Major marijuana multistate operator Curaleaf Holdings posted $345.3 million in net revenue for the fourth quarter of 2023, an increase of 1.5% over the same quarter the year before and 3.6% over the third quarter.
New York-based Curaleaf, which is the largest publicly traded marijuana operator by market capitalization, reported a $57.7 million net loss from continuing operations for the quarter ended Dec. 31.
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Curaleaf’s full-year revenue was $1.35 billion, up 6% on a year-over-year basis, with an annual net loss of $290.3 million, a 23% improvement over 2022’s $376.9 million net loss.
In prepared remarks made during a Wednesday night earnings presentation, Curaleaf Executive Chair Boris Jordan suggested the company is focused on “new or forthcoming adult-use states such as New York,
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