CA - Curaleaf: New York To The Rescue
2024-03-12 14:53:44 ET
Summary
- Curaleaf Holdings, Inc. remains bullish on the cannabis market due to adult-use state programs and European approvals, rather than changes in U.S. federal regulations.
- The opening of the New York legal cannabis market presents a significant opportunity for Curaleaf, with the company already establishing a strong brand position in the medical cannabis market.
- Curaleaf sees potential for significant revenue growth in states like Florida, Ohio, Pennsylvania, as well as in European countries like Germany, the UK, and Poland.
- Curaleaf Holdings, Inc. stock is cheap below 10x adjusted EBITDA targets with strong revenue growth opportunities ahead.
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Curaleaf: New York To The Rescue