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Top News In தலைவர் போரிஸ் ஜோர்டான் Today - Breaking & Trending Today

Pot Companies' Hunt for New Markets Heats Up

Pot Companiesâ Hunt for New Markets Heats Up
May 17 2021, 5:48 PM
May 17 2021, 4:30 PM
May 17 2021, 5:48 PM
(Bloomberg) The cannabis land grab is getting more competitive.
(Bloomberg) The cannabis land grab is getting more competitive.
This was illustrated by Trulieveâs $2 billion acquisition of Harvest Health last week, which gives the company access to new states such as Maryland and Pennsylvania. The deal may give Trulieve an edge as it competes with the other major U.S. multistate operators, Green Thumb Industries and Curaleaf Holdings, which have also expanded to new states in recent years. It also shows how thereâs less virgin territory to conquer as legalization spreads. ....

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Weed Legalization Is Broadening, and One Company Is Getting Ready

Weed Legalization Is Broadening, and One Company Is Getting Ready
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Curaleaf Blows Past Expectations in Q1 With Even Bigger Opportunities Ahead

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I picked
Curaleaf Holdings (OTC:CURLF) as one of four pot stocks to buy on 420 Day (April 20) that could soar 20% or more this year. Since then, Curaleaf s share price has risen 12%.
That gain (and my prediction) were on the line as the company announced its first-quarter results after the market closed on Monday. Based on Curaleaf s Q1 update, though, I remain confident about the coming months. Here are the highlights from the multistate cannabis operator s results. ....

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Curaleaf CEO Joe Bayern interview on US, European expansion

AP Photo/Hans Pennink
Curaleaf will become the first US cannabis company to expand into Europe.
It s buying European cannabis company EMMAC Life Sciences in a $285 million deal.
Insider interviewed CEO Joseph Bayern and listened to Curaleaf s investor call to get more details.
The largest cannabis company in the US is making a bold bet on Europe, and said it expects to sell over $1.2 billion worth of marijuana at home this year.
Curaleaf struck a deal to buy EMMAC Life Sciences a cannabis company with operations in the UK, Germany, and Portugal, among other countries for $286 million in cash and stock. It s the first US cannabis company to expand outside of the US. ....

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Acreage Holdings (ACRDF), CURALEAF HLDGS INC by Curaleaf Hldgs Inc. (CURLF), Red White & Bloom Brands (RWBYF) - Earnings Roundup: Acreage Q4 Revenue Increases 50% YoY, Curaleaf Touts Record Revenue, Adjusted EBITDA

Acreage Holdings (ACRDF), CURALEAF HLDGS INC by Curaleaf Hldgs Inc. (CURLF), Red White & Bloom Brands (RWBYF) - Earnings Roundup: Acreage Q4 Revenue Increases 50% YoY, Curaleaf Touts Record Revenue, Adjusted EBITDA
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