Curaleaf Executive Chairman of the Board Boris Jordan Says Estimates In Q4 Co Will Turn EBITDA Positive For First Time In Europe
Portfolio Pulse from Benzinga Newsdesk
Curaleaf's Executive Chairman, Boris Jordan, has projected that the company will turn EBITDA positive for the first time in Europe in Q4. This information was shared during the Cannabis Capital Conference hosted by Benzinga.
September 28, 2023 | 6:27 pm
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POSITIVE IMPACT
Curaleaf's projected EBITDA positive in Europe could potentially boost the company's overall financial performance and investor confidence.
The announcement of Curaleaf turning EBITDA positive in Europe is a significant milestone for the company. This could potentially lead to an increase in the company's stock price due to improved financial performance and increased investor confidence.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
As an ETF that tracks US-listed cannabis companies, MSOS could potentially benefit from positive developments in the sector, such as Curaleaf's projected EBITDA positive in Europe.
MSOS, as an ETF that tracks US-listed cannabis companies, could see a positive impact due to the projected EBITDA positive of Curaleaf in Europe. This could potentially lead to an increase in the ETF's value.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50