Cura Partners, Inc. Announces Closing of $75 Million Private Placement Funding Round to Drive Further Expansion

PORTLAND, Ore.–(BUSINESS WIRE)–Cura Partners, Inc., one of the largest cannabis companies in the world,
announced that it has completed a private placement funding round of
approximately $75 million. The company also completed a $45 million
private placement in July 2018.

Cura’s President and Chief Executive Officer Cameron Forni said, “Since
our founding in 2015, Cura Partners has now attracted more than $125
million in private capital and we are on pace to generate sales in
excess of $120 million in 2018. This latest capital raise included
investments from leading cannabis industry institutional investors in
North America, Europe, Asia, Australia and the United Kingdom,
reflecting increasing global interest in the cannabis industry and, more
specifically, in our unique strategy and growth opportunities. We plan
to invest the proceeds in product development, brand marketing,
leadership talent and operational infrastructure to drive demand and
fulfillment capabilities in the increasing number of legal U.S. and
International markets.”

Bayline Capital Partners served as the Company’s capital markets advisor
and Goodmans LLP served as the Company’s Canadian legal advisor for the
offering.

ABOUT CURA PARTNERS, INC.

Cura Partners, Inc., the parent company of Cura Cannabis Solutions and
its affiliates, is one of the largest cannabis companies in the world
and on a mission to be the leading provider of cannabis oil in legal
U.S. and international markets. Our goal is to provide patients and
customers with the cleanest, most flavorful high-quality cannabis oils,
with the safest delivery methods available. Makers of the Select Oil and
Select CBD brands, Cura was established in Portland, Oregon in 2015. In
2018, we were named as one of the Top 100 Companies to Work For in
Oregon by Oregon Business Magazine, placing no. 12 in the Large
Companies category. We also placed no. 45 on the Inc. 5000 list and were
listed by Portland Business Journal as the fastest-growing companies in
Portland’s history in 2018. In addition to our home state of Oregon, we
are proud to have a large presence in Nevada, California, Arizona and
soon additional states and locations across North America and around the
world. Learn more at: www.curacan.com

Contacts

Cura Partners, Inc.
Ron Parham
Vice President, Investor
Relations
rparham@curacan.com

Jordan Rahmil
PR Director
jrahmil@curacan.com