Ahead of a potential November 2026 launch of adult-use cannabis sales, marijuana multistate operator Curaleaf Holdings will enter the Virginia market with a purchase of competitor The Cannabist Company Holdings’ assets in the state, the companies announced Tuesday.
For $110 million, Curaleaf will acquire a vertically integrated medical marijuana license, which includes five retail dispensaries and the right to open a sixth as well as 82,000 square feet of cultivation canopy located near Richmond.
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The sale announcement is the latest move made by The Cannabist Co., formerly known as Columbia Care, after company leadership formed a “special committee” to explore mergers or other major moves.
Curaleaf to enter Virginia marijuana market ahead of adult-use sales
According to a company press release, the purchase
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