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Bullboard - Stock Discussion Forum Curaleaf Holdings Inc T.CURA

Alternate Symbol(s):  CURLF

Curaleaf Holdings, Inc. is an international provider of consumer cannabis products. The Company and its brands, including Curaleaf, Select, Grassroots, JAMS, Find and Zero Proof provide selection and accessibility across the medical and adult use markets. It operates in approximately 17 states and owns and operates 147 dispensaries and 21 cultivation sites with a focus on states, including... see more

TSX:CURA - Post Discussion

Curaleaf Holdings Inc > CURE and DAVIDsTEA (DTEA) (The Tesla of Tea) ?
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Post by stockfy on Jan 15, 2021 3:48pm

CURE and DAVIDsTEA (DTEA) (The Tesla of Tea) ?

CURA has many processing facilities while debt-free, profitable DAVIDsTEA (DTEA) has a top quality tea brand and this is why DAVIDsTEA is often called the TESLA of tea.

As such, DTEA  was recently named #1 Canadian Specialty Store in Leger Marketing's #COOL study, asking both Millennials and Gen Z what companies they love and appreciate most, facts below:
 
https://ir.davidstea.com/news-releases/news-release-details/davidstea-was-named-1-canadian-specialty-store-leger-marketings
 
 
The love from Millennials and Gen Z is very important for a brand. Few brands have it although many brands want to have it, because Millennials and Gen Z move the market.
 
Additionally, DAVIDsTEA benefits from a strong secular trend. This secular trend is the health benefits of tea and the new generations (Millennials & Gen Z) are more health-conscious than the old generations. 
 
Given also that DTEA is seeking to expand to new products, a CBD-infused tea is very likely. DTEA's CEO was thinking of it in 2019 and said that he had to wait until the CBD-infused tea becomes legal in Canada.

The CBD-infused tea has become legal today.
 
On top of this, profitable DTEA currently is dirt-cheap at about $2.80 per share because it trades less than 1 times its revenue.

After all, I believe we could see a cooperation between CURA and DTEA for a CBD-infused tea. 

 
Comment by Form001 on Jan 15, 2021 5:05pm
First thing, CURA is not debt free (250M), second, David’s Tea have the choice to find cannabis.
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