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Curaleaf Holdings Acquires Full Ownership of European Operations

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  • Curaleaf Holdings is a leading provider of cannabis products internationally.
  • Curaleaf has acquired full ownership of its European operations, enhancing strategic alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Curaleaf Holdings Acquires Full Ownership of European Operations

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Curaleaf Holdings ( (TSE:CURA) ) has provided an announcement.

Curaleaf Holdings has acquired the remaining equity stake in Curaleaf International Holdings Limited from a strategic institutional investor, bringing its ownership to 100%. This acquisition, completed through a Put/Call Option agreement, allows Curaleaf to streamline decision-making and enhance strategic alignment across its European operations, reinforcing its commitment to international expansion and long-term shareholder value.

The most recent analyst rating on (TSE:CURA) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on Curaleaf Holdings stock, see the TSE:CURA Stock Forecast page.

Spark’s Take on TSE:CURA Stock

According to Spark, TipRanks’ AI Analyst, TSE:CURA is a Neutral.

Curaleaf Holdings’ overall stock score reflects significant financial challenges, including declining revenues and persistent net losses, countered by strong international growth and improved margins. Technical indicators suggest a bearish trend, while valuation metrics reflect ongoing profitability issues. Strategic expansions and operational efficiency improvements provide some optimism for future growth.

To see Spark’s full report on TSE:CURA stock, click here.

More about Curaleaf Holdings

Curaleaf Holdings, Inc. is a leading international provider of consumer cannabis products, committed to enhancing lives through the cultivation and distribution of cannabis. The company is known for its quality, expertise, and reliability, offering a wide range of products across medical and adult-use markets. Curaleaf operates a robust supply chain and distribution network throughout Europe, Canada, and Australasia, integrating pioneering research with advanced cultivation, extraction, and production techniques.

Average Trading Volume: 300,818

Technical Sentiment Signal: Sell

Current Market Cap: C$855.8M

See more insights into CURA stock on TipRanks’ Stock Analysis page.

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