Curaleaf Acquires Natural Remedy Patient Center (Safford, AZ)

Curaleaf Acquires Bloom Dispensaries

December 28, 2021

Consumer Products

Curaleaf Holdings, Inc. agreed to acquire Bloom Dispensaries, a vertically integrated single-state cannabis operator in Arizona, in an all-cash transaction valued at approximately US$211 million. The deal adds four retail dispensaries (Phoenix, Tucson, Peoria, Sedona) plus ~63,500 sq. ft. of adjacent cultivation and processing space in north Phoenix; Curaleaf will pay $51 million cash at close and the remainder via three promissory notes, and Bloom generated estimated 2021 revenue of ~$66 million with EBITDA margins above 40%.

Curaleaf Acquires Deseret Wellness

March 29, 2023

Retail

Curaleaf Holdings, Inc. agreed to acquire Deseret Wellness in a cash-and-stock transaction valued at approximately US$20 million. The deal adds three medical cannabis dispensaries in Park City, Provo and Payson (combined annualized revenue ~$14 million), expanding Curaleaf’s Utah retail footprint to four dispensaries and its nationwide store count to about 150.

Harvest Health & Recreation Acquires Arizona Natural Selections

February 19, 2020

Healthcare Services

Harvest Health & Recreation Inc. announced the acquisition of Arizona Natural Selections for a non-material, undisclosed amount of stock, gaining rights to operate four vertical medical cannabis licenses in Arizona. The deal adds four retail locations (operating under Arizona Natural Selections brands), two cultivation facilities (including a 55,000 sq. ft. indoor facility in Phoenix and a 322-acre site in Willcox with 70,000 sq. ft. greenhouse), and the Darwin branded product line, further deepening Harvest's integrated operations in its home state.

Ayr Wellness Acquires Herbal Remedies Dispensaries, LLC

July 20, 2021

Retail

Ayr Wellness Inc. agreed to acquire 100% of Herbal Remedies Dispensaries, LLC, an operator of two licensed retail cannabis dispensaries in Quincy, Illinois, for total consideration of $30 million (comprised of $10 million in stock, $12 million in seller notes and $8 million in cash). The acquisition adds roughly 50 employees, expands Ayr into its eighth state (Illinois), is expected to close in Q4 2021 and is subject to customary regulatory approvals.

Curaleaf Acquires Los Sueños Farms

May 17, 2021

Retail

Curaleaf Holdings agreed to acquire Los Sueños Farms, a large outdoor cannabis cultivation operator in Pueblo, Colorado, including 66 acres of outdoor cultivation, an 1,800-plant indoor grow and two retail dispensaries. The approximately $67 million deal (mix of stock, cash and assumed debt, plus contingent stock consideration) expands Curaleaf’s low‑cost cultivation capacity and vertically integrates its Colorado operations to support wholesale and Select-branded product distribution.

Curaleaf Holdings Acquires Minority Stake in Curaleaf International

July 2, 2025

Consumer Products

Curaleaf Holdings, Inc. completed the buyout of a single strategic institutional investor's equity stake in Curaleaf International Holdings Limited, bringing Curaleaf's ownership of its European holding company to 100%. The transaction was settled in Curaleaf subordinate voting shares and is intended to strengthen control and accelerate the company's strategic initiatives and expansion across European markets.