Marijuana Firm Curaleaf Makes Stock Trading Debut In Canada With $4B Valuation

Massachusetts-based Curaleaf made its trading debut on the Canadian Securities Exchange on Monday after a $400 million private placement.

The multistate cannabis firm raised almost three times its initial offering target of $150 million, giving the company a valuation of $4 billion.

The company has nearly 30 dispensaries,  12 cultivation facilities and nine processing plants across 12 states, including Florida, New York and Oregon. It also has pending licenses in California and Pennsylvania.

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