Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics.
Introduction
Curaleaf (OTCPK:CURLF) has emerged as one of the most dominant cannabis companies in the U.S. since it went public in October 2018. The company has reached a scale that is only matched by few and is expanding quickly through organic growth and large scale M&A. The latest quarter showed continued expansion but growth has slowed down significantly. We think Curaleaf's 2019 guidance could be at risk based on early 2019