Curaleaf & Tryke today announced Curaleaf has completed its acquisition of our world-class Tryke brand including Reef Dispensaries and our in-house brands. The announcement brings together two incredible forces in the cannabis industry.
Together Reef x Curaleaf are creating the new standard for Cannabis in Arizona, Nevada and beyond. One where cultivators, creators, and “people” people come together to guide our customers with their own, one-of-a-kind cannabis experience. One that’s uncomplicated, approachable and as unique as you are.
Founded in Arizona in 2014, Tryke has focused on growing and producing the finest and most consistent cannabis products on the market. Tryke has helped pioneer Nevada’s legal cannabis market from its inception in 2015. Tryke has refined processes to craft an ever evolving selection of products and brands at multiple price points.
Will the name Reef be changing?
Today, the stores you’ve known and loved will keep its name. Reef stores in Arizona & Nevada are remaining as Reef Dispensaries. The Tryke brand will keep its namesake in Arizona, Nevada, and beyond as well.
What does this mean for me, as a customer of Reef Dispensaries & Tryke brand products?
- Expect the same great selection at Reef, only better! Reef and Curaleaf will introduce you to more strains to choose from, and products on the shelf. From variety to the availability, you’ll soon start to see changes to your local store that provide a world-class shopping experience.
- Find your favorite products at more stores in the near future. Shop at a Reef & Curaleaf near you.
Will you be getting rid of any of my favorite products?
Our Planning teams work together to identify the best products for our customers, always. Your favorite products are likely not going anywhere. Stay tuned for updates about product additions and changes by signing up for texts & email.
Who is Curaleaf?
- Curaleaf is a leading medical and recreational marijuana dispensary retailer who serve patients and customers across multiple states. With many local dispensaries, Curaleaf has locations to serve most recreational and adult-use markets across the U.S.
- Curaleaf is a family of advocates and educators from diverse backgrounds, with a shared love of the power of cannabis. Along with Curaleaf’s portfolio of brands, Curaleaf is a leading source for cannabis products held to the highest standards of safety, effectiveness, quality, consistency and care.
- Curaleaf is one of the largest national retail dispensary brand in the U.S., as well as premium mainstream cannabis brand available in multiple states and product formats such as flower, prerolls, vape oils, concentrates, edibles, tinctures, and more.
When did Curaleaf announce its intent to acquire Tryke Companies?
Curaleaf announced to shareholders on November 8th, 2021, its intent to acquire Tryke Companies, owner of brands such as Reef Dispensaries Flower & Prerolls, Dutcheez 2-Pack Hemp Blunts, Anti-Gravity Infused Prerolls, Tryke Concentrates, Tryke Edibles (Highwire licorice, gummies, cookie/brownie bites, syrups, tinctures & more). Plus Tryke is the official licensed grower/producer of Khalifa Kush brand products in NV, AZ, & beyond.
Why did Curaleaf buy Tryke Companies?
“We believe Tryke represents a unique opportunity to join forces with another industry leading pioneer that shares Curaleaf’s commitment to legalization and expansion. The merger provides even more opportunities for Curaleaf and Tyke customers to receive quality products at the best prices.” Boris Jordan, Founder and Executive Chairman of Curaleaf.
Will pricing change?
Providing our customers with the very best products at the best price is incredibly important to us. Know that our experts have taken the time to price our products competitively in the market and will continue to promote product discounts weekly.
I still have questions, where can I learn more?
Reach out to us by filling out our “Contact Us” page and a customer service agent will respond to you as soon as possible.
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 opening of a new dispensary in Allentown, Pennsylvania. 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 matter described in this new release. 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. 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 March 9, 2022, 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 Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
INVESTOR CONTACT
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment Officer
IR@curaleaf.com
MEDIA CONTACTS
Curaleaf Holdings, Inc.
Tracy Brady, SVP Corporate Communications
media@curaleaf.com
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