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Gesmer Updegrove client Curaleaf acquires Grassroots, becoming largest cannabis company in the world

Gesmer Updegrove LLC advised its client Curaleaf Holdings, Inc. (“Curaleaf”) in the acquisition of GR Companies, Inc. (“Grassroots”).

This acquisition results in Curaleaf becoming the largest cannabis company in the world, with operations in over 23 states, including 135 dispensary licenses, 88 operational dispensaries, 30 processing facilities and 22 cultivation sites.

Gesmer Updegrove served as reorganization counsel in connection with the roll-up and consolidation of the Grassroots entities into Curaleaf. The Curaleaf team at Gesmer Updegrove is led by partner, Sarah Richmond, and attorney, Jeremy Cohen.

See the Curaleaf press release here.