CURA: International Revenue 1:21PM ET on Thursday Nov 07, 2024 by Dow Jones
1321 ET - Curaleaf Holdings is on track to eclipse $100 million in international revenue this year, with a vision for more growth coming in Germany, the U.K. and Poland, Alliance Global Partners analyst Aaron Grey says in a research note.
The cannabis company remains the largest player in terms of sales outside of North America, which were up 17% quarter-to-quarter in 3Q and came roughly in line with Grey's estimates, he says. International sales should help keep Curaleaf's top line moving higher following the disappointing defeat of a recreational cannabis legalization vote in Florida this week, Grey says.(dean.seal@wsj.com)