Streetbeat News

CURLF

Curaleaf Holdings Inc

Employees

5,138

Industry

Medicinal and Botanical Manufacturing

Open

2.30

Mkt cap

1.6B

Volume

197K

High

2.30

P/E Ratio

-7.03

52-wk high

6.40

Low

2.08

Div yield

N/A

52-wk low

2.07

Curaleaf International (OTC:CURLF) is expanding its cannabis operations in the UK, Germany, and Poland, aiming to outprice the illegal cannabis market. The company reported a Q1 revenue of $339 million, a 2% increase year-over-year, despite a net loss of $48.3 million. Curaleaf sees significant growth potential in the UK and Germany due to changing regulations and increasing acceptance of medical cannabis. The company is leveraging its cultivation facilities in Portugal and Canada to ensure a consistent supply and is focusing on patient awareness and competitive pricing.

Portfolio Pulse from Nicolás Jose Rodriguez

June 11, 2024 | 1:36 pm

Maryland's cannabis market offers valuable insights for Ohio as it transitions to recreational sales. Key takeaways include stable sales, high prices, and significant market share held by public multi-state operators like Green Thumb, Curaleaf, and Verano. Ohio can learn from Maryland's experience to anticipate challenges and opportunities.

Portfolio Pulse from Nicolás Jose Rodriguez

June 10, 2024 | 11:20 pm

Curaleaf International Holdings (OTC:CURLF) is expanding its cannabis operations into Australia, New Zealand, and Israel. The Australian market is particularly promising due to its size and favorable regulatory environment. Curaleaf's acquisition of Northern Green Canada (NGC) aids its Australian operations. New Zealand and Israel also offer growth opportunities despite their smaller market sizes. Curaleaf leverages its cultivation facilities in Portugal and Canada to meet regulatory standards and supply these markets.

Portfolio Pulse from Nicolás Jose Rodriguez

June 10, 2024 | 8:27 pm

KindlyMD, Inc. (NASDAQ:KDLY) and Curaleaf Holdings, Inc. (TSX:CURA)(OTCQX:CURLF) have partnered to provide educational resources and information on holistic pain management and treatment in Utah. The collaboration aims to address the opioid crisis and improve access to medical cannabis care options.

Portfolio Pulse from Jelena Martinovic

June 10, 2024 | 5:51 pm

Germany has set a THC limit of 3.5 nanograms per milliliter for drivers, equivalent to 20 milligrams of alcohol per 100 milliliters of blood. The new law also prohibits alcohol consumption for drivers who have used cannabis. The Bundestag's decision has faced opposition from the conservative Union Fraction (CDU/CSU). Additionally, federal states will have more rights to regulate official growers associations starting July 1. Major cannabis companies operating in Germany include Aurora Cannabis Inc. (NASDAQ:ACB), Canopy Growth Corporation (NASDAQ:CGC), Tilray Brands, Inc. (NASDAQ:TLRY), and Curaleaf Holdings, Inc. (OTC:CURLF).

Portfolio Pulse from Jelena Martinovic

June 07, 2024 | 3:22 pm

Verano Holdings (OTC:VRNOF) is projected to see a rise in sales and EBITDA, with potential profitability by 2025. The company is compared favorably against other multi-state operators (MSOs) like Green Thumb (OTC:GTBIF), Curaleaf (OTC:CURLF), Ascend Wellness (OTC:AAWH), and Cresco Labs (OTC:CRLBF).

Portfolio Pulse from Nicolás Jose Rodriguez

June 07, 2024 | 12:17 pm

A new ad campaign in Florida highlights the dangers of unregulated marijuana and advocates for the legalization of cannabis through Amendment 3. The campaign, supported by Smart and Safe Florida and financially backed by Trulieve Cannabis Corp and other cannabis companies, aims to ensure safe and regulated marijuana for adults. The amendment will be voted on in November 2024.

Portfolio Pulse from Maureen Meehan

June 05, 2024 | 8:50 pm

The cannabis sector experienced significant movements on June 3, 2024, with notable gainers and losers. Key gainers include Eastside Distilling (NASDAQ:EAST), Corbus Pharmaceuticals (NASDAQ:CRBP), and Cara Therapeutics (NASDAQ:CARA). Major losers include Scotts Miracle Gro (NYSE:SMG), Village Farms Intl (NASDAQ:VFF), and Canopy Growth (NASDAQ:CGC).

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 8:30 pm

The article reports on the stock movements of various marijuana-related companies for May 29, 2024. Notable gainers include Global Hemp Group (OTC:GBHPF) with a 218.18% increase and Urban-gro (NASDAQ:UGRO) with a 9.98% increase. Significant losers include The Flowr (OTC:FLWPF) with a 50.00% decrease and Genetic Technologies (NASDAQ:GENE) with a 15.35% decrease.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 8:30 pm

The DEA has clarified that THCA must be included in THC concentration levels to comply with the legal definition of hemp, causing concerns within the hemp industry. This comes as Congress revisits cannabinoid regulations in the Farm Bill, with a key House committee passing an amendment to ban most hemp-derived cannabinoids like delta-8 THC. Major cannabis companies, including Curaleaf Holdings, have expressed opposition to these changes.

Portfolio Pulse from Patricio Liddle

May 28, 2024 | 8:26 pm

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