Curaleaf Hldgs Stock Price, News & Analysis

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) has announced a new distribution agreement with WB Canna Co. & Wellness to bring its Select CBD and Curaleaf Hemp products to the Caribbean and Latin America. This marks the first entry of Curaleaf's products into the Caribbean market, extending availability to destinations like the U.S. Virgin Islands and Puerto Rico. The partnership aims to leverage WB Canna Co.’s distribution capabilities in the fragmented legal landscape, enhancing consumer accessibility to Curaleaf’s high-quality, non-psychoactive hemp products.

Curaleaf Holdings, a leading cannabis consumer product provider, will announce its first-quarter 2022 financial results on May 9, 2022, after market close. A conference call will follow at 5:00 p.m. ET to discuss the results, followed by a Q&A session. Interested parties can join via a live call or access a replay until May 16, 2022. Curaleaf operates in 23 states with 128 dispensaries and is also the largest vertically integrated cannabis company in Europe. The company trades on the CSE as CURA and on the OTCQX as CURLF.

Curaleaf Holdings (CSE: CURA / OTCQX: CURLF) announced its participation in several investor conferences in April 2022. Key events include the BTIG Global Virtual Cannabis Conference on April 6-7, featuring a fireside chat with Executive Chairman Boris Jordan on April 7. The 2nd Annual Cantor Virtual Cannabis Conference will occur on April 12-14, with Jordan speaking on April 12. Additionally, Curaleaf will keynote the Benzinga Cannabis Capital Conference on April 20-21. The company operates in 23 states with 128 dispensaries and is known for its high-quality cannabis products.

Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) has appointed Neil Davidson as Interim Chief Financial Officer, effective March 14, 2022. Davidson, who previously served as CFO from 2019-2020 and as COO, will step into the CFO role while the company searches for a permanent replacement following the departure of current CFO Ranjan Kalia for other career opportunities. Curaleaf operates in 23 states with 128 dispensaries and is the largest vertically integrated cannabis company in Europe, focused on consumer products in cannabis.

Curaleaf Holdings, Inc. (CURLF) has launched its Select Live Rosin product line in Florida, marking its first solventless extracts. Initially available at 12 dispensaries, the rollout will expand statewide by April 7, 2022. This new product aims to deliver a flavorful, true-to-flower experience for cannabis consumers. The proprietary water-based extraction process enhances quality while reducing costs. The company emphasizes its commitment to innovative product offerings to meet patient demand. Curaleaf operates in 23 states with a mission to enhance cannabis consumption experiences.

Curaleaf Holdings reported 2021 financial results showing record revenue of $1.2 billion, a 93% increase year-over-year. The fourth quarter revenue reached $320 million, marking a 39% rise compared to Q4 2020. Adjusted EBITDA for FY 2021 was $298 million, up 107% year-over-year. Despite a net loss of $101.7 million for 2021, improvements in operating income and reduced tax expenses were notable. Curaleaf expanded its retail presence significantly, adding 21 new stores and achieving enhanced gross margins of 48.5% overall.

Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) announced the opening of a new dispensary in State College, Pennsylvania, enhancing its retail network to 16 dispensaries statewide and 127 nationwide. A second dispensary in Erie is anticipated to open in early March, subject to regulatory approval. The State College location offers a wide range of cannabis products and will host a grand opening celebration on February 21, 2022. In conjunction with the opening, Curaleaf donated $5,000 to the Central Pennsylvania Food Bank, emphasizing its commitment to community support.