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Business Summary: Curaleaf Holdings, Inc. is an international provider of consumer products in cannabis. The Company and its brands, including Curaleaf, Select, Grassroots, JAMS, Find and Zero Proof, provide service, product selection and accessibility across the medical and adult use markets. It has operations in about 17 states and operates 151 dispensaries, 19 cultivation sites and 20 manufacturing facilities, through which it sells cannabis through wholesale channels. The Company places a premium on populated, limited license states, including Arizona, Connecticut, Florida, Illinois, Maryland, Massachusetts, Nevada, New York, New Jersey, North Dakota, Ohio and Pennsylvania. It cultivates, processes, markets and/or dispenses a wide range of permitted cannabis products across its operating markets, including flowers, pre-rolls and flower pods, dry-herb vaporizer cartridges, concentrates for vaporizing, concentrates for dabbing, mints and lozenges, topical balms and lotions, tinctures, and others.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Curaleaf Holdings Inc revenues decreased 9% to $310M. Net loss before extraordinary items increased 14% to $55.6M. Revenues reflect Domestic operations segment decrease of 14% to $275.1M, Domestic segment decrease of 14% to $275.1M. Higher net loss reflects Salaries and benefits increase of 3% to $59.8M (expense), (Loss) gain on disposal of assets decrease from $333K (income) to $1.1M (expense).