Welcome to our dedicated page for Curaleaf Hldgs news (Ticker: CURLF), a resource for investors and traders seeking the latest updates and insights on Curaleaf Hldgs stock.
Curaleaf Holdings, Inc. (OTCQX: CURLF, TSX: CURA) generates frequent news as an international provider of consumer cannabis products operating across medical and adult-use markets. Company updates often highlight its portfolio of brands, including Curaleaf, Select, Grassroots, Find, Anthem and The Hemp Company, and how these brands are deployed through retail dispensaries and international channels.
News coverage for Curaleaf commonly includes corporate and regulatory developments, such as its announced intention to seek shareholder approval for a proposed arrangement to continue from British Columbia, Canada to Delaware in the United States. This proposed domestication is described by the company as a way to align its corporate structure with its operational focus while maintaining its listings on the Toronto Stock Exchange and OTCQX.
Investors and observers can also expect retail expansion and operational updates. Recent announcements have covered the opening and relocation of dispensaries, including Curaleaf Millcreek in Erie, Pennsylvania, and Curaleaf Cape Canaveral in Florida. These releases describe new store locations, in-store experience, and the availability of products such as premium flower, vapes and edibles under the company’s brands.
Curaleaf’s news flow further includes transaction and financing announcements, such as its binding commitment to acquire, and later the termination of that commitment for, The Cannabist Company’s Virginia assets, and the upsizing of its revolving credit facility with Needham Bank from $40 million to $100 million. In addition, the company issues financial results releases, including quarterly reports prepared under U.S. GAAP that detail segment revenue, margins, cash flow and non-GAAP performance measures.
Beyond financial and operational items, Curaleaf also reports on community and social initiatives like its Feed the Block fundraiser to address food insecurity and partnerships with organizations such as the Baldwin Fund. For those tracking CURLF, this news page brings together these various categories of updates in one place.
Curaleaf Holdings (CURLF) has announced the opening of a new medical cannabis dispensary in Punta Gorda, Florida, marking its 67th location in the state and 153rd nationwide. The new store, located at 100 Madrid Blvd., will begin serving medical patients on May 23, 2025. The dispensary will offer Curaleaf's comprehensive product portfolio, including Select BRIQ vapes, Select RSO X-Bites, Anthem pre-rolls, Grassroots Dark Heart Collection, and the Florida-exclusive Reef flower brand.
The company has introduced a new patient discount structure offering 60% off for new patients' first three visits, along with everyday discounts for seniors, students, veterans, and their spouses. A grand opening celebration is scheduled for May 30, 2025, featuring live music, giveaways, and special promotions.
Curaleaf Holdings (CURLF) has opened its newest dispensary in Lima, Ohio, located at 2151 Elida Rd. This marks the company's third location in Ohio and brings its nationwide retail footprint to 152 locations. The Lima dispensary features a drive-through pick-up window and operates from 9:00 AM to 8:00 PM Monday through Saturday, and 9:00 AM to 7:00 PM on Sundays.
The new location will serve both medical patients and adult-use customers in northwest Ohio, offering products from trusted brands including Select BRIQ all-in-one vapes, Grassroots flower, JAMS edibles, and Find flower. A ribbon-cutting ceremony with the Lima Chamber of Commerce will be announced at a later date, featuring promotional offers and celebrations.
Curaleaf Holdings (CURLF) has announced its entry into the Australian medical cannabis market through the launch of Curaleaf branded products. The initial offering includes four cannabis flower strains that will be distributed through Canngea, a licensed Australian manufacturer and wholesaler.
The company plans to expand its portfolio in the coming months with precision-dosed inhalation formats and popular strains currently prescribed in the UK, Germany, and other European markets. The Australian market is projected to exceed $1 billion in annual sales next year, representing a significant opportunity for Curaleaf's global expansion strategy.
Curaleaf Holdings (TSX: CURA) (OTCQX: CURLF) has announced the opening of a new medical cannabis dispensary in Winter Park, Florida on April 17, 2025. Located at 3048 Aloma Rd., this marks the company's 66th store in Florida and brings its nationwide presence to 151 locations.
The Winter Park location represents Curaleaf's fifth store in the greater Orlando area and will offer various cannabis products including Select BRIQ all-in-one vapes, Reef flower brand, and newly launched pre-rolls from their Anthem brand. The dispensary will operate Monday through Saturday from 9:00 a.m. to 8:30 p.m. ET and Sundays from 10:00 a.m. to 7:00 p.m. ET.
A grand opening celebration is scheduled for April 19th, featuring a ribbon-cutting ceremony, live music, prizes, and promotions.
Curaleaf Holdings (CURLF) has announced the opening of its first dedicated hemp retail storefront, The Hemp Company, in West Palm Beach, Florida on April 15, 2025. Located at 300 Clematis Street in the downtown Entertainment District, the store represents the first licensed dispensary to transition into a hemp-only establishment.
The store will offer Farm Bill-compliant hemp-derived THC products to adults 21 and older, requiring no medical cannabis card. Operating hours extend from 10 AM to 9 PM ET Monday-Thursday, with extended hours until 1 AM on Fridays and Saturdays. The product lineup includes Curaleaf's Select™ hemp-derived THC products and various third-party brands such as 1906, Artet, Cann, and others.
A grand opening celebration is scheduled for April 19, 2025, featuring product tastings and giveaways. The company plans to implement local delivery options in the future, while maintaining its medical cannabis dispensary six miles away at 6835 Okeechobee Blvd.
Curaleaf Holdings (CURLF) has launched Anthem, a new classic pre-roll brand inspired by American innovation. The product features a 10-pack of 0.35g pre-rolls, initially available in New York, Illinois, Massachusetts, and New Jersey, with planned expansion to Arizona and Florida in April. Florida will also receive a 5-pack variant.
The pre-rolls are distinguished by their cylindrical style and flip-top box design, featuring locally-grown cannabis strains curated for consistent sativa, indica, or hybrid effects. The product targets both adult-use and medical patients, daily smokers, social smokers, and flower-first cannabis enthusiasts.
According to the 2024 Vangst Jobs Report, the legal cannabis industry supports 440,445 full-time equivalent jobs. The company notes that 88% of U.S. adults support marijuana legalization for medical or adult use, while highlighting challenges from federal restrictions and financial regulations like 280E.
Curaleaf Holdings (TSX: CURA / OTCQX: CURLF) has scheduled the release of its first quarter 2025 financial and operational results for May 8, 2025, after market close. The company will host a conference call and audio webcast at 5:00 p.m. ET on the same day.
The earnings call will include prepared remarks from management followed by a Q&A session focusing on operational and financial highlights. Interested parties can join via phone using the following numbers: +1-844-512-2926 (U.S.), +1-416-639-5883 (Canada), or +1-412-317-6300 (International) with passcode 3653488. A webcast will be available at ir.curaleaf.com/events.
A replay of the call will be accessible until May 15, 2025, by dialing +1-877-344-7529 (U.S.), +1-855-669-9658 (Canada), or +1-412-317-0088 (International) with replay pin 4847047.
Curaleaf Holdings (CURLF) has launched Select FormulaX, a new hemp-derived THC energy drink, expanding its beverage portfolio. The product contains 10mg THC and 50mg caffeine, targeting adults seeking a focused experience.
The drink comes in Glacial Melt and Rocket Pop flavors, featuring natural ingredients without artificial additives or high fructose corn syrup. The innovative packaging includes a thermo-temperature indicator that turns bright blue when optimally chilled.
Select FormulaX will be available through Curaleaf's online platform TheHempCompany.com, Curaleaf stores in Arizona and Maine, major retailers, and select on-demand delivery services. This launch aligns with growing market trends among young adults seeking cannabis alternatives to alcohol.
Curaleaf Holdings reported its Q4 2024 financial results with total revenue of $331.1 million, showing a 4% year-over-year decrease. The company's international revenue reached $31 million for the quarter, while full-year revenue remained flat at $1.34 billion.
Q4 2024 highlights include a gross margin of 48%, adjusted EBITDA of $75.8 million (23% margin), and cash position of $107.2 million. The company generated full-year operating cash flow of $163.3 million and free cash flow of $70.1 million from continuing operations.
Notable operational developments include opening two new Florida dispensaries, bringing US total to 151 stores, successful entry into the German market, and securing a $40 million revolving credit facility at 7.99% interest rate. The company reported a net loss from continuing operations of $71.8 million for Q4 and $216.2 million for the full year 2024.