Curaleaf Expands in Florida with New St. Augustine Dispensary

In a strategic move to bolster its presence in the Sunshine State, Curaleaf Holdings, Inc., a leading international provider of consumer cannabis products, has announced the opening of a new medical cannabis dispensary in St. Augustine, Florida. This latest addition, located at 1280 Ponce De Leon Blvd., marks the company’s 68th store in Florida and brings its nationwide store count to 154.

The new Curaleaf St. Augustine dispensary, set to welcome medical patients starting August 1, 2025, is strategically positioned on Ponce de Leon Boulevard, just outside the city’s historic district. This location offers easy access to downtown shops, dining, and cultural attractions, making it a convenient choice for residents and visitors alike.

Curaleaf Holdings, Inc., listed on the OTC Bulletin Board under the ticker CURLF, operates as a holding company with subsidiaries involved in the production and distribution of cannabis products across North America. Despite a challenging financial landscape, as indicated by a negative price-to-earnings ratio of -4.647 and a close price of $1.35 on July 30, 2025, the company continues to expand its footprint.

The expansion into St. Augustine is part of Curaleaf’s broader strategy to enhance its market presence in Florida, a state with a rapidly growing cannabis industry. With a market capitalization of approximately $970.11 million, Curaleaf remains committed to serving dispensary and cultivation sites across North America.

As Curaleaf continues to grow, it remains focused on providing high-quality cannabis products to its customers while navigating the complexities of the evolving cannabis market. The opening of the St. Augustine dispensary is a testament to the company’s resilience and dedication to meeting the needs of its medical patients.

In other news, Housing Works Cannabis Co, New York’s first and only 100% nonprofit adult-use dispensary, is joining its parent organization Housing Works in the 2025 BRAKING AIDS® Ride. This two-day cycling event, taking place from September 13–14, aims to raise funds and awareness for Housing Works’ mission to combat HIV/AIDS and homelessness. The cannabis industry team has set a fundraising goal of $50,000, highlighting the sector’s commitment to health equity and lifesaving services.