Curaleaf On Upward Trend ?

Curaleaf On Upward Trend ?

According to their latest figures and they say they are hiring too. “In fiscal 2019, the Curaleaf team delivered record results with our organic business growth and recent strategic acquisitions, solidifying our position as the leading cannabis operator in the United States,” CEO Joseph Lusardi said in a statement. Here’s what they are saying American cannabis operator Curaleaf Holdings, Inc. (CSE: CURA) reported record fourth-quarter revenue while also starting a hiring spree due to increased demand amid the COVID-19 crisis. The Massachusetts-based pot giant released its financial results Tuesday for the fourth quarter and full year ended Dec. 31, reporting record total revenue of US$75.5 million, and US$221 million, respectively. Fourth quarter revenue grew 22 per cent from the previous three-month period, which helped the company post a record adjusted EBITDA of US$13.8 million, which rose 32 per cent sequentially, Curaleaf said. In the 2019 fiscal year, the company said it acquired nine other businesses, including a well-known cannabis vape and concentrates brand called Select. The merger deals gave Curaleaf an additional 11 dispensaries, 5 cultivation sites and 14 processing sites, it said. “In fiscal 2019, the Curaleaf team delivered record results with our organic business growth and recent strategic acquisitions, solidifying our position as the leading cannabis operator in the United States,” CEO Joseph Lusardi said in a statement. Curaleaf reports record Q4, bucks recent trends with hiring spree The Full Curaleaf Press Release Curaleaf Reports Record Fourth Quarter and Fiscal Year End 2019 Financial and Operational Results NEWS PROVIDED BY Curaleaf Holdings, Inc.  Mar 24, 2020, 16:01 ET Generated…

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Source : CANNANNEW REPORT
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