Best Marijuana Stocks To BuyCuraleaf Holdings, Inc. In the US one of the leading cannabis companies to watch is Curaleaf Holdings, Inc. Primarily, the company provides packaged cannabis products and has 106 retail dispensaries nationwide. In May Curaleaf reported its first-quarter 2021 revenue of $260 million up 170% year over year. Additionally, Curaleaf announced revenue guidance for Q2 2021 of $305-$315 million. Currently, the company is reporting strong Q1 results without the addition of sales from New York and New Jersey. As it stands with those other sales factored in Curaleaf could beat its 2021 full-year guidance for revenue of $1.2 -$1.3 billion.
On June 8th Curaleaf announced a strategic partnership between Curaleaf’s Select Brand and Rolling Stone. In detail, the partnership will bring a new line of co-branded Rolling Stone by Select cannabis products to Nevada with plans to expand. Together the two companies are focusing on bringing a leading lifestyle brand to a top voice in music and pop culture.
CURLF stock closed at $14.48 on June 11th up 21.29% year to date. In February CURLF reached a high of $18.38 and has gained 170.56% in its 1-year performance. According to analysts at Market Beat CURLF stock has a consensus price target of $22.50 per share. This would be an increase of 55.4% from current trading prices. With this in mind, CURLF stock could be one of the best cannabis stocks to buy in June.
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