Curaleaf adult-use license in New Jersey renewed after legal challenge

Curaleaf Holdings

17/04/2023 20:06

April 17 (Reuters) - Cannabis firm Curaleaf Holdings Inc
 CURA.CD  said on Monday the Board of the New Jersey Cannabis
Regulatory (CRC) reversed an earlier decision and voted to
approve Curaleaf's adult-use cannabis licenses.
    Curaleaf shares plunged 7.2% on Friday after CRC denied
Cualeaf's renewal of its cultivation and retail licenses for
adult use, according to the New Jersey government's website.

 (Reporting by Arshreet Singh; Editing by Krishna Chandra Eluri)
 ((Arshreet.Singh@thomsonreuters.com; Twitter: https://twitter.com/Arshreets;))