A leading international provider of consumer products in cannabis, Curaleaf, announced the completion of its previously announced acquisition of Tryke Companies (“Tryke”) (dba as Reef Dispensaries), a privately held vertically integrated, multi-state cannabis operator. With the close of the transaction, Curaleaf’s national footprint has reached 29 cultivation sites and 144 dispensaries nationwide.
Matt Darin, CEO of Curaleaf, said, “As we continue to unite the strength of our brands, products and cultivation channels to lead the industry, we’re excited to join forces with Tryke to deliver additional value for our customers and retailers in Arizona, Nevada and Utah. This deal represents a significant opportunity with strong long-term growth potential, and we are now strategically positioned us to accelerate our growth in the West.”
Tryke Companies Highlights: Four recreational and medical dispensaries: two in Nevada and two in two in Arizona. Expansive product offering including a wide variety of in-house and third-party flower, concentrates, vape cartridges, edibles, topicals and CBD products. Extensive portfolio of processing licenses with 30,000 square feet of cultivation; capacity to expand to 80,000 square feet over the next three years.
Curaleaf is opening a new dispensary in North Scottsdale this month. Stay tuned to AZmarijuana.com for