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Viacom Expands Digital Footprint at 2019 NewFront

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Viacom’s Flagship Brands Join Pluto TV’s Channel Lineup on May 1

Viacom Digital Studios to Produce Premium Original Series Across
Awesomeness, BET, Comedy Central, MTV and Nickelodeon for Facebook,
Snap, Twitter, YouTube, Hulu and Netflix

VidCon Celebrates 10th Anniversary with New Partnerships and All-Star
Line-up of Featured Creators

Special Appearances by David Spade, Annie LeBlanc, Jayden Bartels, Marc
Lamont Hill, Eva Gutowski, Brent Rivera, Nala Cat and more…

*Click HERE
for art

NEW YORK–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24VIAB&src=ctag” target=”_blank”gt;$VIABlt;/agt; lt;a href=”https://twitter.com/hashtag/ViacomNewFront?src=hash” target=”_blank”gt;#ViacomNewFrontlt;/agt;–Viacom Inc. (NASDAQ: VIAB, VIA), home to the world’s premiere
entertainment brands, today announced the introduction of Viacom’s
flagship networks to Pluto TV’s channel lineup and a new slate of
original digital programming during its second-annual NewFront event at
the PlayStation Theater.

“We’re excited to return to the NewFronts after a year of rapid digital
acceleration and momentum across the leading social and online video
platforms,” said Kelly Day, President of Viacom Digital Studios. “Our
remarkable growth continues to be driven by an investment in premium
original programming and experiences that engage our young, diverse
audiences on the platforms they love most, presenting an unprecedented
opportunity for our advertising partners to join the conversation.”

Viacom Digital Studios shared its plans to produce new and returning
original series around major tentpole events, linear franchises and the
most popular digital shows from Awesomeness, BET, Comedy Central, MTV
and Nickelodeon. Viacom is also teaming up with big-name stars and
fan-favorite digital talent to deliver entirely new programming across
Facebook, Snap, Twitter and YouTube for Viacom’s more than 880 million
fans — the largest social footprint among entertainment companies.

The new content slate includes: “How to Survive: A Break-Up,” Eva
Gutowski stars in this AwesomenessTV scripted romantic comedy series
about the heartbreaking, and sometimes hilarious, steps to getting over
a messy break-up and maybe finding new love along the way; “Black
Coffee,”
BET’s daily morning talk show starring Marc Lamont Hill
that catches up with Black Twitter’s liveliest conversations and
features news-making interviews with top celebrities, athletes, and
social media stars; untitled late-night show from David Spade, Comedy
Central’s new late-night show hosted by David Spade will launch
show channels and publish content across YouTube, Facebook, Instagram
and Twitter; “MTV No Filter: Tana Turns 21,” follows Tana
Mongeau and her crazy crew for a behind-the-scenes look as they navigate
vlog life, studio time, partying and the occasional controversy; “SpongeBob
Smarty Pants Game Show,”
a digital game show from Nickelodeon where
two SpongeBob superfans compete to win The Golden Pineapple by answering
trivia questions, completing messy stunts and competing in
SpongeBob-themed games.

Viacom also announced that its flagship networks will launch on Pluto
TV, the leading free streaming television service in the U.S. with more
than 15 million monthly active users. BET, Comedy Central, MTV and
Nickelodeon will debut channels on May 1, with content from Viacom’s
extensive library of iconic IP through three categories of branded
channels: Co-Branded Flagship Channels that are curated versions of
Viacom’s leading networks; Signature Channels with the most celebrated
and diversified programming from each brand; and Pop-Up Channels that
deliver binge-worthy series in marathon-style airings, starting with
MTV’s “The Hills” — just in time for the highly anticipated revival
series “The Hills: New Beginnings” premiering Monday, June 24.

“We are thrilled to expand the Pluto TV offering with the addition of
Viacom’s world-class channel brands and iconic programming. This is a
major step forward in our mission of entertaining the planet,” states
Tom Ryan, CEO & Co-Founder of Pluto TV. “Viacom has been entertaining
audiences for decades with evergreen content that is bold, daring and
inspires worldwide fandom. These channels are guaranteed to provide
endless entertainment to both new and existing Pluto TV viewers.”

VidCon will welcome 75,000 attendees at its 10th anniversary flagship
event in Anaheim, California this July. In partnership with the IAB,
VidCon announced the addition of The Direct Brand Summit at VidCon, an
Industry Track programming block that will explore how direct brands are
using the power of online video to build relationships with consumers.
Additionally, an all-star lineup of featured creators will be joining
the celebration, including Annie LeBlanc, Simmi Singh, Rhett and Link,
Tessa Violet, The Bramfam and more.

Since the launch of Viacom Digital Studios, Viacom brands have seen
year-over-year domestic increases in social video views and watch time
by 83% and 119%, respectively, with a global average of 4 billion views
and over 6 billion minutes watched each month.

“We have made incredible strides over the past year due to our
acquisitions and expansion to grow our digital reach significantly to
the direct benefit of our advertising partners,” said Sean Moran, Head
of Ad Solutions, Viacom. “With more touch points than ever before, we
look forward to leveraging the full scale and power of Viacom to help
our clients create real, authentic connections with our highly coveted
and hard-to-reach young audiences wherever they are.”

With the addition of Pluto TV, Viacom’s digital video impressions will
grow to 5 billion impressions per month by next year.

Additional announcements included the following across Awesomeness, BET,
Comedy Central, MTV, Nickelodeon, Pluto TV and VidCon.

Pluto TV to Add All-New Viacom Brand Channels to its Offering

Beginning May 1, Viacom will premiere new channels from its flagship
brands and library of iconic IP for Pluto TV:

  • Co-Branded Flagship Channels:
    Specially curated versions of Viacom’s most iconic networks.

    • BET Pluto TV: Kick back and enjoy the best of Black
      Hollywood through all of your favorite urban movies! Featuring
      hundreds of hours of classic films and box office hits, this
      channel is guaranteed to have everything you’ve been waiting for
      in one place. Grab a snack and get comfortable. You’re going to be
      stuck here for a while.
    • Comedy Central Pluto TV: Comedy Central Pluto TV is the
      destination for the best in iconic original comedy series, late
      night, sketch, animation and a whole lot more. It features
      specials from “The Daily Show with Trevor Noah” and a nonstop
      stash of classic episodes of “Tosh.0,” “Another Period,” “Ugly
      Americans,” among plenty of others. In short, if you’re looking
      for something funny, we have good news: you just found it.
    • MTV Pluto TV: Looking to escape the everyday? Get your
      party started and take a dive into the most iconic reality and
      dating shows that only MTV can deliver, including hits like “16 &
      Pregnant,” “MTV Cribs,” “Are You the One?” and “Punk’d.” You want
      your MTV Pluto!
    • Nick Pluto TV: Welcome to Nick Pluto TV where you can watch
      your favorite classic shows from “All That,” “Teenage Mutant Ninja
      Turtles,” “The Fairly Odd Parents,” “iCarly” and more! It’s all on
      Nick Pluto TV.
    • Nick Jr. Pluto TV: Welcome to Nick Jr. Pluto TV where
      you’ll find your preschooler’s favorite friends from classic
      “Blue’s Clues,” “Dora the Explorer,” “Wallykazam” and many more
      hit Nick Jr. Pluto TV shows.
    • Spike Pluto TV: The first network for men is on Pluto TV!
      Spike features series like “Duck Dynasty,” “Pit Boss” and “Cajun
      Pawn Stars,” starring people who play by their own set of rules.
      It’s your one stop shop for bold, unapologetic entertainment.
  • Signature Channels: These channels
    hone in on the most celebrated and differentiated programming from the
    flagships – spinning them into dedicated, themed channels.

    • CMT Westerns: Saddle up with CMT Westerns, the best place
      to kick off your boots and find your favorite country movies.
    • Comedy Central Stand-Up: Are you looking for groundbreaking
      stand-up comedy? Well, you just hit the jackpot. Comedy Central is
      the ultimate stand-up source, opening its iconic vault for Pluto
      TV by featuring content from the world’s best comedians. Whether
      you’re revisiting classic stand-up series from Dave Attell and
      John Oliver or discovering early performances from John Mulaney
      and Amy Schumer, Comedy Central Stand-Up is a gold mine of series
      and specials that’ll keep you up all night laughing until your
      parents, spouse or roommates beg you to turn it off.
    • MTV Dating: Get cozy with some of the most buzzed about
      reality dating show hits like “NEXT” and “Parental Control.” Do
      the romantic hopefuls ever find true love? Maybe, maybe not — but
      we sure don’t mind watching them try and try again!
    • MTV Guy Code: Consider this your man cave, an escape to
      catch favorite episodes of “Beavis & Butthead,” “MTV Guy Code,”
      “Rob & Big” and “Rob Dyrdek’s Fantasy Factory.”
    • MTV Teen: Is the one-stop shop for teen content, including
      shows like “Made” and “My Super Sweet 16,” with an abundance of
      OMGs, LOLs and cringe-worthy moments.
    • Paramount Movie Channel: The most storied movie studio in
      Hollywood is throwing open its gates with the Paramount Movie
      Channel, featuring the greatest movies of the past century all in
      one place, 24 hours a day.
    • Spike Outdoors: The first network for outdoors-men! Spike
      Outdoors goes all out with a full slate of shows featuring guys
      making their living off the land. Man up with the modern day
      adventurers in “Tougher in Alaska,” “River Monsters,” “Bering Sea
      Gold” and more! If it’s high octane outdoor shows you crave,
      journey no further than Spike Outdoors!
  • Pop-Up Channels: Channels present
    binge-worthy series, in marathon-style airings.

    • MTV’s The Hills: Just in time for the highly-anticipated
      revival series, “The Hills: New Beginnings,” premiering on Monday,
      June 24th, viewers can catch up on the series that changed the
      reality TV landscape and look back at the most unforgettable and
      iconic moments from the past seasons of “Laguna Beach” and “The
      Hills.”

Viacom Digital Studios to Develop Even More Premium Original Series

In addition to bringing back many of its popular digital series for new
seasons and spinoffs, Viacom also announced new original programming and
talent partnerships on stage — including new Snap Originals made
exclusively for Snapchat and the first Viacom shows out of our
partnership with Facebook’s digital publisher and creator video
incubation program for Facebook Watch:

Awesomeness:

  • Brent Rivera’s Dream Vacation (AwesomenessTV YouTube Channel;
    Summer 2019):
    Join Brent Rivera and his friends as they ditch the
    LA grind for the vacation of a lifetime.
  • How to Survive: A Break-Up (AwesomenessTV YouTube Channel; Summer
    2019):
    YouTuber Eva Gutowski stars in this scripted romantic
    comedy series about all the heartbreaking, and at times hilarious,
    steps to getting over a messy break-up and maybe finding new love
    along the way.
  • Light as a Feather Season Two (Hulu; July 26 & Oct. 4, 2019): Having
    inherited the curse brought on by the lethal game of “Light As A
    Feather,” McKenna finds herself plagued by the mysterious chrysalis on
    her back, a ticking clock compelling her to play a new round of the
    game… But McKenna refuses, unwilling to put anyone else in harm’s way.
    However, as the curse begins to destroy her from the inside out, she’s
    forced to turn to the only person who can possibly help her — Violet.

BET:

  • Black Coffee (YouTube, Facebook Watch, Twitter, O&O Coming 2019):
    Black Coffee is an original digital talk series starring Marc
    Lamont Hill. This daily morning show promises to make sure viewers
    “stay woke” by catching up with Black Twitter’s liveliest
    conversations. Marc will be joined by guests representing some of this
    generation’s most influential voices and the show will feature daily
    Twitter exclusive discussions around some of social media’s trendiest
    topics. These segments will provoke passionate conversations from
    viewers on engaging and relevant topics.
  • De’Arra & Ken’s Prank Show (Snap Original; Coming 2019): YouTube
    stars De’Arra and Ken team up with couples who want to prank their
    significant other, and challenge each other to see who can pull off
    the same prank best.
  • Two Grown (YouTube, Facebook Watch, O&O May 1, 2019): Two
    twenty-something women recently move to New York and hilariously
    struggle with growing up and pursuing their dreams. Jourdan Guyton and
    Alana Johnson star in this smart comedy full of wit and charm.

Comedy Central:

  • Comedy Central Creators Program – Sydnee Washington (YouTube,
    Facebook Watch, Twitter and Instagram; April 2019):
    The Comedy
    Central Creators Program welcomes Sydnee Washington, whose humor and
    takes on topics like vanity, bisexuality, and partying safely as a
    woman are both unique and refreshing.
  • untitled late-night show from David Spade (YouTube, Facebook Watch,
    Twitter, Instagram, O&O Summer 2019):
    Our new late-night
    series hosted by David Spade will be launching show channels and
    publishing content across YouTube, Facebook, Instagram and Twitter.
  • Gus Johnson Overall Talent Deal (YouTube; Summer 2019): Gus
    Johnson has signed an overall deal with Viacom Digital Studios to
    create monthly original videos for Comedy Central, in addition to more
    episodes of his “Low Budget” series. He will also star in a number of
    Comedy Central’s existing social series, including “That’s an App” and
    “As Seen on CC.”
  • Second Chances with Jason Nash (YouTube; Summer 2019): Forty-something
    comedian and digital star, Jason Nash, takes a shot at all the life
    experiences he missed out on in his youth.
  • The Daily Show Digital Expansion (YouTube, Facebook Watch, Twitter,
    Instagram, O&O April 2019):
    Viacom Digital Studios has
    invested in the expansion of The Daily Show’s digital presence with
    several new digital exclusive formats and series in development.

MTV:

  • 3 Days With… (YouTube; Coming 2019): Told through our unique
    MTV lens, this new docu-series will provide unfiltered access to both
    up-and-coming and established artists.
  • Drag My Dad (Facebook Watch; Summer 2019): Hosted by Bob the
    Drag Queen, this makeover show with a heart showcases dads who choose
    to get closer to their children by, believe it or not, turning
    themselves into fabulous divas.
  • MTV No Filter: Tana Turns 21 (YouTube; Summer 2019): The first
    installment of MTV’s new “No Filter” reality series will follow social
    media wild child Tana Mongeau and her crazy crew as they navigate vlog
    life, studio time, partying and finally becoming adults.
  • Next Big Dance Move (YouTube; July 2019): Three contestants
    will perform what they think is the next big dance move in front of an
    esteemed panel of judges.
  • Wild ‘N Out (Twitch; Summer 2019): Since “Wild ’N Out” fans
    love video games, we’re launching a dedicated Twitch channel for show
    personalities to play alongside fans.
  • Wrong Distance Relationship (Snap Original; June 4, 2019): “Wrong
    Distance Relationship” is a docu-drama series following the evolution
    of three couples around the country trying to keep their romance alive
    in the most dire of circumstances.

Nickelodeon:

  • Annie vs. Hayley Season 2 (YouTube; Coming 2019): After their
    LeBake Battle, your favorite competitive sisters are back for more.
    Annie and Hayley LeBlanc will put their design and style skills to the
    test in a series of DIY challenges in new episodes of Annie vs. Hayley.
  • Jayden’s Dance Throwdown (YouTube; Coming 2019): Dancers from
    every corner of the Internet are stepping up against Internet
    sensation Jayden Bartels in a series of epic head-to-head dance-offs.
    The challengers may be masters of their craft, but they’ll have to
    adapt and overcome when Nickelodeon throws some serious curveballs
    into their routines. Who will Nickelodeon fans crown the winner? Find
    out on “Jayden’s Dance Throwdown.”
  • JoJo and BowBow Show Show Season 2 (YouTube; Coming 2019): JoJo
    Siwa & Bow Bow are back! Join this pair as they go on brand new
    animated adventures with a pack of new pals and their furry friends.
  • SpongeBob Smarty Pants Game Show (SpongeBob YouTube Channel,
    Facebook; Coming 2019): “
    SpongeBob Smarty Pants” is a digital game
    show where two SpongeBob superfans compete to win The Golden Pineapple
    by answering trivia questions, completing messy stunts and competing
    in SpongeBob-themed games! There will be special live episodes of the
    show broadcast across Nickelodeon’s social accounts.
  • Throw Back with Nickelodeon (Facebook Watch; Summer 2019): Digital
    star Anthony Padilla sits down and waxes nostalgic with some of your
    favorite Nick stars from the past.

VidCon Celebrates its 10th Anniversary

VidCon made a series of announcements ahead of the 10th anniversary of
VidCon US, taking place July 10-13 in Anaheim, CA:

  • Fan-Favorite Featured Creators: Some of the world’s top digital
    talent are confirmed to participate at VidCon this summer as Featured
    Creators, including Annie LeBlanc, Simmi Singh, Rhett and Link, Tessa
    Violet, The Bramfam, Paula Galindo, Joana Ceddia, the Dobre Brothers,
    and Sean Evans.
  • Industry Track Partnership with the IAB: Announced as part of
    the Industry Track, The Direct Brand Summit will take place on Friday,
    July 12th. The summit will feature a keynote from IAB’s CEO Randall
    Rothenberg and curated programming specific to building direct brands
    in the online video space, with a special focus on core themes like
    brand safety, compliance, working with digital talent and more.
  • Community Track Partnership with The Dodo: VidCon is partnering
    with The Dodo to bring the first ever co-branded programming section,
    “The Dodo Pet Zone,” to the Community Track this July. The Dodo will
    program sessions featuring the Internet’s most beloved pets, including
    Manny the Frenchie, Nala Cat, Walter Geoffrey the Frenchie, Venus the
    Two Face Cat and Norbert the Dog among others. Nala Cat also makes a
    special guest appearance at the NewFront.

About Viacom

Viacom creates entertainment experiences that drive conversation and
culture around the world. Through television, film, digital media, live
events, merchandise and solutions, our brands connect with diverse,
young and young at heart audiences in more than 180 countries.

For more information on Viacom and its businesses, visit www.viacom.com.
Keep up with Viacom news by following us on Twitter (twitter.com/viacom),
Facebook (facebook.com/viacom)
and LinkedIn (linkedin.com/company/viacom).

Contacts

Viacom
Karen Shosfy
[email protected]

Viacom
Casey
Moynagh
[email protected]


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Cannabis

Cannabis Capsule Global Analysis Report 2024: Market to Reach $79.2 Billion in 2028 – Forecast to 2033 Featuring GW Pharmaceuticals, Trulieve Cannabis, Green Thumb Industries, Tilray, Columbia Care

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Innocan

Innocan Pharma Initiates FDA Approval Process for Liposome Injection Therapy for Chronic Pain

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With its submission of a Pre-IND Meeting Request Letter, Innocan initiates the regulatory process with the U.S. Food and Drug Administration (FDA) for the approval of its prolonged CBD release technology for human use

HERZLIYA, Israel and CALGARY, AB, April 22, 2024 /PRNewswire/ — Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) (“Innocan” or the “Company”), is pleased to announce that is has reached a key milestone: the Company submitted its letter of application for a Pre-IND meeting, the first phase in the FDA approval process in the United States for Innocan’s Liposome-Cannabidiol (LPT-CBD) injectable treatment of chronic pain.

With the global market for pain therapeutics widely expected to exceed US$100 billion by 2032[1], LPT therapy which requires only one single monthly subcutaneous injection, is positioned as a highly attractive alternative to opioid-based approaches. Opioids have and continue to take a significant human toll in recent years, with more than three-quarters of drug overdose deaths in the United States involving opioids, according to the United States Center for Disease Control and Prevention[2].

Innocan’s therapy has shown consistent efficacy in multiple pre-clinical trials in recent years of it’s LPT-CBD injectable treatment through prolonged and controlled release of CBD in animals with chronic pain conditions. Innocan’s Pre-IND Meeting Request Letter to the FDA is a key milestone and important first step in seeking approval of its LPT-CBD therapy for use in humans. At the Pre-IND meeting, the objective will be to obtain guidance from the FDA on the preclinical and clinical development plan, enabling the initiation of an Investigational New Drug (IND) program in the United States.

Iris Bincovich, CEO of Innocan, commented: “We are extremely excited to embark on this next stage in the development of LPT-CBD injectables, this is a major Milestone for Innocan Pharma. We have invested significant effort and many thousands of person-hours in its research and development, accumulating a wealth of preclinical data that will serve as the foundation for our participation in the FDA process. This is a key milestone for Innocan and marks our first step towards the FDA’s recognition of our technology. We see significant potential for our therapy, with an addressable market for pain management therapeutics expected to exceed US $100 billion by 2032, and we look forward to tapping that.

Dr. Joseph Pergolizzi, Innocan’s FDA Advisory Board Member, added:

“We have worked hard to catalogue the data collected as part of our animal LPT therapy testing program and prepare it for the FDA. We look forward to working under FDA guidance, with the goal of completing the review process as quickly and efficiently as possible. We believe that Innocan’s unique treatment method, if and when it should become FDA-approved has the potential of being a highly valuable non-opioid addition in the medical arsenal of the management of chronic pain.”

About Innocan

Innocan is a pharmaceutical tech company that operates under two main segments: Pharmaceuticals and Consumer Wellness. In the Pharmaceuticals segment, Innocan focuses on developing innovative drug delivery platform technologies based on advanced cannabinoids science, to treat various conditions to improve patients’ quality of life. This segment involves two drug delivery technologies: (i) LPT CBD- loaded liposome platform facilitating exact dosing and the prolonged and controlled release of CBD into the blood stream. The LPT delivery platform research is in the preclinical trial phase for: Pain Management. In the Consumer Wellness segment, Innocan develops and markets a wide portfolio of innovative and high-performance self-care products to promote a healthier lifestyle. Under this segment, Innocan has established a joint venture by the name of BI Sky Global Ltd. that focuses on advanced targeted online sales. https://innocanpharma.com/

For further information, please contact:

For Innocan Pharma Corporation:
Iris Bincovich, CEO

+1-516-210-4025

+972-54-3012842

+442037699377
[email protected]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary note regarding forward-looking information

Certain information set forth in this news release, including, without limitation, information regarding research and development, collaborations, the filing of potential applications with the FDA and other regulatory authorities, the potential achievement of future regulatory milestones, the potential for treatment of conditions and other therapeutic effects resulting from research activities and/or the Company’s products, requisite regulatory approvals and the timing for market entry, is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Innocan’s control. The forward-looking information contained in this news release is based on certain key expectations and assumptions made by Innocan, including expectations and assumptions concerning the anticipated benefits of the products, satisfaction of regulatory requirements in various jurisdictions and satisfactory completion of requisite production and distribution arrangements.

Forward-looking information is subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include but are not limited to: general global and local (national) economic, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; and relationships with suppliers, manufacturers, customers, business partners and competitors. There are also risks that are inherent in the nature of product distribution, including import / export matters and the failure to obtain any required regulatory and other approvals (or to do so in a timely manner) and availability in each market of product inputs and finished products. The anticipated timeline for entry to markets may change for a number of reasons, including the inability to secure necessary regulatory requirements, or the need for additional time to conclude and/or satisfy the manufacturing and distribution arrangements. As a result of the foregoing, readers should not place undue reliance on the forward-looking information contained in this news release concerning the timing of launch of product distribution. A comprehensive discussion of other risks that impact Innocan can also be found in Innocan’s public reports and filings which are available under Innocan’s profile at www.sedar.com.

Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Innocan does not undertake to update, correct or revise any forward looking information as a result of any new information, future events or otherwise, except as may be required by applicable law.

[1] https://www.gminsights.com/industry-analysis/pain-management-drugs-market

[2] https://www.cdc.gov/opioids/data/index.html

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Curaleaf

Curaleaf Completes Acquisition of Northern Green Canada

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Bolsters Company’s Advantage in Several Key Emerging Markets, including Australia, New Zealand, Germany, Poland and the United Kingdom

NEW YORK, April 22, 2024 /PRNewswire/ — Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer cannabis products, announced today the closing of its acquisition of Northern Green Canada (“NGC”), a vertically integrated Canadian licensed cannabis producer focused primarily on expanding in the international market through its EU-GMP certification. The accretive acquisition amplifies the Company’s strategic advantage in established European markets including Germany, Poland and the United Kingdom and provides a foothold in the emerging markets of Australia and New Zealand.

Integrating NGC’s international operation will equip Curaleaf with a secure and consistent high quality, non-irradiated, indoor EU-GMP flower supply, essential to maintaining its leading positions in Germany, the United Kingdom and Poland.

“We are thrilled to welcome NGC formally to the Curaleaf family of global brands,” said Boris Jordan, Founder and Executive Chairman of Curaleaf. “This is an incredibly important deal for our international expansion strategy, as we’ll be able to bolster our supply of high quality EU-GMP certified flower immediately to key European markets as well as enter the fast-growing markets of Australia and New Zealand.”

The global cannabis market is projected to generate $55 billion in sales by 2027. Emerging markets beyond the United States and Canada, including Germany, Australia and New Zealand are expected to contribute $6.3 billion of the $55 billion projection.

Terms of the acquisition of NGC include an initial payment at closing of the Company’s Subordinate Voting Shares valued at approximately US $16 million, subject to a typical post-closing adjustment. An earnout may also be paid in 2025 based upon 2024 performance of NGC’s operations, up to 50% of which will be cash and the rest paid in additional Subordinate Voting Shares. The issuance of Subordinate Voting Shares in connection with the acquisition of NGC has been conditionally approved by the Toronto Stock Exchange, subject to fulfilling customary listing conditions.

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 and Zero Proof 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 expected benefits of the acquisition of NGC, and the Company’s planned expansion on internal markets, the Company’s anticipated strategic advantages in European markets and emerging markets, the integration of NGC’s internal operations, the anticipated global cannabis market, and the listing of shares issuable in connection with the acquisition on the Toronto Stock Exchange. 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 matters described in this new release, including the Company’s ability to successfully realize the expected benefits of the acquisition, and the Company’s ability to fulfil the listing conditions imposed by the Toronto Stock Exchange. 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, including the failure to realize the expected benefits of the acquisition, or the Company’s failure to fulfil the listing conditions imposed by the Toronto Stock Exchange. 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 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.

INVESTOR CONTACT
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment Officer
[email protected]

MEDIA CONTACT
Curaleaf Holdings, Inc.
Tracy Brady, SVP Corporate Communications
[email protected]

View original content:https://www.prnewswire.co.uk/news-releases/curaleaf-completes-acquisition-of-northern-green-canada-302123010.html

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