Beacon Securities analyst Russell Stanley expects Curaleaf stock to grow 255% in the next 12 months. Stanley gave a target price of 25 Canadian dollars.
Curaleaf Holdings (CURLF) (CURA) is one of the leading vertically integrated cannabis players in the US. The company has operations in 12 states.
Cannabis retailer MedMen Enterprises (MMNFF) has partnered with Onfleet software to handle its multistate logistics.
Curaleaf Holdings, Inc. (CURLF) (CURA) recently closed a deal with Acres Cannabis. Curaleaf bought Acres’ cultivation and production facilities in Amargosa Valley, Nevada. This 269,000-square-foot facility is for processing. With this deal, the company can expand its cultivation and processing operations in Nevada. Details of the deal On March 18, 2019, Curaleaf signed a deal […]
On Wednesday, Curaleaf Holdings (CURA) (CURLF) announced that it had entered into an agreement to acquire GR Companies, also called Grassroots Cannabis. The deal, which involves both cash and stock transactions, will be worth around $875 million. On the deal’s closing, Curaleaf will become the world’s largest cannabis company by revenue. [stock_market_widget type=”leaderboard” template=”basic” color=”default” […]
Sector performance Following weakness in the broader equity market due to uncertainty about the outcome of the trade negotiations between the US and China and concerns about global economic growth, cannabis stocks fell last week. On March 1–8, the stock price of the Horizons Marijuana Life Sciences Index ETF (HMMJ) fell 2.6%, while the stock price of […]