Announced
Financials
Tags
Private
Pending
Single Bidder
Acquisition
Domestic
Friendly
United States
cannabis company
Pharmaceuticals
Majority
Synopsis
Curaleaf Holding, a provider of consumer products in cannabis, agreed to acquire Tryke, a vertically integrated, multi-state cannabis operator, for $286m. "This is a tremendous opportunity for Tryke and, as a combined entity, we will continue to deliver significant value for our consumers and retailers in Arizona, Nevada and Utah. As a part of Curaleaf's growing network of dispensaries, Tryke is excited to bring its full suite of multi-price point products to an expanded base of consumers across the country. We are excited to join forces with the industry leader at such a pivotal moment in the United States' legalization efforts. We share Curaleaf's optimism for the future and are excited to become investors alongside the Company's talented leadership team," Adam Ryan, Tryke CEO.
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