Curaleaf Holdings, Inc. (TSX:CURA) signed a deal to acquire Northern Green Canada Inc. (NGC) on March 19, 2024. Post acquisition, NGC team will join the Curaleaf International family. The deal is expected to close in the second quarter of 2024, pending all regulatory approvals. Curaleaf expects the NGC acquisition to be a highly accretive deal that marks Curaleaf's first step into the Australasian markets, creating a true global cannabis company with global brands.

Curaleaf Holdings, Inc. (TSX:CURA) completed the acquisition of Northern Green Canada Inc. (NGC) for approximately $16 million on April 22, 2024. Terms of the acquisition of NGC include an initial payment at closing of the Company's Subordinate Voting Shares valued at approximately $16 million, subject to a typical post-closing adjustment. An earnout may also be paid in 2025 based upon 2024 performance of NGC's operations, up to 50% of which will be cash and the rest paid in additional Subordinate Voting Shares. The issuance of Subordinate Voting Shares in connection with the acquisition of NGC has been conditionally approved by the Toronto Stock Exchange, subject to fulfilling customary listing conditions.