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Curaleaf Modifies Lockup Agreement Again


In the latest in a series of modifications, Curaleaf (OTC: CURLF) and Cura Partners shareholders agreed to revise the lockup agreement for the shares of the former company.

On Wednesday, Curaleaf announced that dating from the close of its pending acquisition of Cura Partners (owners of the Select Brand), 5% of applicable outstanding shares would be freed for sale on the last day of each calendar quarter. In the previous arrangement, that level was 15%. The first end-of-quarter date will be March 31.

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Source Fool.com

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