Curaleaf Holdings Inc T.CURA

Big Pharma won’t be happy about marijuana

[blackspade799]

Seventy-two U.S. senators accepted donations from the pharmaceutical industry ahead of the 2020 election. That number was 302 for the House. Combined, that’s more than two-thirds of Congress.

If that makes you sick to your stomach, you might want to sit down for this: More than 2,400 state legislators around the country cashed checks from drug lobbyists, including 82% of state lawmakers in California, which has a deep blue legislature. That’s on par with 84% of lawmakers in Louisiana, a state redder than Mississippi, in case you are tempted to see this as a partisan problem.

In 2021, the lobbying industry broke its overall record — eclipsing $3.7 billion — with experts pointing to Congress’ renewed effort to lower prescription costs as the primary driver behind the spike in pharma spending. Apparently, some people are happy with the status quo and are willing to fight for it.

 https://www.latimes.com/opinion/story/2022-04-20/marijuana-recreational-use-drugmakers-lobbying

[Zaphod]

What does any of this have to do with the company's inability to turn a profit in fact it's a loss per share increases a sales increase if they double sales it's gonna double losses  the only person investing in this stock smoked too much of the company's product

[blackspade799]

What does your post have anything to do with this article? Profit making? CURA is busy growing the business, State by state and growing in the EU. Your post is clear, you are shorting. All good. 

[Zaphod]

Not shorting at all but I did take losses earlier this year on this junk.  Pretty hard to short marijuana stocks as they rolled down the toilet. But look at the basic company financials the losses per share increase in equal rate to the sales . Increase sales should reduce the amount of losses as there's large fixed costs. If increased sales mean increase losses the business model is

[blackspade799]

 CURA continues to build and add to its team and roll out quality products. CURA will soon be adding Drinks this Summer. Cannabis is a multi Billion dollar business and CURA is the largest cannabis company in the world and the only one making over $1-Billion in rev and is expected to generate over $1.5-Billion this year. There is Zero chance cannabis will be legalized and I do not think SAFE

[Sampic]

Zaphead 280e instant profitability.Tell me the company that can remain profitable while scaling at an obscene rate  19 million to 1.5 billion in 4 years all while paying crazy state and federal tax rate?Cost will continue to decrease profits will continue to increase government legislation is inevitable Msos are the best value of any sector in the market.

[Sampic]

Early days of Tesla they lost 5 gs on every car posted a billion dollar loss in 2018 4 short years ago imagine if they paid a 75 percent tax rate?Thats how good Curaleafs business model is no other business in a different sector could survive let alone thrive.

[Sampic]

Amazon lost money for 5 years before they made a minor profit 4th quarter 2021 Shopify lost 345 million when companies are scaling there business as rapidly as Curaleaf they often lose money that being said Curaleaf would be extremely profitable already if the tax playing feild was level.

[Oldweed]

Taxes will be down soon, the writing is on the wall. You can see MJ is now popping up in every  corner of the mainstream media with allot of poking fun at politicians. The pressure is on and the momentum will not stop now, we will have safe soon.