Matt Bottomley

Russell Stanley

Aaron Grey

Frederico Gomes

Pablo Zuanic

Eric Des Lauriers

Matthew McGinley

Scott Fortune

Gerald Pascarelli

Ty Collin

William Kirk

- **Curaleaf Holdings, Inc.** has **upsized its revolving credit facility** with Needham Bank from **$40 million to $100 million**, extending the maturity to **up to five years** as of **October 14, 2025**.  **[1756770_0001756770-25-000035_a2025-10x14xcuraleafxups.htm:1]** 
- The facility bears an initial interest rate of **7.99%** on any outstanding principal, with a potential step-up to **8.99%** if the Senior Note Facility due 2026 is refinanced.  **[1756770_0001756770-25-000035_a2025-10x14xcuraleafxups.htm:1]** 
- The company plans to draw on the facility to pay a minimum of **$50 million of its remaining, higher interest-bearing, acquisition-related debt** and to support working capital needs.  **[1756770_0001756770-25-000035_a2025-10x14xcuraleafxups.htm:1]** 
- This transaction represents the **largest revolving credit facility in the U.S. cannabis sector to date**.  **[1756770_0001756770-25-000035_a2025-10x14xcuraleafxups.htm:1]**

Curaleaf Holdings Upsizes Revolving Credit Facility to $100 Million

- Curaleaf Holdings has expanded its revolving credit facility with Needham Bank from **$40 million to $100 million**, representing the **largest revolving credit facility in the U.S. cannabis sector to date**.  **[1756770_20251014NE96933:0]** 
- The maturity of the Credit Facility has been extended to **up to five years**.  **[1756770_20251014NE96933:0]** 
- The facility bears an initial interest rate of **7.99%** on outstanding principal, with a step-up to **8.99%** if the company refinances its Senior Note Facility due 2026.  **[1756770_20251014NE96933:0]** 
- Curaleaf intends to draw a minimum of **$50 million** from the facility to pay down higher interest-bearing acquisition-related debt and support working capital.  **[1756770_20251014NE96933:0]**

Curaleaf Upsizes Revolving Credit Facility to $100 Million

Curaleaf Holdings (CURLF)