|Bid||7.70 x 0|
|Ask||7.82 x 0|
|Day's Range||7.70 - 8.05|
|52 Week Range||5.42 - 15.75|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 19, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, is proud to announce that Curaleaf Executive Chairman Boris Jordan has been named to Bloomberg Businessweek's 2019 Bloomberg 50, its annual list of innovators, entrepreneurs, and leaders who have changed the global business landscape in measurable ways over the past year.
Curaleaf Executive Chairman Boris Jordan Named to Bloomberg Businessweek's 2019 Bloomberg 50 List
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, announced today the opening of its 28th Florida dispensary at 1435 South Tamiami Trail in Sarasota. Curaleaf has the largest cannabis dispensary footprint in the US with 51 dispensaries across the country, and continues to execute on its strategy of rapid expansion in Florida.
Curaleaf has the largest cannabis dispensary footprint in the US with 51 dispensaries across the country, and continues to execute on its strategy of rapid expansion in Florida . The 3,900 square foot location will be open 7 days a week - Monday to Saturday from 10am – 7pm and on Sundays from Noon - 5pm - serving patients throughout the Sarasota area, including Siesta Key , Longboat Key , Sarasota Springs and Kensington Park .
Cannabis stocks were slammed anew on Tuesday, after the U.S. Food and Drug Administration issued new guidance on CBD that included a stark warning that it can cause liver injury and other damage to the human body.
(Bloomberg) -- An eight-month rout in pot stocks that wiped out almost two-thirds of their market value may finally have reached its bottom.A Bloomberg index tracking cannabis companies was on track toward its biggest three-day advance since the beginning of the year after six sessions of heavy losses. Among those leading gains Thursday were Canopy Growth Corp., Aurora Cannabis Inc. and Cronos Group Inc., all of which rallied more than 13%.Pot stocks hit a “floor” after Canada’s four largest companies all missed earnings estimates last week, said Neil Selfe, founder and CEO of Toronto-based investment bank Infor Financial Group Inc.“I think the crescendo of negative news came to its peak on Friday, and I can see these stocks rebounding from their lows,” he said. “I don’t think we get anywhere back to the highs, but we could see a 20% bounce from here off the lows among the Tier 1 players.”The rebound is being driven in part by investors unwinding bearish bets in stocks such as Tilray Inc., whose short interest amounts to 37% of the shares available for trading. Gains in the 20 most-shorted pot stocks cost bears $272 million as of mid-afternoon on Wednesday, according to data from financial analytics firm S3 Partners.Signs that the problems weighing on Canada’s pot giants haven’t crossed the border also are aiding the bounce-back. U.S. operators including Trulieve Cannabis Corp., Curaleaf Holdings Inc. and Green Thumb Industries Inc. have all reported strong quarterly results.“We’ve been table-pounding about the U.S. companies for the last six months and it felt like people weren’t paying attention,” said Charles Taerk, CEO of Faircourt Asset Management, which acts as an adviser to the cannabis-focused Ninepoint Alternative Health Fund. “I think to a large degree investors still think of the cannabis sector as one homogeneous group and they’re not.”However, pot stocks have a long way to go before they get anywhere near the highs they reached in the spring. As a stark illustration of how much value has been lost in the sector, Canopy’s market value reached a high of C$24 billion in April. Today, the 25 largest Canadian pot companies are worth about C$24 billion combined.And while things may be looking brighter for the industry, the problems facing some of its biggest companies haven’t gone away, Taerk said.“A week ago we had some of the major Canadian LPs significantly disappoint on both quarter-over-quarter revenue and from a cash-flow perspective,” he said. “Those issues are going to continue. Those are still realities.”To contact the reporter on this story: Kristine Owram in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Brad Olesen at email@example.com, Richard Richtmyer, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
A portion of all proceeds will benefit the Veterans Cannabis Project (VCP), an organization that advocates for legal and supported access of medical cannabis for veterans through the Department of Veterans Affairs. In Florida the boxes will be available for $26, and each box contains five 0.4 oz pre-rolls for a total of 2 grams per box.
Cannabis stocks rallied for a second day Wednesday, buoyed by a historic congressional committee approval of a bill that would lift the federal ban on weed, as well as strong gains for Curaleaf after it posted a narrower-than-expected third-quarter loss.
Curaleaf Holdings Inc. late Tuesday reported a narrower-than-expected loss but revenue that fell short of consensus estimates. The cannabis retailer reported a third-quarter net loss of $6.8 million, or a penny a share, versus losses of $33.7 million, or 9 cents a share in the year-ago period. Revenue rose to $61.8 million from $21.4 million. Analysts polled by FactSet had expected losses of 2 cents a share on revenue of $63.6 million. Analysts expect fourth-quarter revenue of $101.1 million. U.S. traded shares of Curaleaf stock has gained 16% this year, as the S&P 500 index rose 25%.
Reported Record Pro Forma Revenue (1)(2) of $129.0 million and Managed Revenue (1) of $73.2 Million Generated $9.0 million of Adjusted EBITDA (1) as Inflection Point Reached in Several Key States Announced ...
Curaleaf has the largest cannabis dispensary footprint in the US with 50 dispensaries across the country and continues to execute on its strategy of rapid expansion in Florida. The new 4,500 square foot location is accessible to patients from the Jensen Beach area, including the communities of Jupiter, Port St. Lucie, Stuart, Port Salerno and Palm City, and will offer a full range of premium quality medical cannabis products and private consultations by meticulously trained staff.
Ask Benjamin Witte about Recess, and one of the first places he’ll send you is the company’s Instagram page.
MIAMI, Nov. 6, 2019 /PRNewswire/ -- Curaleaf, a leading vertically integrated cannabis operator in Florida, partnered with Badges of Courage throughout the month of October to support low income women who have been recently diagnosed with breast cancer or are currently undergoing treatment. "We partnered with Badges of Courage in an effort to help alleviate some of the financial burden breast cancer patients face during treatment.
WAKEFIELD, Mass., Nov. 4, 2019 /PRNewswire/ -- Curaleaf Holdings, Inc. (CSE: CURA/OTQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced the launch of its first Massachusetts adult-use dispensary in Oxford, Massachusetts. The retail store is now open at 425 Main Street in Oxford. The Oxford location will serve customers by appointment only for the first 30 days of operation but on-site appointments can be made schedule permitting.
Cannabis stocks were mostly lower Thursday, led by Curaleaf Holdings, after the company became the latest to scale back a previously announced acquisition in the wake of a massive re-rating of the sector in the past few months.
Aurora Cannabis (NYSE: ACB) (TSX: ACB) announced the launch of Ready for Edibles, a national bilingual campaign to educate new and experienced cannabis consumers on responsible consumption and safe storage of edibles products before they become available for sale in December. Core One Labs (CSE: COOL) (OTCQX: CLABF) (Frankfurt: LD6) announced that its board of directors […]The post Cannabis Stock News Roundup October 31 appeared first on Market Exclusive.
WAKEFIELD, Mass., Oct. 31, 2019 /PRNewswire/ -- 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 closed the previously announced acquisition of the cultivation and processing assets of Acres Cannabis in Amargosa Valley, NV ("Acres Cultivation"). With the closing of Acres Cultivation, Curaleaf significantly increases its cultivation and processing operations in Nevada, while maintaining the highest industry standard across all facilities. "The completion of the cultivation and processing component of the Acres transaction is further evidence of execution of our plan to expand our business through a combination of strategic M&A, disciplined operations and organic growth," said CEO Joseph Lusardi.
WAKEFIELD, Mass. , Oct. 30, 2019 /CNW/ -- Today, Curaleaf Holdings, Inc. (CURA.CN) (CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States , announced that it has agreed with Cura Partners, Inc., owners of the Select brand ("Select"), to amend the terms of their prior agreement for Curaleaf's acquisition of Select's state-regulated cannabis business. Additionally, the Company has also announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR") has expired with respect to the acquisition of Select by Curaleaf (the "Proposed Transaction"). On May 1, 2019 , Curaleaf announced signing a definitive agreement to acquire Select's business.