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Curaleaf Price Target Spikes, Fueled By German Cannabis Legalization Changes — ROTH MKM Explains

Benzinga ·  Feb 28 18:17

Strategic Outlook And Earnings Forecast

According toROTH MKM, a privately held investment banking company, cannabis multi-state operatorCuraleaf Holdings, Inc.(CSE:CURA) (OTC:CURLF) is poised to unveil its fourth-quarter earnings for 2023 on March 6, with projections indicating a modest rise in revenue and EBITDA.

This anticipated growth is credited to Curaleaf's strategic positioning in essential markets such as Maryland and New Jersey and improved cost management.

Nevertheless, challenges like price competition and underused facilities are expected to moderate these improvements.

The company has forecasted a slight sequential growth in revenue, aiming for better margins and cash...

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