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Curaleaf Poised To Dominate German Cannabis Market As Government Moves To Legalize
Monday, August 21, 2023 - 1:20pm | 703Curaleaf (OTCQX: CURLF), one of the largest cannabis companies in the world, plans to start selling marijuana for recreational purposes by the end of 2024 in Germany, where the recreational cannabis market is expected to grow significantly, especially after last week...
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Cannabis Industry's Rapid Growth Led To Oversupply, Similar To Other Industries; Now, We Adjust - Curaleaf CIO
Monday, August 21, 2023 - 10:39am | 637"Think back to really any cyclical industry or any consumer-driven industry where there are moments of excess and growth and contraction of that growth," Camilo Lyon, chief investment officer at Curaleaf Holdings Inc (OTCQX: CURLF), began his talk at the recent Benzinga Cannabis...
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Curaleaf's Boris Jordan: No Capital Raises Planned, Company Has $50M In Revolving Credit
Friday, August 11, 2023 - 3:59pm | 542Price pressure has been a common theme in this past week's round of cannabis earnings. While Curaleaf Holdings Inc. (OTCQX: CURLF) was no exception, the company reported a positive second quarter with revenue at $339 million - a 4% YoY growth, which met street...
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Curaleaf's Q2 2023 Revenue Up 1% Sequentially To $339M, 4% Increase YoY & Adjusted EBITDA $70M
Wednesday, August 9, 2023 - 5:31pm | 438Curaleaf Holdings (OTCQX: CURLF reported its financial and operating results Wednesday afternoon for the second quarter ended June 30, 2023. Boris Jordan, executive chairman seemed delighted as Curaleaf's revenue grew 4% YoY to $339 million with an adjusted...
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Amsterdam's Red Light District: Lights Out for Street Weed, Tourists Unfazed, Coffee Shops Happy
Monday, May 22, 2023 - 6:08pm | 570Amsterdam's Red Light District will no longer allow marijuana smoking on its streets starting May 25. Any violation of the new law, which will be enforced by police as well as local officials, will be punishable by a €50 (or $54) fine. Nevertheless, tourists seem to be undeterred...
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Curaleaf Q1 Revenue Grows 14%, Optimizing U.S. Assets & Heading To Europe Says Boss Boris Jordan
Wednesday, May 17, 2023 - 5:51pm | 572Curaleaf Holdings Inc. (CSE: CURA) (OTC: CURLF) released its financial results for the first quarter ended March 31, 2023. Q1 2023 Financial Highlights Net Revenue of $336.5 million, a year-over-year increase of 14% compared to Q1 2022 revenue of $296 million, which excludes discontinued...
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Curaleaf Stock Trading Lower On FY22 Net Revenue Growth Of 12%
Tuesday, May 2, 2023 - 10:36am | 505Curaleaf Holdings, Inc. (OTCQX: CURLF) (CSE:CURA) released its financial and operating results for the fourth quarter and year ended December 31, 2022, revealing net revenue of $1.336 billion, a 12% increase compared to $1.195 billion in FY 2021. Full Year 2022 Financial Highlights Gross profit...
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New Jersey Regulators Deny Curaleaf's License Renewal Amid Labor & Social Equity Concerns
Friday, April 14, 2023 - 1:24pm | 675Regulators in New Jersey dealt a major setback to Curaleaf Holdings Inc (OTCQX: CURLF), the state's leading cannabis company, by denying its request for a license renewal to cultivate and sell recreational marijuana. According to New Jersey Monitor, the unexpected vote left observers...
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Curaleaf Acquires Deseret Wellness
Monday, April 10, 2023 - 8:17am | 369Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX: CURLF) announced the completion of its acquisition of Deseret Wellness. With the close of the transaction, Curaleaf's retail footprint has increased to four dispensaries in Utah and 150 nationwide. Boris Jordan, executive chairman of Curaleaf, stated...
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Get Ready For A Cannabis Boom In Europe, Says This Billionaire [Video]
Thursday, March 9, 2023 - 12:05pm | 545Boris Jordan of Curaleaf Holdings Inc (OTC: CURLF) spoke at the Benzinga Cannabis Capital Conference in 2022 and expressed his excitement for the potential of the European market for cannabis. He specifically mentioned the UK, which he claimed had the best medical law he had seen anywhere in the...
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Russian Billionaire Formerly Close To Putin Secretly Poured Money Into US Cannabis, Leaked Documents Show
Tuesday, December 27, 2022 - 12:17pm | 1275Russian billionaire and a former owner of the Chelsea Football Club, which plays in the English Premier League, Roman Abramovich, has been secretly investing in cannabis companies for years. According to leaked documents, sourced and shared by Forensic News, a Russian...
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Booker Blasts McConnell For Halting Marijuana Reform And Saying 'Poison Pills' Shouldn't Be Part Of Bill
Thursday, December 15, 2022 - 11:36am | 1051New Jersey Senator Cory Booker thinks that Senate minority leader Mitch McConnell is significantly impacting his Senate colleagues to oppose passing any cannabis-related bills in the lame-duck session. Last week, McConnell revealed he was pleased that the final version of the National Defense...
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Curaleaf Q3 Revenue Grows 7% YoY, Driven By Constant Expansion
Tuesday, November 8, 2022 - 9:09am | 613Curaleaf Holdings, Inc. (OTCQX: CURLF) (CSE:CURA) released its financial and operating results for the third quarter ended September 30, 2022, revealing total revenue increased by 7% to $340 million during the third quarter of 2022, compared to $317 million in the third quarter of 2021. The company...
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Curaleaf Finalizes EBITDA Accretive Tryke Acquisition, Now Has 29 Growing Sites & 144 Dispensaries
Wednesday, October 5, 2022 - 8:42am | 590Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) completed its previously announced acquisition of Tryke Companies (dba as Reef Dispensaries), a privately held vertically integrated, multi-state cannabis operator. With the close of the transaction, Curaleaf's...
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Curaleaf Acquires Majority Stake In German Medical Cannabis Company, Opens Dispensary In Allentown, PA
Monday, September 19, 2022 - 10:07am | 468Curaleaf Holdings, Inc. (OTCQX: CURLF) (CSE:CURA) completed its agreement to acquire a 55% stake in Four 20 Pharma GmbH, a fully EU-GMP & GDP licensed German producer and distributor of medical cannabis. Boris Jordan, executive chairman of Curaleaf, stated, "We are pleased to complete the...