Cannabis earnings season took off last week mostly to the delight of many marijuana-focused investors when reports from two large multi-state operators – Curaleaf (OTCQX:CURLF) and Green Thumb Industries (OTCQX:GTBIF) - provided a tad of optimism and some realistic explanation as to what is affecting their financials.
Green Thumb’s fourth-quarter revenue was in line with estimates, but the company missed on adjusted EBITDA while Curaleaf, on the other hand, had a small miss on revenue, but provided better than projected adjusted EBITDA, highlighted New Cannabis Venture’s Alan Brochstein.
