Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a vertically integrated cannabis operator in Florida recently announced it would be the first in Florida to launch medical cannabis tablets.
Curaleaf, the largest marijuana company in the US, expects to turn a profit in the next year, showing signs of life in the industry which has underperformed over the last few months.
Curaleaf CEO Joe Lusardi discusses the company’s second quarter earnings report, his outlook on the cannabis industry, and plans for future growth. He joins Yahoo Finance’s Zack Guzman and Emily McCormick, along with Ryan Payne, Payne Capital Management President, to discuss.
Curaleaf’s Regional Dispensary Operations Manager — speaks about why the company targeted Sanford for its newest dispensary location.
Cannabis company Curaleaf Holdings said it’s buying Grassroots, giving Curaleaf a foothold on the burgeoning market in the Midwest and sending its stock soaring 15% Wednesday.
It’s called the Veterans Cannabis Project, and organizers say marijuana can offer solutions that other medications cannot.
Massachusetts-based cannabis grower and dispenser Curaleaf Holdings Inc. said it has made two more acquisitions in Arizona with a combined consideration of $25.5 million in cash and stock.
After a recent acquisition, Curaleaf Holdings (CURLF) CEO Joseph Lusardi believes his company is poised to take over the cannabis industry.
Last month, the Massachusetts-based company which bills itself as “most accessible cannabis company in the U.S.” acquired Oregon-based Cura Brands, which sells cannabis oil to retailers under the brand name Select, for $950 million.
Curaleaf has “the biggest brand on the East Coast,” Lusardi told Yahoo Finance recently. “And with the combination of Select, we’ll have the biggest adult use lifestyle brand in the country.”
Three numbers to start your day:
President Donald Trump Announced a New 5% Tariff
—on Mexican goods imported into the U.S. The tariff is set to start on June 10th and will gradually rise to 25 percent. That’s unless Mexico stops illegal immigration to the U.S.
Friday’s surprising move puts more pressure on the Federal Reserve. If the trade war causes economic weakness, the Fed, which sees itself as politically independent, could be forced to cut interest rates to soften the blow of the President’s policies. And that’s exactly what he has been asking for.
Following the passage of the US Farm Bill last year, new avenues have opened for both industrial hemp grow operations as well as development of additional hemp-based products and cultivation methods. Taking advantage of those loosened restrictions, Curaleaf Holdings, Inc. (CSE: CURA; OTCQX: CURLF) today announced a partnership with the University of Connecticut for hemp growth research.