Curaleaf Holdings, Inc. Issues Fact Sheet Regarding Aurora Cannabis Statements

Curaleaf Holdings, Inc. has issued a fact sheet to address statements made by Aurora Cannabis Inc. concerning Curaleaf's proposal to acquire Aurora. Curaleaf aims to provide shareholders with accurate information to evaluate the offer. The fact sheet refutes several claims made by Aurora, including allegations that Curaleaf's offer undervalues Aurora, that Aurora's standalone plan will create more value, and that Curaleaf's shares are overvalued. Curaleaf highlights its offer's premium, its own strong financial performance and cash flow generation, and disputes Aurora's claims about its financial health and strategy. The company also addresses concerns regarding its leverage, the transaction's cap structure, and governance, emphasizing its leadership in the cannabis market and alignment with shareholder interests. Curaleaf asserts that Aurora has not engaged in substantive discussions regarding the offer price and that its proposed acquisition offers significant value and strategic advantages.