Multi-state U.S.-cannabis producer
Curaleaf Holdings (
CSE.CURA)
announced second-quarter results Monday night, reporting revenue more than doubling from the same period in 2019.
Curaleaf reported USD$121.4 million in managed revenue, a 120% increase over last year’s second quarter. Total revenue was up 142% year-over-year to $USD117.5 million, and wholesale revenue increased by 422% from Q2 2019 to US$33.3 million.
The company now has a foothold in 23 U.S. states, having completed its acquisition of Grassroots after quarter-end and closing smaller deals in New Jersey, Maine, and Colorado.
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