Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed cannabis producer focused primarily on meeting demand in the import-export market.
The financial terms of the deal were not disclosed.
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The planned acquisition provides the New York-based multistate operator with a strategic supply-chain advantage in key growth markets, the company said, such as:
Germany. Poland. United Kingdom.
The deal, which comes about one month after Curaleaf bought Polish medical cannabis operator Can4Med, also establishes a presence in Australia and New Zealand, according to a news release.
Northern Green Canada, which is privately owned, says 95% of its sales were attributed to international markets in 2023. The company did not disclose its sales.
The
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