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. (CURLF) is a prominent international provider of consumer cannabis products, known for its mission to enhance lives by sharing and celebrating the power of the plant. It operates under various brands like Curaleaf, Select, Grassroots, JAMS, Find, and Zero Proof in the medical and adult-use markets. With operations in over 15 countries globally, Curaleaf focuses on quality, expertise, and accessibility in the cannabis industry.
Recently, Curaleaf announced a strategic acquisition of Northern Green Canada, a licensed Canadian cannabis producer with a focus on international market expansion. This move aligns with Curaleaf's vision of becoming a global cannabis company with a strong presence in North America, Europe, and Australasia. The acquisition of NGC provides Curaleaf with EU-GMP certification, enabling the company to strengthen its supply chain, improve margins, and extend its global footprint.
Under the leadership of Boris Jordan, Executive Chairman, and Matt Darin, CEO, Curaleaf continues to drive growth and innovation within the cannabis space. The company's commitment to delivering high-quality products and patient access remains a top priority in evolving markets and regulatory environments.
Curaleaf announced the rebranding of its recently acquired Arrow Alternative Care and Grassroots dispensaries in Connecticut to Curaleaf branding. The company, a leading cannabis operator in the U.S., aims to strengthen its market position by aligning these locations with its national brand strategy. Curaleaf operates four dispensaries in the state and has expanded its product offerings, including its top-ranked Select brand. The rebranding underscores Curaleaf's commitment to quality and customer satisfaction, with an emphasis on enhancing community relationships.
Curaleaf has launched its new NANO Drops in Florida, utilizing innovative nanoemulsion technology for enhanced cannabinoid delivery. This product aims to provide customers with a faster onset and more efficient dosing method compared to traditional tinctures. Curaleaf's Select brand recently generated $1 million in sales in just one month. The NANO Drops deliver a 5MG THC dose per 1ML and are available in unflavored, lime, and grapefruit options. This launch complements Curaleaf's existing product line and reflects its commitment to customer choice in cannabis consumption.
Curaleaf Holdings announced its third quarter financial results for 2020 will be reported after market close on November 17, 2020. The conference call is scheduled for 4:30 p.m. ET the same day, featuring operational and financial highlights, followed by a Q&A session. For those unable to attend, a replay will be available until November 24. Curaleaf operates in 23 states with over 93 dispensaries and employs more than 3,000 individuals, committed to enhancing cannabis clarity and consumption confidence.
Curaleaf Holdings has received approval from the Massachusetts Cannabis Control Commission for its acquisition of Alternative Therapies Group (ATG). This acquisition will enhance Curaleaf's cultivation capacity in Massachusetts by 60%, aiming to meet rising demand in the cannabis market. The deal includes ATG's 53,600 square foot facility in Amesbury. Curaleaf operates across 23 states and plans to continue expanding its offerings, notably through its Select brand, now available in 14 states. The acquisition is set to close soon, positioning Curaleaf for significant growth.
Curaleaf Holdings, a leading multi-state cannabis operator, has launched a month-long fundraising initiative supporting ten organizations dedicated to breast cancer awareness and services across the U.S. During October, over sixty dispensaries will match customer donations and offer limited-edition pink products. This initiative aims to impact thousands of families affected by breast cancer, providing education, research, and patient support. Last year, Curaleaf raised over $38,000 in Florida for local charities. The company continues its commitment to social responsibility and plans to unveil a comprehensive social equity plan later this year.
Curaleaf Holdings expands its Select Oil brand into Ohio, increasing its presence to 14 states. Beginning with Select Elite cartridges, the brand is targeting the state's 131,654 registered medical cannabis patients. Curaleaf acquired Select in February 2020, making it a leading product in the cannabis oil market. More products, including CBD:THC Ratio Drops, will be launched on October 19. Currently, Ohio has 52 licensed dispensaries catering to medical marijuana patients.
Greenhouse Group has opened a new 9,982 square foot dispensary in Northbrook, Illinois on October 1, 2020. The ceremonial ribbon cutting, held in partnership with the Northbrook Chamber of Commerce, emphasizes their commitment to serving the community.
This location focuses on providing an inclusive environment with 46 new jobs created and offers a variety of cannabis products. Furthermore, it is now under the branding of Curaleaf Holdings, Inc., following its acquisition of Grassroots on July 23, 2020.
Curaleaf Holdings announced its participation in two upcoming investor conferences: A.G.P.'s Virtual Consumer Cannabis Conference on September 29 at 12:00 p.m. ET, featuring Ed Conklin alongside John Boehner, and Canaccord Genuity's U.S. Cannabis Symposium on September 30 at 2:30 p.m. ET, with Boris Jordan presenting a fireside chat. Curaleaf continues to lead the U.S. cannabis market, operating in 23 states with 93 dispensaries and over 3,000 employees. The company is committed to enhancing cannabis clarity and consumption confidence.
Curaleaf Holdings, Inc. (CURLF) has launched a limited-edition vape pen exclusively in Oregon, featuring the Captain Jack's strain in collaboration with Belushi's Farm. The Select brand, recognized as America’s top cannabis oil brand, aims to deliver a high-quality experience with this unique product. The vape pen will be available at Curaleaf's Portland dispensary and select locations statewide. Additionally, Curaleaf and its partners are raising $420,000 for fire relief efforts in Southern Oregon, showing their commitment to community support.
Curaleaf Holdings announced the launch of its Select brand products in New York, expanding its presence to 13 states. Select, acquired in February 2020, aims to be a nationally recognized cannabis brand, offering high-quality products like Select Elite cannabis oil cartridges. The company plans further expansion into Ohio, New Jersey, Illinois, Pennsylvania, and Utah. Curaleaf is committed to quality and social equity, contributing to local organizations to promote diversity in the cannabis industry.
FAQ
What is the current stock price of Curaleaf Hldgs (CURLF)?
What is the market cap of Curaleaf Hldgs (CURLF)?
What is Curaleaf Holdings, Inc. known for?
Who are the key leaders at Curaleaf?
What recent acquisition has Curaleaf made?
Where does Curaleaf operate?
