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Low was 11.42 today
When can you deliver my cold six pack of Sierra Nevada Pale Ale?
Lol. JK
Not sure. Low daily volume and minimal movement in sp. Most holding for next big leg up. Oddly enough the last fins drop didn't shoot it up. Don't know if the next one will either. Hopefully this MORE act gets passed through the senate and get some good movement then. Not question of if but when. I'll hold long and continue to add.
For extra beer money? :)
Agreed 100%
cheers FX
pps needs to retest support of 11-11.50ish?
Bots playing games trying to get as many shares they can get at these levels. NO reason this should be trading lower today as other MJ stocks are up.
$100 EOY would be cool . :)
$30 at EOY? That would make for a very nice Christmas!
Almost like getting in an IPO at this level.
Yes. That is my view as well. Let’s hope they get it done.
I believe there's enough bi-partisan support this time as it's more of a stand alone bill for safe banking. Gonna fly up and passed $30 EOY. IMHO
They'll have institutions buying up all the shares can get.
If safe banking act is passed, this is going to go gangbusters !! $$$
What other industry is doubling earnings every few qtr's? Money, money and money. :)
The U.S. House of Representatives approved a bill enabling banks to do business with cannabis companies without fear of penalty, Bloomberg reports.
The so-called SAFE Banking Act would be a boon for marijuana companies, which have so-far used to deal in cash because of federal restrictions, which implied extra security costs and logistical problems.
The measure was approved by voice vote as part of the National Defense Authorization Act (NDAA) for fiscal year 2022.
Representative Ed Perlmutter, a Colorado Democrat, who had re-introduced the bill, in a tweet stated, the Act will strengthen the security of financial system.
https://seekingalpha.com/news/3742108-house-oks-bill-to-facilitate-banking-for-cannabis-companies?utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+News+Smart
Looks like there's something brewing. https://www.marijuanamoment.net/house-could-vote-on-psychedelics-research-for-military-and-marijuana-banking-as-part-of-defense-bill/
The reason why it's my largest holdings currently. :) Buy: Curaleaf Is The Biggest And Baddest Operator :)
Cannabis Is A High Conviction Buy: Curaleaf Is The Biggest And Baddest Operator
https://seekingalpha.com/article/4454726-cannabis-is-a-high-conviction-buy-curaleaf-is-the-biggest-and-baddest-operator?mail_subject=curlf-cannabis-is-a-high-conviction-buy-curaleaf-is-the-biggest-and-baddest-operator&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha
Mostly bots moving this ticker. C.E.O. recently said get ready cause it could run at any moment.
Back up the truck. 2 year refi at 1/2 current rates. M & A coming
Sweet! That would be great to be able to offer customers a sampler and allow them to test on site prior to larger purchase. Might have to get a waiver signed stating they're not driving or something though??? Even though a bar doesn't make anyone sign something prior to serving them a drink...
Happy, Cura has 3 NV stores --->>> Nevada marijuana firms ready consumption lounges to serve tourist throngs
Published 8 hours ago
By Margaret Jackson
GTI has 3 NV stores --->>> https://www.gtigrows.com/retail/essence
Nevada marijuana companies are mapping out plans to open consumption lounges next year under a new state law with the goal of serving the tens of millions of visitors who flock to Las Vegas annually.
Until now, tourists buying cannabis products in Sin City’s retail stores have had no place to smoke, eat or consume their purchases because it’s illegal to do so in public.
Moreover, consumption is not allowed in Las Vegas casinos or the city’s approximately 150,000 hotel rooms.
That has put a damper on sales to out-of-state visitors in this tourist-reliant city. In 2019, Las Vegas attracted more than 42 million visitors.
“When recreational cannabis was legalized here, it was legalized without a place for tourists to consume it,” said Layke Martin, executive director of the Nevada Dispensary Association.
“You weren’t legally allowed to consume it in public. Lounges create a space where cannabis products can be consumed legally.”
Hadhinah Felice, marketing director at Amargosa Valley-based cultivator MJ Holdings, predicts that “cannabis sales are going to skyrocket” thanks to consumption lounges. The company plans to open such a venue.
“Not only locals but visitors will crowd the lounges,” Felice predicted.
New law enacted
Nevada is one of nine states that permit on-site consumption of recreational marijuana, according to the Washington DC-based Marijuana Policy Project, although the pandemic has complicated plans for some business owners aiming to offer such venues.
A bill allowing for marijuana consumption lounges was among a flurry of last-minute measures approved by Nevada lawmakers in June, before they adjourned for the year. Gov. Steve Sisolak signed the measure into law.
The state’s Cannabis Compliance Board (CCB) must finalize the rules governing the lounges.
Under the new law, regulators can offer two new types of marijuana business licenses related to consumption lounges:
• One for retailers that want to open consumption lounges on the same property as their retail shops.
• One for stand-alone lounges that will be limited to single-use products, in the same manner as bars that sell alcohol.
Alcohol sales will be barred in either type of establishment.
Nevada has 86 cannabis retailers held by about 45 different ownership groups, Martin said. Each ownership group will be permitted to have one consumption lounge license if they have space that qualifies for one.
Nearly 60 retailers have indicated they’re interested in opening consumption lounges.
The CCB will provide store owners who held licenses as of July 1 written notification that they might be eligible for a permit for a retail cannabis consumption lounge.
Different licenses will be issued for lounges attached to marijuana retail outlets and stand-alone lounges that offer single-use products that can be consumed on the premises.
While the CCB has not yet finalized the rules for consumption lounges, state law has established certain parameters:
• Only the owner of a licensed adult-use store is eligible for a retail cannabis consumption lounge license – one person cannot hold both retail and independent cannabis consumption lounge licenses.
• At least half the licenses – 10 of the first 20 – issued to independent cannabis consumption lounges must be awarded to social equity applicants. A social equity applicant is someone who has been adversely affected by laws that criminalized cannabis-related activity.
• The one-time, nonrefundable application fee for a retail cannabis consumption lounge is $100,000 while the fee for an independent lounge is $10,000.
The CBC expects to issue the first round of licenses by early to mid-2022.
Years in the making
The Nevada marijuana industry has been seeking cannabis consumption lounges for years, given the state’s heavy reliance on tourism.
In Las Vegas, Planet 13 Holdings had already designated space for a consumption lounge at its superstore but then had to pivot.
The customer lines to buy product there were so long that Planet 13 opted to use the space designated for its consumption lounge to double the size of the sales floor to cut the wait time from 1½ hours to about 45 minutes.
Now the company is looking at a 4½-acre site with a 55,000-square-foot building adjacent to the store to build a consumption lounge, said Larry Scheffler, Planet 13’s co-CEO.
“That will give us 19 acres and a 176,000-square-foot marijuana superstore complex,” he said.
Planet 13 will use about 20,000 square feet of the building, which is owned by the superstore’s current landlord, for its consumption lounge and club, which will include a 4-inch-deep indoor splash pool that opens onto a 5,000-square-foot outdoor balcony. A skywalk will connect the consumption lounge to the dispensary.
“We’re very bullish on it,” Scheffler said. “This is what Vegas is about – entertainment. We’ve been very successful so far, and as long as we continue to create a destination, we’ll continue to be successful.”
Marijuana products sold at the Planet 13 consumption lounge will be more expensive than those sold at the superstore, and guests will not be able to bring in cannabis from other retailers, Scheffler said.
“If you’re at a club at the Wynn, you can’t bring in a bottle,” Scheffler said. “If you buy a bottle of wine for $50 at a store, it might cost $200 in the club.”
Like Planet 13, the Oasis Cannabis Dispensary in Las Vegas is looking at taking over a suite that’s adjacent to its retail shop to build out a consumption lounge, said Lissa Lawatsch, the store’s general manager.
She anticipates customers will purchase cannabis in the store and then take it into the adjacent consumption lounge.
“It depends on how the regulations are written,” she said. “We’re attached by a wall that connects the dispensary to the consumption lounge. If they allow us to connect the two, we do more with purchasing and delivering it to the table.
“But it sounds like it’s going to have to be two separate entities.”
Independent lounge planned
Roger Bloss, CEO of MJ Holdings, plans to apply for an independent consumption lounge license because the company does not currently operate any retail stores.
MJ Holdings would package and sell its own products in the consumption lounge. The company also is looking at acquiring a retail store.
“To complete our vertical, we need a retail opportunity and a consumption lounge,” Bloss said. “I’m a big proponent of consumption lounges and finding a way for Nevada’s worldwide global tourist trade to consume cannabis.
“I just don’t like that we put people in uncomfortable positions.”
Bloss noted that, back in the day, Las Vegas didn’t have nightclubs on the Strip, but tourists wanted them, so hotels and casinos built them.
“Once the hotels and casinos realized people were taking their money to other destinations, they started putting nightclubs in the hotels,” Bloss said.
“Vegas will create the ultimate destination for these lounges.”
omg what an incredible interview
tfp
An excellent interview with Boris about Cura and the industry as a whole. Very impressed. I sold some of my other US cannabis today to buy a bit here. Very impressed, he starts around the 30 min mark. I really like ttg also (I am a member) so call me biased.
I'm talking about what they are currently doing week over week, month over month. Not what they've done in the past to get where they are. And they are in NO WAY like acb.
700 million shares outstanding shy 300 from 1 billion.. mj not even legal. Gti and tru both not to far from 1 billion annual run rate at more than half of the shares currently by cura. That’s what I’m noticing. Hence why I believe the acb closer to cura same approach to the market.
WRONG! Check the fins. They're not diluting very much. ALL cannabis companies have been trending down from their highs. $CURLF has much less % down from their high in comparison. ALL GOOD HERE. LOAD AND HOLD!
Y’all remember aurora how they went crazy diluting shareholders for growth? I believe we are the aurora of usa. Play according. When legalization waves come around easy 100-500% from the bottom. Best of lucks curaleafers
$CURLF & $ERBB nice mooooves!
PHOENIX, AZ, Aug. 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today, American Green, Inc. (ERBB:OTC) announced that it has a new management services agreement with Curaleaf’s two cultivation facilities in Arizona.
David G. Gwyther, American Green’s president, said, “We are proud to extend our relationship with Curaleaf Holdings, Inc. for five years. There is also an opportunity for American Green to continue the agreement for three additional five-year periods after our initial five-year term is up. We will continue to provide our premium cannabis grown at our “Sweet Virginia” grow and provide the quality customer service that Curaleaf has been accustomed to so we can earn those future agreement extensions.”
"It has been a privilege to serve New Jersey's medical community over the past six years, and we look forward to forging new patient connections in Bordentown, generating new economic opportunities and delivering exceptional retail experiences as this market continues to mature," said Patrik Jonsson, Curaleaf Regional President, Northeast. "We are also excited to expand our Select retail footprint and introduce Select Bites to new patient and consumer audiences."
“After working in the sector for more than a decade and having the opportunity to meet and collaborate with so many amazing people who are doing so many great things in the sector, I am incredibly humbled to be honored with a Cannabis Leadership Award
“Josh has been an invaluable part of our operations team who has continued to create sophisticated IP, KPIs and SOPs. As an industry pioneer who has been instrumental in scaling our cultivation operations in Pennsylvania, Virginia, Nevada and Ohio, his expertise in genetics, cultivation methodologies and facility design have enabled us to swiftly bring to market top-selling, high-quality flower brands like The Bank and Sèche. I couldn’t be prouder of him, his hard work, dedication and commitment to the industry, but most importantly, of his strong moral character, which continues to be an inspiration to us all.”
“On behalf of the entire Jushi Family, I want to congratulate Josh on being a 2021 Cannabis Leadership Award winner,” said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi.
$$$ couldnt agree more
American Green secures five year cannabis grow management contract from Curaleaf
Aug. 25, 2021 7:57 AM ETAmerican Green, Inc. (ERBB), CURLF
By: Aakash Babu, SA News Editor
American Green (OTCPK:ERBB) has signed a new cannabis management services agreement with Curaleaf’s (OTCPK:CURLF) two cultivation facilities in Arizona.
The deal will provide American Green with ~$2.1M in annual revenue and $10.4M in revenue over the term of the agreement.
American Green has the option to continue the agreement for three additional five-year periods after the initial five-year term is up.
American Green’s premium cannabis is used in various Curaleaf and Select products, including some of their popular Live Resin offerings.
CURALEAF IS READY TO SERVE NEW JERSEY'S GROWING MARKET WITH NEW BORDENTOWN LOCATION
https://ir.curaleaf.com/2021-08-25-Curaleaf-Is-Ready-To-Serve-New-Jerseys-Growing-Market-With-New-Bordentown-Location
Curaleaf Bordentown is the company's third dispensary in the state and 109th nationwide
Select, America's #1 cannabis oil brand, launches in New Jersey, expanding reach to 19 states
WAKEFIELD, Mass., Aug. 25, 2021 /PRNewswire/ -- Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading U.S. provider of consumer products in cannabis, today announced the opening of Curaleaf Bordentown, the company's 109th dispensary nationwide. The Company also announced the launch of its Select brand in New Jersey, expanding the brand's reach to 19 states. Select Bites, which feature the brand's award-winning, concentrated broad-spectrum oil and science-based formulations that offer precise, consistent cannabis experiences for any occasion, are now available at all Curaleaf New Jersey locations.
Curaleaf Bordentown is a 9,546 square foot dispensary located at 191 Route 130, and is the second location that Curaleaf has opened in the state this year. All three of Curaleaf's New Jersey dispensaries are strategically positioned near the New York and Pennsylvania borders, allowing the Company to better serve the growing East Coast adult-use market. In June, Curaleaf started serving patients at Curaleaf Edgewater Park and announced that it had tripled its cultivation capabilities with its new facility in Winslow Township. Curaleaf's strategic expansion in New Jersey will allow the Company to serve both the existing medical market and the forthcoming adult-use market, which could launch as early as the end of this year. Through these latest expansion plans, Curaleaf expects to add over 200 new jobs to the local economy.
"It has been a privilege to serve New Jersey's medical community over the past six years, and we look forward to forging new patient connections in Bordentown, generating new economic opportunities and delivering exceptional retail experiences as this market continues to mature," said Patrik Jonsson, Curaleaf Regional President, Northeast. "We are also excited to expand our Select retail footprint and introduce Select Bites to new patient and consumer audiences."
Select Classic Bites are available in three flavors including Passion Fruit, Strawberry Peach and Blueberry. Later this year, Select Nano Bites and Select Squeeze will be introduced to the New Jersey market.
Starting on August 25, Curaleaf Bordentown will offer swag bags for the first 500 patients through the door and a 20% discount on first purchases throughout the first two weeks of opening. Additionally, Curaleaf will be making a donation of $5,000 to Habitat for Humanity of Burlington & Mercer Counties and has committed to volunteering to help build homes in the area in October. For more information on Curaleaf Bordentown and its selection of branded flower, vapes and ingestible products, please visit https://curaleaf.com/locations/.
About Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to improve lives by providing clarity around cannabis and confidence around consumption. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf and Select, provide industry-leading service, product selection and accessibility across the medical and adult-use markets. In the United States, Curaleaf currently operates in 23 states with 109 dispensaries, 22 cultivation sites and over 30 processing sites, and employs over 5,000 team members. Curaleaf International is the largest vertically integrated cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Canadian Securities Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.
Forward Looking Statements
This media advisory contains forward–looking statements and forward–looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or, "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward–looking statements and information concerning the opening of the Curaleaf Bordentown dispensary and expansion of the Select brand. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed?April 28, 2021, which is available under the Company's SEDAR profile at?http://www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward looking statements contained in this press release. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
INVESTOR CONTACT
Curaleaf Holdings, Inc.
Investor Relations
IR@curaleaf.com
MEDIA CONTACT
Curaleaf Holdings, Inc.
Tracy Brady, VP Corporate Communications
media@curaleaf.com
SOURCE Curaleaf Holdings, Inc.
That’s true…but these price dips will allow us to buy more guac dips in the future!
and he's not talkin about the guac! $CURLF $$$
Starting on August 25, Curaleaf Bordentown will offer swag bags for the first 500 patients through the door and a 20% discount on first purchases throughout the first two weeks of opening. Additionally, Curaleaf will be making a donation of $5,000 to Habitat for Humanity of Burlington & Mercer Counties and has committed to volunteering to help build homes in the area in October. For more information on Curaleaf Bordentown and its selection of branded flower, vapes and ingestible products, please visit https://curaleaf.com/locations/.
Select Classic Bites are available in three flavors including Passion Fruit, Strawberry Peach and Blueberry. Later this year, Select Nano Bites and Select Squeeze will be introduced to the New Jersey market.
"It has been a privilege to serve New Jersey's medical community over the past six years, and we look forward to forging new patient connections in Bordentown, generating new economic opportunities and delivering exceptional retail experiences as this market continues to mature," said Patrik Jonsson, Curaleaf Regional President, Northeast. "We are also excited to expand our Select retail footprint and introduce Select Bites to new patient and consumer audiences."
Curaleaf Bordentown is a 9,546 square foot dispensary located at 191 Route 130, and is the second location that Curaleaf has opened in the state this year. All three of Curaleaf's New Jersey dispensaries are strategically positioned near the New York and Pennsylvania borders, allowing the Company to better serve the growing East Coast adult-use market. In June, Curaleaf started serving patients at Curaleaf Edgewater Park and announced that it had tripled its cultivation capabilities with its new facility in Winslow Township. Curaleaf's strategic expansion in New Jersey will allow the Company to serve both the existing medical market and the forthcoming adult-use market, which could launch as early as the end of this year. Through these latest expansion plans, Curaleaf expects to add over 200 new jobs to the local economy.
WAKEFIELD, Mass., Aug. 25, 2021 /PRNewswire/ -- Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading U.S. provider of consumer products in cannabis, today announced the opening of Curaleaf Bordentown, the company's 109th dispensary nationwide. The Company also announced the launch of its Select brand in New Jersey, expanding the brand's reach to 19 states. Select Bites, which feature the brand's award-winning, concentrated broad-spectrum oil and science-based formulations that offer precise, consistent cannabis experiences for any occasion, are now available at all Curaleaf New Jersey locations.
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info@curaleaf.com
(781) 451-0150
301 Edgewater Place
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Wakefield, MA 01880
Christine Rigby, SVP, Investor Relations
PH: (781) 451-0150
Info@curaleaf.com
Investor Contact: KCSA Strategic Communications
Valter Pinto, Managing Director
PH: (212) 896-1260
IR@curaleaf.com
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