Curaleaf Holdings (CURLF), the largest U.S. cannabis operator by revenue, has seen its stock tumble approximately 46% year-to-date, even as the broader cannabis sector edges up around 7% in the same period.
What’s Causing the Sell-Off?Several key factors appear to be weighing on Curaleaf:Regulatory headwinds: Ongoing delays in federal cannabis reform remain a drag. While the … [Read more...] about 
Curaleaf Shares Slump Nearly 50%—Time to Reassess?
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Moldy Bud Blues: When Your Weed Gets Recalled
You ever open a fresh jar of flower, take a whiff, and think, “Huh… that smells like a basement in July?” Well, guess what? The suits at Curaleaf just admitted one of their buds might’ve gone rogue—and by rogue, I mean moldy. That’s right, folks. The state of Connecticut dropped the hammer (gently, of course) on a batch of Curaleaf Whole Flower 3.5g Auburn (H), and it’s … [Read more...] about Moldy Bud Blues: When Your Weed Gets Recalled
SUN: Curaleaf employees sue over alleged wrongful cannabis tip distribution in Maryland
MARYLAND — Maryland employees of Curaleaf filed a lawsuit against the national cannabis dispensary on Thursday alleging it wrongfully distributed tips to people within managerial positions. The plaintiffs allege Curaleaf violated the Fair Labor Standards Act and unjustly enriched itself when people in management roles received a larger portion of the tip pool. Curaleaf could … [Read more...] about SUN: Curaleaf employees sue over alleged wrongful cannabis tip distribution in Maryland
The Hemp Co. by Curaleaf Celebrates Dry January With Debut of 2.5 mg Select Zero Proof Hemp Seltzer, New Flavors
Curaleaf Holdings Inc., a leading international provider of consumer cannabis products, introduced the latest addition to its new line of hemp-derived THC products, Select Zero Proof 2.5-milligram Hemp THC Seltzer. Debuting in time for Dry January, Select Zero Proof Seltzer is a delicious, fast-acting beverage now available in 2.5-milligram hemp THC, in addition to the … [Read more...] about The Hemp Co. by Curaleaf Celebrates Dry January With Debut of 2.5 mg Select Zero Proof Hemp Seltzer, New Flavors
Cannabis commission OKs first research facility license
The Cannabis Control Commission has approved the state's first cannabis research facility. The agency gave the green light to Curaleaf Processing, Inc., an affiliate of Curaleaf Holdings, Inc (OTCMKTS: CURLF) at a Nov. 14 meeting. The facility would be located at 241 Riverview Ave. in Newton. Curaleaf must still submit a research permit application, laying out specific … [Read more...] about Cannabis commission OKs first research facility license
Curaleaf banks on Trump, GOP support for federal cannabis reform
CEO Boris Jordan believes Trump could finally break the federal reform logjam. The nation’s largest cannabis company says it is already engaging with Donald Trump’s transition team, betting the president-elect’s pro-business stance and campaign promises could revive an industry rattled by Florida’s failed legalization bid and ongoing federal prohibition. Curaleaf Holdings’ … [Read more...] about Curaleaf banks on Trump, GOP support for federal cannabis reform
Curaleaf Secures $40 Million Revolving Credit Facility
Curaleaf Holdings Inc., a leading international provider of consumer cannabis products, announced it successfully completed a new $40 million revolving credit facility with a major commercial regional bank. The credit line will be available to be drawn down as needed for general corporate purposes and working capital needs. "In my first few months in my new role as CEO, I've … [Read more...] about Curaleaf Secures $40 Million Revolving Credit Facility
Curaleaf loses another $44 million, despite more than $1B in revenue for the year
CEO Boris Jordan said Curaleaf would continue looking for paths to profitability, including through international expansion. Connecticut-based Curaleaf Holdings, Inc. (CURA: CA) (OTCQX: CURLF) on Wednesday posted a net loss of $44 million for the third quarter of 2024, bringing its total losses for the year to $144 million despite more than $1 billion in revenue as of Sept. 30. … [Read more...] about Curaleaf loses another $44 million, despite more than $1B in revenue for the year
Flora Growth Reaffirms Supply Agreement With Curaleaf That Curaleaf Just Denied
On Monday morning, Curaleaf confirmed on X that “Curaleaf has entered into an agreement to supply cannabis products to Flora Growth for distribution through Flora in Germany. The terms of the agreement are disclosed in a Form 8-K filed on November 1, 2024, by Flora Growth Co. [https://www.sec.gov/Archives/edgar/data/1790169/000106299324018209/form8k.htm]. Curaleaf is pleased to … [Read more...] about Flora Growth Reaffirms Supply Agreement With Curaleaf That Curaleaf Just Denied
Curaleaf Denies Having Supply Agreement With Flora Growth for German Market
Cannabis multistate operator Curaleaf is denying that it entered a supply agreement with Flora Growth after Flora Growth issued a press release on Oct. 30 suggesting just that. “There is no agreement in place between Curaleaf and Flora Growth Corp.,” according to a Curaleaf statement provided to Cannabis Business Times through the company’s public relations team. That … [Read more...] about Curaleaf Denies Having Supply Agreement With Flora Growth for German Market
