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Curaleaf leads cannabis stocks higher after unveiling its latest all-stock deal

Ciara Linnane
Curaleaf leads cannabis stocks higher after unveiling its latest all-stock deal

Curaleaf Holdings Inc. shares soared Wednesday to lead the cannabis sector higher, after the company announced it is acquiring Cura Partners, the parent of the Select brand, in an all-stock deal valued at C$1.27 billion, or about $949 million.