Nov. 23, 2020, 8:30 a.m. EST

Curaleaf Announces "Feed the Block" Program to Address Hunger in Several States

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WAKEFIELD, Mass., Nov. 23, 2020 (Canada NewsWire via COMTEX) -- Part of "Rooted in Good" CSR Platform, "Feed the Block" Gives Back Through Strategic Social Partnerships with Local Organizations Focused on Food Insecurity

Curaleaf Holdings, Inc. /zigman2/quotes/203485866/delayed CA:CURA -1.94% (otcqx:CURLF) ("Curaleaf" or the "Company"), a leading U.S. provider of consumer products in cannabis, today announced a multi-state fundraising initiative in which proceeds will benefit 24 locally run food banks, homeless shelters and nonprofits working to proactively address the needs of those facing food insecurity in communities across America. This effort is a part of the Strategic Social Partnerships pillar within Curaleaf's "Rooted in Good" Corporate Social Responsibility platform.

From November 21 to December 5, 2020, Curaleaf is accepting donations in 90 Curaleaf retail locations to benefit local organizations targeting hunger, with a commitment to match a percentage of the total raised in each of its 23 states. As a part of "Feed the Block," Curaleaf will accompany donations with activations on the ground in key markets by partnering with local grocers and nonprofits to provide food to neighborhoods in need. Further community support by way of direct meal donations will be deployed in Florida, Illinois, Maryland, Massachusetts, Maine, Nevada, New Jersey, and Pennsylvania, in addition to the fiscal donations happening across the country.

Prior to COVID-19, 37 million people in the U.S. struggled with hunger across the United States, and Feeding America estimates that as a result of the pandemic, that number may rise to 54 million people in 2021.

"It's our responsibility as the leading multi-state cannabis operator to really understand the needs within our communities," said Curaleaf President Joe Bayern. "The core of our focus at Curaleaf is on the health and wellness of our customers and patients, and holistic community health is not possible if all of our citizens do not have their basic needs met. We're proud to support our communities with 'Feed the Block' in partnership with 24 organizations across the country this year."

Curaleaf will continue to build on its "Rooted in Good" program, focusing on its four pillars throughout the year: Diversity, Equity & Inclusion, Social Equity, Sustainability/Environment and Strategic Social Partnerships. As a part of its Strategic Social Partnerships pillar, the Company will focus on food insecurity, social justice, wellness, cannabis education and health across the country.

"With 'Rooted in Good,' we're focused on developing social impact work that meets the needs of our communities at the deepest level. Each of our 'Feed the Block' partners was evaluated to ensure they directly reach the communities most impacted by food insecurity in the cities and states that Curaleaf operates," shared VP of Corporate Social Responsibility Khadijah Tribble. "Our strategic partners help us maximize community impact and demonstrate our values as a company that believes in the power of doing the right thing."

As a part of this program, Curaleaf is intentionally working with organizations that are supporting those with the greatest needs via direct donations of nutritional food to its local communities. This is a critical piece of Curaleaf's Supplier Diversity Program, in which the Company commits to having holistic partnerships with brands, ancillary businesses, and suppliers owned by individuals from communities disproportionately impacted by the War on Drugs across the country. For example, Curaleaf Florida is partnering with I SEE U, a local non-profit focused on giving back to the community in meaningful ways. Together, they will distribute over 400 turkeys to families in need through the Live Like Bella Childhood Cancer Foundation database.

Curaleaf will continue to expand on its "Rooted in Good" CSR efforts throughout late 2020 and 2021. To learn more about how "Feed the Block" will impact local communities, a state-by-state breakdown can be viewed online here.

About Curaleaf Holdings, Inc.Curaleaf Holdings, Inc. /zigman2/quotes/203485866/delayed CA:CURA -1.94% (otcqx:CURLF) ("Curaleaf") is a leading U.S. provider of consumer products in cannabis, with a mission to improve lives by providing clarity around cannabis and confidence around consumption. As a vertically integrated, high-growth cannabis operator known for quality, expertise and reliability, the company and its brands, including Curaleaf and Select provide industry-leading service, product selection and accessibility across the medical and adult-use markets. Curaleaf currently operates in 23 states with 95 dispensaries, 23 cultivation sites and over 30 processing sites, and employs over 3,000 team members across the United States. Curaleaf is listed on the Canadian Securities Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information please visit www.curaleaf.com .

INVESTOR CONTACT Curaleaf Holdings, Inc. Dan Foley, VP, Finance and Investor RelationsIR@curaleaf.com

MEDIA CONTACTCuraleaf Holdings, Inc. Tracy Brady, VP Corporate Communicationsmedia@curaleaf.com

FORWARD LOOKING STATEMENTS

This media advisory contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", " expects" or, "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning Curaleaf's Feed the Block initiative. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed September 25, 2020, which is available under the Company's SEDAR profile at www.sedar.com , and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

View original content: http://www.prnewswire.com/news-releases/curaleaf-announces-feed-the-block-program-to-address-hunger-in-several-states-301178656.html

SOURCE Curaleaf Holdings, Inc.

View original content: http://www.newswire.ca/en/releases/archive/November2020/23/c5177.html

SOURCE: Curaleaf Holdings, Inc.

COMTEX_374886855/2197/2020-11-23T08:30:00

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/zigman2/quotes/203485866/delayed
CA : Canadian Securities Exchange
$ 20.25
-0.40 -1.94%
Volume: 136,219
Feb. 25, 2021 12:03p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$14.11 billion
Rev. per Employee
N/A
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/zigman2/quotes/203485866/delayed
CA : Canadian Securities Exchange
$ 20.25
-0.40 -1.94%
Volume: 136,219
Feb. 25, 2021 12:03p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$14.11 billion
Rev. per Employee
N/A
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