Curaleaf Executive Chairman of the Board Boris Jordan Says If Co Can Feel They Can Get Paid For What They Do, They'll Start To Do M&A Again
Portfolio Pulse from Benzinga Newsdesk
Curaleaf's Executive Chairman, Boris Jordan, has indicated that the company may resume M&A activities if they feel they can get paid for what they do. The statement was made during the Cannabis Capital Conference.
September 28, 2023 | 6:34 pm
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POSITIVE IMPACT
Curaleaf's potential resumption of M&A activities could lead to growth and expansion, potentially impacting the company's stock positively.
Mergers and acquisitions often indicate a company's growth strategy. If Curaleaf resumes M&A activities, it could lead to expansion and growth, which could positively impact the company's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
As an ETF that tracks US cannabis companies, MSOS could be indirectly impacted by Curaleaf's potential M&A activities.
MSOS tracks US cannabis companies, including Curaleaf. Any significant changes in Curaleaf's business strategy, such as resuming M&A activities, could indirectly impact the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50