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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 > NY Have Now Closed 640 illegal Cannabis shops and growing...
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Post by blackspade799 on Jul 19, 2024 11:55am

NY Have Now Closed 640 illegal Cannabis shops and growing...

NY city estimates it has seized $20 million of illegal products and imposed more than $51 million of civil fines since the crackdown began, in addition to closing the 640 illegal cannabis shops.

https://www.reuters.com/legal/judge-wont-halt-new-york-city-crackdown-unlicensed-cannabis-sales-2024-07-18/
Comment by blackspade799 on Jul 20, 2024 9:36am
So NY police closed down 640 illegal cannabis shops. NY only has 146 legal cannabis shops which should be seeing double digit growth. Curaleaf has the largest operations in NYS. Curaleaf is doing everything to help remedy the new supply chain as more illegal stores close our wholesale market grows. Q2 number and Q3-4 are going to be where we start to see CURA separate from the rest of the pack, as ...more  
Comment by blackspade799 on Jul 20, 2024 1:57pm
With 640 illegal shops closed and more closing to come, that will give the 146 shops 4x new customers. So if CURA was generating $50-$60mil in their 4 medical stores and now have 2 Adult use stores open and are serving over 10 W/S shops in NY. Its safe to say CURA should see $150-$200+mil in sales this year?  In Germany CURA had about $16mil in sales In their medical market, Now with ...more  
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