Lusardi, Chief Executive Officer of Curaleaf. "We are grateful to be part of the early development of the industry in the state and will earn the trust and patronage of patients there as we have in the other states where we operate."

Curaleaf has won one of 14 licenses to open a medical cannabis dispensary in Utah, from more than 130 applications and 60 different companies. "The Company's license is for Region 3, which includes Utah, Wasatch, Daggett, Duchesne, Uintah, Carbon, Emery, Grand and San Juan Counties. Curaleaf plans to open a dispensary in Lindon, Utah – adjacent to Interstate 15 between Salt Lake City and Provo – for medical patients later this year, pending final approvals from regulators," the team with the company explains. 

Additionally, the company has closed on the acquisition of the retail assets of Acres Cannabis. "The acquisition consists of Acres' award-winning flagship dispensary in the heart of Las Vegas, adjacent to the Strip, and another dispensary in Ely, Nevada," they further explain. "Curaleaf's operations in Nevada now include two cultivation facilities, two processing sites and two dispensaries located in Las Vegas, with the retail location in Ely expected to open in the second quarter of 2020."

For more information:
Curaleaf
(781) 451-0150
301 Edgewater Place
Suite 405
Wakefield, MA 01880
info@curaleaf.com    
curaleaf.com      

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