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Benzinga
Benzinga
Business
Vuk Zdinjak

Curaleaf Q3 Revenue Grows 7% YoY, Driven By Constant Expansion

Curaleaf Holdings, Inc. (OTCQX:CURLF) (CSE:CURA) released its financial and operating results for the third quarter ended September 30, 2022, revealing total revenue increased by 7% to $340 million during the third quarter of 2022, compared to $317 million in the third quarter of 2021.

The company's year-over-year revenue growth primarily reflects continued growth driven by new retail store openings and commencement of adult-use in New Jersey, the acquisition of Bloom Dispensaries, the addition of new wholesale partner accounts, product launches, and the expansion of cultivation and production facilities.

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