Weil is serving as counsel to The Cannabist Company Holdings Inc. (“Cannabist”) in the sale of its cultivation, production, manufacturing and retail operations in Virginia.  

On December 1, 2025, Cannabist executed an equity purchase agreement (the “EPA”) to sell its Virigina business to a subsidiary of Curaleaf Holdings Inc. (“Curaleaf”).  

Pursuant to the EPA, Curaleaf agreed to purchase the Virginia business for $110 million, including $80 million in cash payable at the closing, $20 million in cash as deferred consideration and a $10 million promissory note. The EPA also includes a “go-shop” provision, which allows Cannabist to solicit higher and better offers.

Cannabist is one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S.

The Weil team is led by Restructuring partner David J. Cohen and includes partner Garrett Fail and associates Alexander P. Cohen and Immer Chriswell; and Mergers & Acquisitions partner Mariel Cruz and associates Ting Liu and Camille Perbost.