Curaleaf Holdings Reports Steady Growth Amid Challenges
Company Announcements

Curaleaf Holdings Reports Steady Growth Amid Challenges

Story Highlights

Curaleaf Holdings (TSE:CURA) has released an update.

Curaleaf Holdings reported a slight decline in third-quarter revenue to $331 million, with a 1% decrease year-over-year, but highlighted significant growth in its international business, which rose by 82%. Despite the challenges in the cannabis industry, the company maintained a strong adjusted EBITDA and continues to focus on sustainable growth. Curaleaf has also secured a $40 million revolving credit facility to bolster its financial position.

For further insights into TSE:CURA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskCuraleaf Secures $40M Credit Facility to Boost Growth
TheFlyCuraleaf price target lowered to $5 from $7 at Roth MKM
TheFlyCuraleaf price target lowered to C$7.25 from C$8.50 at Canaccord
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App