Curaleaf issues statement on reported interest in Cronos

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Curaleaf Holdings Inc. responded late Friday to reports it was among those interested in buying Canadian cannabis company Cronos Inc. Curaleaf said the...

Curaleaf Holdings Inc. CA:

responded late Friday to reports it was among those interested in buying Canadian cannabis company Cronos Inc. Curaleaf said the Canadian Investment Regulatory Organization had requested a comment on market speculation. “As previously disclosed, the company regularly examines transactions including partnerships, possible acquisitions, sales and mergers with third parties,” the company said in a statement. “There is no guarantee that any potential transaction will materialize.” Earlier Friday, Curaleaf said it did not comment on market speculation about reports of a transaction unless...

responded late Friday to reports it was among those interested in buying Canadian cannabis company Cronos Inc. Curaleaf said the Canadian Investment Regulatory Organization had requested a comment on market speculation. “As previously disclosed, the company regularly examines transactions including partnerships, possible acquisitions, sales and mergers with third parties,” the company said in a statement. “There is no guarantee that any potential transaction will materialize.” Earlier Friday, Curaleaf said it did not comment on market speculation about reports of a transaction unless required by law.

 

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