NEW YORK, May 24, 2024 /CNW/ -- Curaleaf Holdings,
Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the
"Company"), a leading international provider of consumer cannabis
products, today reacted to the House Committee on
Agriculture's approval of an amendment to the 2018 Farm Bill. As
the largest operator in the cannabis sector and as a company that
recently announced its entry into the hemp-derived THC products
space, Curaleaf issued a statement to clarify its position
regarding yesterday's Miller amendment.
"We disagree with yesterday's amendment filed by Mary Miller (R-IL), which is an attempt to roll
back the Farm Bill," shared Executive Chairman Boris Jordan. "We support hemp farmers, and we
believe that hemp-derived products made within the guidelines of
the Farm Bill should be available to adults with strict age gating
and safety standards. We believe there should be one regulatory
framework for all cannabinoids, and that all legal players in the
hemp-derived product market must adhere to the same safety and age
restrictive standards in order to combat the dangers of the illicit
market – just as in cannabis."
Curaleaf remains committed to the destigmatization of cannabis
through its service of medical patients and adult-use consumers and
the development of its community-based initiatives, including
Rooted in Good. For more information about Curaleaf, please visit
https://curaleaf.com.
About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX:
CURA) (OTCQX: CURLF) ("Curaleaf") is a leading
international provider of consumer products in cannabis with a
mission to enhance lives by cultivating, sharing and
celebrating the power of the plant. As a high-growth cannabis
company known for quality, expertise and reliability, the
Company and its brands, including Curaleaf,
Select, Grassroots, JAMS, Find and Zero Proof provide
industry-leading service, product selection and accessibility
across the medical and adult use markets. Curaleaf International is
the largest vertically integrated cannabis company in
Europe with a unique supply and
distribution network throughout the European market, bringing
together pioneering science and research with cutting-edge
cultivation, extraction and production. Curaleaf is listed on the
Toronto Stock Exchange under the symbol CURA and trades on the
OTCQX market under the symbol CURLF. For more information,
please visit https://ir.curaleaf.com.
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 Farm Bill Amendment. 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 on March 6, 2024, which is
available under the Company's SEDAR profile at
http://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 Toronto Stock Exchange has not reviewed, approved or
disapproved the content of this news release.
INVESTOR CONTACT
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment
Officer
IR@curaleaf.com
MEDIA CONTACT
Curaleaf Holdings, Inc.
Tracy Brady, SVP Corporate
Communications
media@curaleaf.com
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SOURCE Curaleaf Holdings, Inc.