|Bid||5.10 x 0|
|Ask||5.15 x 0|
|Day's Range||5.00 - 5.26|
|52 Week Range||3.72 - 15.75|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The COVID-19 pandemic has proven a boon to U.S. marijuana producer Curaleaf Holdings Inc., as sales jump and many states say that cannabis is an essential service, an analyst wrote in a note to clients Wednesday.
Cannabis retailer Curaleaf Holdings Inc. reported revenue Tuesday that topped the analyst consensus and wider-than-expected losses. The company reported a net loss of $26.6 million, which amounts to 6 cents a share, versus a loss of $11.2 million, or 3 cents a share in the year-ago quarter. Curaleaf revenue rose to $75.5 million versus $32 million a year ago. At the end of December, Curaleaf said it had $42.3 million in cash. Analysts surveyed by FactSet had expected a loss of 2 cents a share on sales of $74.7 million. For the first quarter, analysts expect sales of $110 million; there are not enough estimates to form a reliable consensus for earnings, according to FactSet. Curaleaf stock has dropped 60% in the past year, and rose 25% to $3.85 in Tuesday trading. The S&P 500 index has fallen 20% in the past year as the ETFMG Alternative Harvest ETF , which tracks a basket of stocks including cannabis companies, fell 72%.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the U.S., today reported its financial and operating results for the fourth quarter and year ended December 31, 2019. All financial information is provided in U.S. dollars unless otherwise indicated.
Curaleaf Holdings Inc. said Tuesday it will be hiring across its retail, cultivation and processing facilities, as the Massachusetts-based cannabis company has received an Essential Services Designation in some key markets. The company said its medical-only dispensaries remain open in Arizona, Florida, Maine, Maryland and Massachusetts, while its Nevada dispensary is open for delivery only. It's New Jersey, New York and Oregon dispensaries are also open. The company has adjusted its dispensary schedules, including having dedicated hours for seniors only. "The COVID-19 situation is evolving rapidly and we are responding as quickly as possible to ensure we can continue to meet the needs of our customers," said Chief Executive Joseph Lusardi. "In these difficult times, we will be hiring employees and working with local organizations to provide job opportunities to those who are out of work." The stock has lost 45.1% over the past month, while the Cannabis ETF has declined 40.9% and the S&P 500 has shed 30.6%.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, today provided an operational update that it has received an Essential Services Designation in key markets which will allow the company to continue to meet the needs of its customers. The designation means that like pharmacies and grocery stores, Curaleaf dispensaries provide an essential service to communities and are authorized to remain open during the COVID-19 outbreak.
Khadijah Tribble is a respected expert on equity and inclusion in the cannabis industry. In partnership with Chief Marketing Officer Jason White and the marketing team, Tribble will oversee the Company's efforts to build an eco-system of impact, policy and business that aligns with the greater good of the cannabis industry and the communities in which Curaleaf operates and serves.
You might think the cannabis business would go untouched by the coronavirus as people stay home and look for ways to allay anxiety. But there could be problems.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, will acquire BlueKudu, a Colorado-based producer of premium cannabis chocolates and gummies.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, has been approved as a Clinical Registrant in Pennsylvania by the Commonwealth's Department of Health, Office of Medical Marijuana. Under this designation, the Company will be permitted to open a cultivation and processing facility and up to six dispensaries, under the Commonwealth's medical marijuana research program.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, today announced that it will report its financial and operating results for the fourth quarter and fiscal year ended December 31, 2019 after market close on March 24, 2020.
Toronto, Ontario--(Newsfile Corp. - February 14, 2020) - Capital 10X interviewed Curaleaf (CSE: CURA) President and CEO Joe Lusardi to discuss the MSO's strategy in the highly competitive Florida marijuana market.Cannot view this video? Visit:https://capital10x.com/curaleaf-joe-lusardi-florida-marijuana-market-strategy/Lusardi details how Curaleaf's cultivation capabilities will increase across 2020, including production targets, and how that will help them grow market share in the supply-constrained market. You can see how their Florida cultivation capacity stacks up against other operators.He ...
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf"), a leading vertically integrated cannabis operator in the United States, today announced the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR") has expired with respect to the acquisition of GR Companies, Inc. ("Grassroots") by Curaleaf (the "transaction").
Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced it has been granted final license approval by the Massachusetts Cannabis Control Commission to open an adult-use retail dispensary in Ware, Massachusetts.
With the completion of the acquisition, Curaleaf solidifies its stance as the largest cannabis operator in the U.S. in terms of operational and wholesale footprint, including 53 open dispensaries, and positions the Company well for its next phase of growth. Curaleaf's acquisition of Cura Partners, Inc. ("Cura"), owners of the Select brand, includes Select's manufacturing, distribution, marketing and sales operations marketed under the Select brand name, including all intellectual property. "The close of the Select deal is a major milestone in Curaleaf's history and marks an unprecedented phase of growth for our company," said Joseph Lusardi , CEO of Curaleaf.