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Curaleaf Holdings to buy Cura Partners' Select brand in C$1.27 billion deal

(Reuters) - Curaleaf Holdings Inc said on Wednesday it would buy the state-regulated cannabis business of Cura Partners Inc in an all-stock deal valued at C$1.27 billion (£725 million).

The acquisition includes recreational cannabis products marketed under the Select brand name, which is the leading marijuana brand in California and Nevada states, the company said.

(This story corrects headline to C$1.27 billion from $1.27 billion)

Reporting by Debroop Roy in Bengaluru; Editing by James Emmanuel

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