Curaleaf Holdings Reports Steady Growth Amid Challenges

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.