MJBizMag January 2023 - 13

FIVE QUESTIONS
for liquidity being accessible to the
larger investor base.
Do you still see a lot of
opportunity in New York?
We're very optimistic.
I think people need to relax a
little bit with the proclamations
that New York is never going to
launch adult use, or it's not going to
include the medical market participants,
or it's going to be California
all over again.
We would love to see it moving
faster, but these things take time.
There's been a lot of confusion
regarding what the (New York
Office of Cannabis Management)
has planned, and I think a lot
of the confusion stems from
the CAURD program, which is a
separate program from the adultuse
program for the registered
organizations (ROs) like Curaleaf
that are currently participating in
the medical market.
People read certain rules and
interpret that to say that the ROs
would be subject to all those, but
there are actually two different
programs.
We still expect the rules for the
adult-use program in addition to the
CAURD program to get published in
the first part of the year and then,
ultimately, to see adult use get
launched later in the year.
But New York's a state of
20 million people. It's going to be
the hub of the East Coast at some
point. It's got a great cannabis
legacy history.
There's going to be a big enough
market that has a role to play for all
of the social equity entrants as well
as the incumbents.
Does Curaleaf have any more
plans for M&A?
We just closed the ($181 million)
Tryke acquisition.
It's probably the biggest transaction
that has closed in cannabis
in quite a while. So, we're still integrating,
digesting that.
We're always on the lookout for
opportunities, but we're being very
judicious with our filter on deals
because there's going to be a lot of
opportunities next year.
This interview was edited for length
and clarity.
Kate Robertson
is a reporter for
MJBizMagazine. Reach
her at kate.robertson@
mjbizdaily.com.
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MJBizMag January 2023

Table of Contents for the Digital Edition of MJBizMag January 2023

MJBizMag January 2023 - 1
MJBizMag January 2023 - 2
MJBizMag January 2023 - 3
MJBizMag January 2023 - 4
MJBizMag January 2023 - 5
MJBizMag January 2023 - 6
MJBizMag January 2023 - 7
MJBizMag January 2023 - 8
MJBizMag January 2023 - 9
MJBizMag January 2023 - 10
MJBizMag January 2023 - 11
MJBizMag January 2023 - 12
MJBizMag January 2023 - 13
MJBizMag January 2023 - 14
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MJBizMag January 2023 - 17
MJBizMag January 2023 - 18
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