{{Short description|Cannabis company}} {{Infobox company | name = Curaleaf | logo = Curaleaf logo.png | type = Public | traded_as = {{OTCQX|CURLF}}<br>{{TSX|CURA}} | industry = Cannabis industry | founded = 2010 | hq_location = Stamford, Connecticut | hq_location_country = United States | key_people = Boris Jordan, Chairman and CEO<br> | website = {{URL|curaleaf.com}} | footnotes = <ref>{{Cite news |date=2024-03-06 |title=Consolidated Financial Statements As of and for the Years Ended December 31, 2023 and 2022 |url=https://ir.curaleaf.com/download/CURA+FY+2023+Financial+Statements.pdf |work=CURALEAF HOLDINGS, INC.}}</ref> }}
'''Curaleaf Holdings, Inc.''' is an American cannabis company publicly traded on the Canadian Securities Exchange. The company is headquartered in Stamford, Connecticut.<ref>{{cite news |last=Lastname |first=Firstname |date= |title=Without fanfare, world's largest publicly traded cannabis company lists a new CT HQ address |url=https://hartfordbusiness.com/article/without-fanfare-worlds-largest-publicly-traded-cannabis-company-lists-a-new-ct-hq-address/ |access-date=December 6, 2025 |work=Hartford Business Journal}}</ref> Founded in 2010, it produces and distributes cannabis products in North America, operating dispensaries in multiple states. As of 2025, it is the world's largest cannabis company by revenue.<ref>{{Cite web |title=Top publicly traded cannabis companies by revenue |url=https://companiesmarketcap.com/cad/cannabis/largest-cannabis-companies-by-revenue/ |archive-url=https://web.archive.org/web/20251209234707/https://companiesmarketcap.com/cad/cannabis/largest-cannabis-companies-by-revenue/ |archive-date=2025-12-09 |access-date=2025-12-09 |website=companiesmarketcap.com |language=en-CA}}</ref><ref>{{Cite web |last=Gelsi |first=Steve |date=2024-08-08 |title=Curaleaf’s Boris Jordan to take over as CEO of largest U.S. cannabis company |url=https://www.marketwatch.com/story/curaleaf-founder-boris-jordan-to-take-over-as-ceo-of-largest-u-s-cannabis-company-64b8865d |access-date=2025-12-09 |website=MarketWatch |language=EN-US}}</ref>
==History== Curaleaf was founded in 2010 under the name PalliaTech.<ref>{{Cite web |last=Wood |first=Sam |title=Marijuana company Curaleaf, valued at $4 billion, has big plans with Penn Medicine for King of Prussia |url=https://www.inquirer.com/philly/business/cannabis/marijuana-company-curaleaf-valued-at-4-5-billion-on-monday-has-big-plans-with-penn-med-for-king-of-prussia-palliatech-20181030.html |access-date=2022-03-17 |website= |language=en}}</ref> It operated in New Jersey and had a research center in Colorado. In 2013, the investment group Sputnik purchased a 35% stake in the company.<ref>{{cite news |title=Jordan Buys Into New Medicine |url=https://www.themoscowtimes.com/2013/07/31/jordan-buys-into-new-medicine-a26333 |publisher=The Moscow Times |date=31 July 2013}}</ref> The company name was changed to Curaleaf in 2018,<ref>{{Cite web|last=Borchardt|first=Jackie|title=Curaleaf gives up Ohio medical marijuana license for Clermont County facility|url=https://www.cincinnati.com/story/news/2020/06/15/curaleaf-gives-up-ohio-medical-marijuana-license-clermont-county-facility/5332619002/|access-date=2022-02-14|website=The Enquirer|language=en-US}}</ref> just prior to going public on Toronto's Canadian Securities Exchange under the symbol CURA.<ref name="MBD">{{cite news |title=Marijuana company Curaleaf looking for $4 billion valuation |url=https://mjbizdaily.com/marijuana-company-curaleaf-looking-for-4-billion-valuation/ |publisher=Marijuana Business Daily |date=14 September 2018}}</ref> It also raised $400 million in what was considered the largest stock offering in cannabis industry history.<ref name="Barrons">{{cite news |last1=Alpert |first1=Bill |title=One of America's Richest Marijuana Companies Has Deep Russian Roots |url=https://www.barrons.com/articles/curaleaf-is-an-american-marijuana-company-with-russian-roots-1542798001 |publisher=Barron's |date=21 November 2018}}</ref> By 2020, Curaleaf grew to be the largest Cannabis company in the world.<ref>{{Cite web|url=https://www.cnn.com/2020/07/31/business/cannabis-deals-curaleaf/index.html|title=This is now the biggest cannabis company in the world|website=CNN}}</ref>
Curaleaf has made several acquisitions in the cannabis industry. It acquired the cannabis oil brand Select in 2019, making it the largest cannabis operator in the United States.<ref name="Yahoo Finance">{{cite news |last1=Guzman |first1=Zack |title=Curaleaf notches largest U.S. cannabis acquisition with nearly $1 billion deal |url=https://finance.yahoo.com/news/curaleaf-notches-largest-us-cannabis-acquisition-with-nearly-1-billion-deal-143128500.html?guccounter=1 |accessdate=11 September 2019 |work=Yahoo Finance |date=1 May 2019}}</ref> The following year it acquired Colorado based edibles maker BlueKudu, which is known for its infused chocolates and gummies.<ref name=":0">{{Cite web|url=https://www.denverpost.com/2020/03/02/curaleaf-bluekudu-marijuana-edibles/|title=Cannabis giant Curaleaf to acquire Colorado edibles maker BlueKudu|date=2020-03-02|website=The Denver Post|language=en-US|access-date=2020-03-18}}</ref> In 2020, Curaleaf became the world's largest cannabis company by revenue after the purchase of its Chicago-based competitor Grassroots Cannabis.<ref name="ChicagoInno">{{cite news |last1=Davis |first1=Katherine |title=Grassroots Cannabis to Be Acquired by Curaleaf for $875M |url=https://www.americaninno.com/chicago/inno-news-chicago/grassroots-cannabis-to-be-acquired-by-curaleaf-for-875m/ |publisher=Chicago Inno |date=17 July 2019}}</ref> The purchase also expanded the company into 23 states in the U.S.<ref name="forbes">{{Cite web|last=Yakowicz |first=Will|title=Inside Curaleaf Billionaire Boris Jordan's Hunger To Become The 'Frito-Lay' Of Cannabis |url=https://www.forbes.com/sites/willyakowicz/2020/11/27/inside-curaleaf-billionaire-boris-jordans-hunger-to-become-the-frito-lay-of-cannabis/|access-date=2021-06-28|website=Forbes|language=en}}</ref>
In April 2021, Curaleaf announced that it had completed its previously announced acquisition of EMMAC Life Sciences Limited ("EMMAC"), the largest vertically integrated independent cannabis company in Europe. The acquisition gives Curaleaf cultivation, EU GMP-certified processing, distribution, and R&D operations in several key European cannabis markets, including the United Kingdom, Germany, Italy, Spain and Portugal.<ref>{{Cite web|title=Curaleaf Completes Acquisition of EMMAC and Secures US$130 Million Investment from a Single Strategic Institutional Investor|url=https://ir.curaleaf.com/2021-04-07-Curaleaf-Completes-Acquisition-of-EMMAC-and-Secures-US-130-Million-Investment-from-a-Single-Strategic-Institutional-Investor|access-date=2021-06-28|website=Curaleaf Holdings, Inc. Investor Relations|language=en-US}}</ref>
In May 2021, Curaleaf announced it had signed a definitive agreement to acquire Los Sueños Farms, a 36-acre outdoor marijuana growing operation in Colorado, for over $60 million.<ref>{{Cite web|last=Bahcetepe|first=Hilal |title=Southern Colorado Marijuana Farms Have New Ownership|url=https://www.westword.com/marijuana/southern-colorado-marijuana-farms-new-ownership-11993339|access-date=2022-02-14|website=Westword|language=en}}</ref>
In September 2021, an Oregon subsidiary of the company, Cura Cannabis, mistakenly distributed tinctures with THC that were mislabeled as containing only CBD. This led to a recall by The Oregon Liquor and Cannabis Commission (OLCC).<ref>{{Cite web |last=Staff|first=MJBizDaily|date=2021-09-30|title=CBD labeling mix-up leads to Oregon recall, lawsuit over THC in tinctures |url=https://mjbizdaily.com/cbd-labeling-mix-up-leads-to-oregon-recall-lawsuit-over-thc-in-tinctures/|access-date=2022-02-14 |website=MJBizDaily|language=en-US}}</ref>
==References== {{Reflist}}
==External links== {{Portal|Cannabis}} * {{Official website|www.curaleaf.com}} {{Cannabis in the United States}} Category:Cannabis companies of Canada Category:Cannabis companies of the United States Category:American companies established in 2010 Category:Publicly traded companies of the United States Category:Companies listed on the Toronto Stock Exchange Category:Companies listed on the Canadian Securities Exchange