A program of the Company's 'Rooted in Good'
Corporate Social Responsibility platform, Feed the Block has raised
over $450,000 to provide resources
for local organizations nationwide
STAMFORD, Conn., Aug. 1, 2024
/CNW/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF)
("Curaleaf'' or the "Company"), a leading international provider of
consumer cannabis products, today announced the launch of its
fourth annual multi-state fundraising initiative, Feed the Block.
From August 1 until August 31, Feed the Block invites members of the
Curaleaf community to join the fight against food insecurity by
participating in the Company's fundraiser to support locally run
organizations, working to provide resources for those in need.
Launched in 2020, Feed the Block is an annual fundraising event
allowing medical patients and adult-use consumers to round up
dispensary purchases to the nearest dollar at their local Curaleaf
retail location. To date, the combined efforts of Curaleaf and its
cannabis community have generated over $450,000 in donations to local organizations that
directly support the communities Curaleaf operates in. One hundred
percent of patient donations will go toward organizations helping
the hungry, and Curaleaf will match 25% of the total donations to
the program during the month of August.
"It is a privilege to stand alongside our incredible,
mission-driven nonprofit partners as we renew our commitment to
supporting the communities we serve," said Matt Darin, CEO of Curaleaf. "The contributions
from our valued medical patients and adult-use consumers is an
integral component of our ability to support local food programs
that bring hunger relief to affected communities in our local
areas. We're proud to continue this program for the fourth year,
and are happy to match donations by 25 percent."
Feed the Block addresses one of the most pressing societal
issues — food insecurity. Nearly one in ten Americans
live in households where there was either sometimes or often not
enough food to eat over the past week. Globally, almost 282
million people in 59 countries and territories experienced
high levels of acute hunger in 2023, a 9.3% increase from the
previous year. As food costs rise, the United Nations projects
nearly 600 million people could face food insecurity by
2030, highlighting the immense challenge ahead. The program is
focused on raising funds in August because many low-income families
rely on food banks throughout the summer as they aren't able to
access free meals from local schools. This makes August an
important month to support food banks as they have been depleted
during the summer.
"We are deeply touched by Curaleaf's commitment to our
community," stated Judith Cruz,
President & CEO of Treasure Coast Food Bank, Curaleaf's
Florida partner for Feed the Block
for the fourth year. "The company's support through Feed the Block
has enabled us to provide 709,267 meals over the past two years,
making a tangible impact in helping to nourish countless lives
across Florida. Please join us in
thanking Feed the Block!"
Feed the Block is a facet of Curaleaf's Rooted in Good platform,
a corporate social responsibility endeavor designed to positively
impact the communities it serves through social equity,
sustainability, strategic partnerships, and diversity, equity, and
inclusion efforts. Currently, Rooted in Good develops programming
focused on mitigating the collateral consequences of the war on
drugs through five main national causes: social justice, wellness,
health, medical cannabis education, and food insecurity. From the
420x25 supplier diversity initiative to launching its nationally
recognized social equity-focused brand with partner B NOBLE,
Curaleaf has remained committed to running an impactful business
rooted in community. To learn more about Rooted in Good and
Curaleaf's corporate social responsibility initiatives, please
visit https://curaleaf.com/rooted-in-good.
Patients and customers can support Feed the Block at Curaleaf
stores in 13 states this August, by rounding up each purchase
at-register to benefit respective local organizations. Learn more
about each state's beneficiaries online here:
https://curaleaf.com/blog/feed-the-block-2024.
About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX:
CURA) (OTCQX: CURLF) ("Curaleaf") 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, JAMS, Find, Zero Proof and The Hemp
Company provide industry-leading service, product selection and
accessibility across the medical and adult use markets. Curaleaf
International is the largest vertically integrated cannabis company
in Europe with a unique supply and
distribution network throughout the European market, bringing
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. For more information, please
visit https://ir.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 the Feed the Block fundraising
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
uncertainties is contained under "Risk Factors and Uncertainties"
in the Company's latest annual information form filed on
March 6, 2024, which is available
under the Company's SEDAR profile at http://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
Toronto Stock Exchange has not reviewed, approved or disapproved
the content of this news release.
Contacts:
Investor Contact:
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment
Officer
IR@curaleaf.com
Media Contact:
Curaleaf Holdings, Inc.
Jordon Rahmil, VP of Public Relations
media@curaleaf.com
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SOURCE Curaleaf Holdings, Inc.