Mr. Joseph Lusardi reports

CURALEAF TO OPEN FIRST ADULT USE CANNABIS DISPENSARY ON CAPE COD, MASSACHUSETTS

Curaleaf Holdings Inc. will open Cape Cod's first adult-use retail dispensary on Wednesday, Jan. 29, 2020, at noon.

The retail store is located at 170 Commercial St. in the heart of Provincetown and will be open seven days a week. Normal hours of operation are 10 a.m. to 6 p.m. from Monday through Saturday and 10 a.m. to 5 p.m. on Sunday during the winter and early spring.

Curaleaf will expand its hours to 9 a.m. to 9 p.m. during the upcoming summer season.

A grand opening celebration is being planned for Feb. 6, 2020, at 11 a.m.

The store is within walking distance from all public parking lots in Provincetown and has dedicated bicycle racks located outside.

"We are very excited to bring the first adult-use cannabis dispensary to Cape Cod. Provincetown is a vibrant community where we plan to hire over 30 people and become engaged with the cultural activities, charities and local initiatives that are important and make the Outer Cape and Provincetown so special," said Patrik Jonsson, president of Curaleaf Massachusetts.

"As one of the largest cannabis companies in the United States, we are proud to be based right here in Massachusetts and to be expanding our presence across the Commonwealth," said Curaleaf chief executive officer Joseph Lusardi. "Providing high-quality and reliable products to patients and customers in our home state is a key part of Curaleaf's mission."

The company opened its first adult-use location in Oxford, Mass., in 2019, co-located with its medical dispensary. Curaleaf also plans to open another adult-use retail location in Ware, Mass., this spring, pending regulatory approval. Curaleaf currently employs 65 people at its national headquarters in Wakefield, Mass., and another 148 employees at its local Massachusetts operations, which also includes a medical dispensary in Hanover, Mass., and a processing and cultivation facility in Webster, Mass. Over the past year, Curaleaf has grown to become one of the largest cannabis companies in the United States under the leadership of Mr. Lusardi, a Massachusetts native.

About Curaleaf Holdings Inc.

Headquartered in Wakefield, Mass., Curaleaf Holdings is a leading vertically integrated multistate cannabis operator in the United States. It is a high-growth cannabis company with a national brand known for quality, trust and reliability. The company is positioned in highly populated, limited licence states, and currently operates in 12 states with 52 dispensaries, 14 cultivation sites and 14 processing sites. Curaleaf has the executive expertise and research and development capabilities to provide leading service, selection and accessibility across the medical and adult-use markets, as well as in the CBD (cannabidiol) category through its Curaleaf Hemp brand.

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