Curaleaf Q1 marijuana revenue climbs to $35.3 million

Curaleaf Q1 marijuana revenue climbs to $35.3 million

Curaleaf, a Massachusetts-based, vertically integrated cannabis company, reported first-quarter revenue of $35.3 million, up from $9.1 million for the same period in 2018.

Net loss for the company in the period totaled $10.8 million versus $3.4 million last year.

Curaleaf, which agreed to acquire Cura Partners in a nearly $1 billion deal earlier this month, trades on the Canadian Securities Exchange under the ticker symbol CURA.

More details on the results can be found here.

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Published at Fri, 31 May 2019 17:40:59 +0000

Posted in: News

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