Streetbeat News

CURLF

Curaleaf Holdings Inc

Employees

5,138

Industry

Medicinal and Botanical Manufacturing

Open

0.94

Mkt cap

707M

Volume

110K

High

0.96

P/E Ratio

-3.02

52-wk high

6.40

Low

0.93

Div yield

N/A

52-wk low

0.88

Curaleaf, a major player in the cannabis industry, has shifted its strategy to enter the hemp-derived THC market, launching a new platform called The Hemp Company. This move contrasts with their previous stance against hemp-derived products due to health risks and accessibility concerns. The shift highlights a broader industry divide, with some companies seeing economic potential in hemp-derived products while others push for stricter regulations.

Portfolio Pulse from Rolando García

July 17, 2024 | 4:13 pm

Canadian cannabis companies outperformed their American counterparts last week, with significant gains in stock prices for companies like Aurora Cannabis, Tilray Brands, Cronos Group, Organigram, and Canopy Growth. In contrast, American multi-state operators showed more modest gains. The U.S. cannabis market presents a significant risk-reward opportunity, particularly for MSOs, despite regulatory challenges.

Portfolio Pulse from Rolando García

July 16, 2024 | 10:25 pm

The cannabis sector saw significant movements on July 16, 2024, with several stocks experiencing notable gains and losses. Key gainers included Pharmadrug, Heritage Cannabis Holding, and Cara Therapeutics, while MJ Holdings and Leafbuyer Techs were among the biggest losers.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 8:30 pm

Illinois celebrated the opening of its 100th social equity-owned cannabis dispensary, highlighting its efforts to foster diversity in the cannabis industry. A state-commissioned study found that 60% of cannabis licenses were awarded to minority- or women-owned businesses. Illinois' cannabis sales have surpassed $1 billion, benefiting companies like Cresco Labs, Green Thumb Industries, and Curaleaf Holdings.

Portfolio Pulse from Patricio Liddle

July 16, 2024 | 5:19 pm

The Libertarian Party of Florida has endorsed the adult-use cannabis legalization measure, signaling a shift in voter sentiment. Hemp executives have pledged $5M to Florida's GOP after Governor DeSantis vetoed a bill that would have impacted the hemp industry. Major cannabis companies like Trulieve, Curaleaf, and Verano are expanding their market presence in Florida. Verano and Curaleaf are set to report their Q2 results on August 7th, with expectations of lower-end revenue and EBITDA estimates.

Portfolio Pulse from Nicolás Jose Rodriguez

July 16, 2024 | 2:19 am

Pennsylvania's budget approval excludes recreational cannabis legalization, impacting Jushi Holdings and TILT Holdings. Both companies had invested heavily in anticipation of legalization. Jushi's stock declined, while TILT's stock saw a slight increase. The news highlights the importance of state-level decisions for the cannabis industry.

Portfolio Pulse from Nicolás Jose Rodriguez

July 16, 2024 | 2:06 am

The Czech Republic is considering a fully legal commercial adult-use cannabis market under its 'Cannabis Management Act,' which includes provisions for personal cultivation, licensing, and a regulated market. Companies like Curaleaf Holdings, PharmaCielo, Tilray Brands, and Canopy Growth are already positioning themselves in anticipation of these regulatory changes.

Portfolio Pulse from Jelena Martinovic

July 15, 2024 | 2:20 pm

The recent federal court ruling dismissing a lawsuit from major cannabis companies could have significant implications for cannabis stocks. Dan Ahrens of AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) suggests this could lead to favorable regulatory changes. The ruling has caused market volatility, affecting stocks like Trulieve Cannabis (OTC:TCNNF), Canopy Growth (NASDAQ:CGC), and Tilray Brands (NASDAQ:TLRY). Boris Jordan of Curaleaf Holdings (OTC:CURLF) predicts industry consolidation and significant growth potential driven by regulatory changes.

Portfolio Pulse from Patricio Liddle

July 05, 2024 | 3:02 pm

The article reports on the stock movements of various marijuana-related companies on July 4, 2024. Notable gainers include Heritage Cannabis Holding, Global Compliance, and Greenlane Holdings, while significant losers include GreenGro Technologies and MJ Holdings.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm

On July 3, 2024, several cannabis stocks experienced significant price movements. Notable gainers included Kaya Holdings (OTC:KAYS) with a 154.44% increase and Aurora Cannabis (NASDAQ:ACB) with an 8.42% increase. Among the losers, GreenGro Technologies (OTC:GRNH) saw a 90.00% decline. The article highlights the performance of various cannabis-related stocks.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

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