Mr. Boris Jordan reports

CURALEAF ACQUIRES EQUITY INTEREST IN BOONE TOWN PROVISIONS, EXPANDING NEW JERSEY FOOTPRINT TO FOUR DISPENSARIES

Curaleaf Holdings Inc. has acquired an equity stake and certain operating rights in Boone Town Provisions, a dispensary located at 677 Myrtle Ave., Boonton, N.J., 07005. The acquisition expands Curaleaf's footprint to four dispensaries in the state and 191 nationwide. The storefront is expected to be immediately accretive to the company's New Jersey business.

"Boone Town Provisions is one of the top-performing dispensaries in New Jersey," said Boris Jordan, chairman and chief executive officer of Curaleaf. "We have acquired our interest in the dispensary at an attractive valuation that aligns with our disciplined approach to capital allocation. The acquisition strengthens our position in New Jersey, allows us to increase our vertical position, adds a proven, high performing location to our retail footprint, and expands access to our brands for more customers in the state."

Opened in July, 2024, the 6,400-square-foot store sits on a busy stretch of Myrtle Avenue with few dispensaries nearby. Boone Town Provisions complements Curaleaf's three other New Jersey dispensaries located in Bellmawr, Bordentown and Edgewater Park.

About Curaleaf Holdings Inc.

Curaleaf Holdings is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the company and its brands, including Curaleaf, Select, Grassroots, FIND, Dark Heart and Anthem, provide industry-leading service, product selection, and accessibility across the medical and adult-use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction, and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF.

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