STOCK TITAN

Curaleaf Expands Florida Footprint with New Cape Canaveral Dispensary

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Curaleaf (OTCQX:CURLF) opened a new dispensary in Cape Canaveral, Florida at 6710 N Atlantic Avenue on Dec. 4, 2025, expanding its Florida footprint to 70 stores and its national footprint to 159 locations.

Curaleaf Cape Canaveral will offer Anthem pre-rolls, Grassroots Dark Heart, Select Briq, Select ACE, Reef and other flower, vape, and edible products. Hours are Monday–Saturday 9:00 a.m.–8:30 p.m. and Sunday 10:00 a.m.–7:00 p.m. A grand opening and ribbon-cutting is scheduled for Friday, December 12 with promotions and giveaways.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction

+9.02%
1 alert
+9.02% News Effect

On the day this news was published, CURLF gained 9.02%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q3 2025 net revenue: $320.2M Adjusted gross margin: 50% Adjusted EBITDA: $69.3M +5 more
8 metrics
Q3 2025 net revenue $320.2M Third quarter 2025 results
Adjusted gross margin 50% Q3 2025 vs prior year
Adjusted EBITDA $69.3M Q3 2025 (21.6% margin)
Cash balance $107.5M End of Q3 2025
Operating cash flow $104.0M YTD 2025 from continuing operations
Free cash flow $56.8M YTD 2025 from continuing operations
Revolving credit facility $100M Upsized with Needham Bank
Florida dispensaries 70 stores After Cape Canaveral opening

Market Reality Check

Price: $2.32 Vol: Volume 202,884 vs 20-day ...
low vol
$2.32 Last Close
Volume Volume 202,884 vs 20-day average 518,872 (relative volume 0.39) shows subdued trading ahead of the news. low
Technical Price 2.698 is trading above the 200-day MA at 1.74, indicating a longer-term uptrend into this expansion update.

Peers on Argus

While CURLF was down 1.19% pre-news, key cannabis peers like GTBIF (+2.4%), TCNN...

While CURLF was down 1.19% pre-news, key cannabis peers like GTBIF (+2.4%), TCNNF (+4.39%) and NIKA (+3.59%) were positive, suggesting CURLF’s setup was more stock-specific than sector-driven. GLASF moved -0.89%, showing mixed action across peers.

Historical Context

5 past events · Latest: Dec 04 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 04 Store expansion news Positive +9.0% Opened Cape Canaveral dispensary, expanding to 70 Florida and 159 U.S. stores.
Dec 02 M&A agreement Positive -4.5% Equity purchase agreement for Virginia assets with break-up fee protections.
Nov 05 Q3 2025 earnings Positive -14.7% Reported Q3 revenue, margins, EBITDA and strong international growth and cash flow.
Nov 03 CSR initiative Positive -0.7% Launched fifth annual ‘Feed the Block’ fundraiser across 12 states.
Oct 14 Credit facility update Positive -3.0% Upsized revolving credit facility to $100M with plans to reduce higher-cost debt.
Pattern Detected

Over the last five events, CURLF often saw negative or muted reactions to generally constructive news, with this Florida dispensary opening one of the few clearly positive price responses.

Recent Company History

Over the past months, Curaleaf reported solid Q3 2025 results with net revenue of $320.2M, a 50% adjusted gross margin, and adjusted EBITDA of $69.3M, alongside cash of $107.5M and expanded credit capacity to $100M. It also announced a binding agreement to acquire Virginia assets and continued community efforts through its ‘Feed the Block’ fundraiser. Today’s Cape Canaveral dispensary opening extends this growth trajectory, bringing the Florida store count to 70 and national locations to 159.

Market Pulse Summary

The stock moved +9.0% in the session following this news. A strong positive reaction aligns with Cur...
Analysis

The stock moved +9.0% in the session following this news. A strong positive reaction aligns with Curaleaf’s ongoing operational expansion, including the new Cape Canaveral dispensary that brings Florida locations to 70 and nationwide stores to 159. Past news often saw weak or negative moves even on constructive updates, so sustained strength would contrast with prior divergences around earnings and financing announcements. Investors could weigh how new store contributions interact with existing growth, balance sheet flexibility, and broader cannabis-sector sentiment.

AI-generated analysis. Not financial advice.

New location along Florida's Space Coast brings store count to 70 statewide and 159 nationwide

STAMFORD, Conn., Dec. 4, 2025 /PRNewswire/ -- Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced the opening of its latest dispensary in Cape Canaveral, Florida, located at 6710 N Atlantic Avenue. This new location marks Curaleaf's ongoing expansion in the Sunshine State, bringing its store count to 70 in Florida and 159 nationwide.

Curaleaf Cape Canaveral will offer patients a wide range of high-quality products across the Company's leading portfolio of brands and products, including Anthem pre-rolls, Grassroots Dark Heart, Select Briq, Select ACE, and Reef. Patients can look forward to premium flower, vape, and edible options designed to meet a variety of wellness and lifestyle needs.

Conveniently situated steps away from the beach, near residential neighborhoods and local businesses, Curaleaf Cape Canaveral provides a welcoming and accessible retail experience for both new and established patients. The dispensary will be open Monday through Saturday from 9:00 a.m. to 8:30 p.m. and Sunday from 10:00 a.m. to 7:00 p.m.

"Florida remains a key growth market for Curaleaf, and we're proud to continue expanding access to safe, high-quality cannabis for medical patients across the state," said Boris Jordan, Chairman and CEO of Curaleaf. "Cape Canaveral represents an opportunity to further strengthen our connection with the Florida community and reaffirm our commitment to driving innovation, education, and responsible access in the cannabis industry."

To celebrate the opening, Curaleaf will host a grand opening event and ribbon-cutting on Friday, December 12, featuring giveaways, special promotions, and gifts with purchase. For more information on Curaleaf's locations, patient resources, and product offerings, please visit www.curaleaf.com.

About Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, Find, Anthem and The Hemp Company provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.

Forward Looking Statements
This media advisory contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the opening of a dispensary in Cape Canaveral, FL. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed on March 3, 2025, which is available under the Company's SEDAR profile at http://www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. The Toronto Stock Exchange has not reviewed, approved or disapproved the content of this news release.

Investor Contact:
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment Officer
IR@curaleaf.com

Media Contact:
MATTIO Communications
MattioCuraleaf@Mattio.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/curaleaf-expands-florida-footprint-with-new-cape-canaveral-dispensary-302632669.html

SOURCE Curaleaf Holdings, Inc.

FAQ

What address is the new Curaleaf Cape Canaveral dispensary (CURLF)?

The new Curaleaf Cape Canaveral location is at 6710 N Atlantic Avenue.

How many Curaleaf stores does Florida have after the Cape Canaveral opening (CURLF)?

Curaleaf's Florida store count rises to 70 locations.

What are the Curaleaf Cape Canaveral store hours (CURLF)?

Hours are Monday–Saturday 9:00 a.m.–8:30 p.m. and Sunday 10:00 a.m.–7:00 p.m..

Which Curaleaf brands and product types are available at the Cape Canaveral dispensary (CURLF)?

The dispensary will carry Anthem pre-rolls, Grassroots Dark Heart, Select Briq, Select ACE, Reef plus flower, vape, and edible options.

When is the Curaleaf Cape Canaveral grand opening event (CURLF)?

The grand opening and ribbon-cutting is scheduled for Friday, December 12 with giveaways and promotions.

Where can patients find more information about Curaleaf locations and products (CURLF)?

Patients can visit www.curaleaf.com for location details, patient resources, and product information.
Curaleaf Hldgs

OTC:CURLF

CURLF Rankings

CURLF Latest News

CURLF Latest SEC Filings

CURLF Stock Data

1.94B
616.07M
27.84%
2.12%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States
Stamford