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

Boris Jordan, associated with Curaleaf, comments on unexpected real growth in the third quarter, already evident in the first two weeks. He highlights Germany as a bigger market than Florida, emphasizing Curaleaf's strong brand positioning in the cannabis industry.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:15 pm

Boris Jordan reported a significant increase in patient interest in cannabis following its removal from the narcotic list, with telemedicine platforms experiencing a five-fold increase in patient inquiries. Curaleaf (CURLF) has seen a 70% increase in orders in the first weeks and a 50% increase in the second week.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:14 pm

Boris Jordan highlights the economic potential of Europe, noting its larger economy and the benefits of early market entry. He mentions building a data center in Europe, with substantial markets in Germany, UK, and Poland.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:12 pm

Boris Jordan highlighted Curaleaf's potential in Europe following Germany's decision to remove cannabis from the narcotic list, viewing it as a major catalyst. The first two weeks have shown positive signs from telemedicine platforms.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:10 pm

At Benzinga's Cannabis Capital Conference, Curaleaf Chairman Boris Jordan highlighted Ohio, New York, and Florida as current catalysts for the U.S. cannabis market, with Pennsylvania expected to become a catalyst by the end of this year or early next year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:09 pm

The Viridian Cannabis Deal Tracker reports a 39% increase in market value for major cannabis companies, with valuation multiples rising for 11 out of 14 major multi-state operators (MSOs). This growth is attributed to investors betting on long-term growth over short-term earnings, with companies like Curaleaf (CURLF) and Schwazze (SHWZ) experiencing valuation increases despite flat or declining EBITDA. GTI (GTBIF) and Cresco (CRLBF) also saw increases in both EBITDA multiples and estimates, indicating strong fundamentals. The anticipation of cannabis rescheduling is driving multiple expansions, with a focus on EBITDA growth as a key indicator of corporate health.

Portfolio Pulse from Nicolás Jose Rodriguez

April 15, 2024 | 11:53 pm

Cannabis stocks experienced significant movements on April 12, 2024, with notable gainers including Indiva, Belgravia Hartford Cap, and Maple Leaf Green World, among others. Conversely, Global Hemp Group led the losers, followed by Elixinol Wellness and cbdMD. The fluctuations reflect the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:30 pm

Viridian Capital Advisors' analysis reveals a 292% surge in trading volume for the cannabis sector, with AYR Wellness leading. Despite this, major Multi-State Operators like Curaleaf and AYR face liquidity challenges, with increased days required to trade their market cap. The report emphasizes the importance of liquidity for investors and hints at potential DEA rescheduling as a factor for market outlook but notes skepticism about attracting more institutional investment without further reforms.

Portfolio Pulse from Nicolás Jose Rodriguez

April 11, 2024 | 5:17 pm

Curaleaf (OTCQX:CURLF) has partnered with Acannability to launch an educational campaign aimed at enhancing cannabis consumer awareness. This collaboration involves Curaleaf providing significant Public Service Announcement (PSA) space for education-based advertisements. The campaign, which began on March 19 in Arizona, Florida, and Illinois, features ads from Acannability's 'Why Legal?' initiative. Curaleaf's chairman, Boris Jordan, will also speak at the Benzinga Cannabis Capital Conference in Florida, further emphasizing the company's commitment to elevating cannabis industry standards and consumer education.

Portfolio Pulse from Patricio Liddle

April 10, 2024 | 2:59 pm

Recent developments in Europe's cannabis sector include the arrest of French mayor Jamilah Habsaoui with 70kg of cannabis resin found in her home, the closure of Christiania's Pusher Street in Denmark to halt cannabis sales, and the rapid growth of Poland's medical marijuana market, highlighted by Curaleaf International's expansion through the acquisition of Can4Med. Curaleaf Holdings Inc (OTCQX:CURLF) is recognized for its significant role in the European cannabis market.

Portfolio Pulse from Nina Zdinjak

April 08, 2024 | 4:50 pm

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