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Replies to post #2801 on Curaleaf Holdings Inc. (CURLF)
FUNMAN
11/06/20 1:09 PM
#2803 RE: jimmy lipper #2801
The HMS asset sale includes the divestiture of operations in a 22,000 square foot co-located cultivation and processing facility in Frederick, MD. The total consideration due to Curaleaf of $27.5 million includes $25 million in cash due at closing as well as a $2.5 million interest bearing Note due and payable to Curaleaf on April 30, 2022. The transaction is expected to close pending customary closing conditions, including regulatory approval by the Maryland Medical Cannabis Commission.