Curaleaf Holdings Inc. (CURLF)

[notshakenorstirred]

Curaleaf should benefit....New Jersey Is On the Verge of Making Recreational Marijuana Legal.

$CURLF is developing a two-acre greenhouse in Jersey.

With New Jersey offering only a very limited number of cultivation and retail licenses, this is a means for Curaleaf to spread its wings with minimal competition.

Currently, most of its dispensaries are located in Florida, and as a result, Curaleaf is looking for a means to branch out and improve brand engagement.

One niche within the cannabis industry, looking to quickly benefit if recreational marijuana becomes law in New Jersey, is vertically integrated dispensaries.

Since marijuana is still illegal at the federal level, thereby disallowing interstate transport, chain-based dispensaries often operate grow farms and/or processing facilities in the same states as their retail operations.

This allows vertically integrated dispensaries to control their costs, supply, and the quality of the product being sold in their stores.

New Jersey Is On the Verge of Making Recreational Marijuana Legal...The Motley Fool 3/16/19

aaimo