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Benzinga
Benzinga
Business
Jelena Martinovic

Why Curaleaf Should Be A Core Holding In Any US MSO Portfolio: Analyst's Take On Q3 Earnings

Curaleaf United States Pablo Zuanic Curaleaf Holdings, Inc.

Curaleaf Holdings, Inc. (OTC:CURLF) reported its third-quarter financial results Tuesday, revealing a total revenue of $317.13 million, up by 74% year-over-year from $182.41 million and a 69% year-over-year improvement in adjusted EBITDA, which came in positive at $71 million.

Boris Jordan, the company’s executive chairman, said Monday that despite facing “some transient headwinds,” Curaleaf “continued to execute well against our strategic initiatives, prioritizing growth and gaining market share.

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