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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 fiscal year ended 31 December 2024, Curaleaf Holdings Inc revenues decreased less than 1% to $1.34B. Net loss before extraordinary items decreased 9% to $209.6M. Revenues reflect Management fee income increase of 4% to $6.1M. Lower net loss reflects Other decrease of 71% to $14.6M (expense), Professional fees decrease of 37% to $24.4M (expense), Loss on disposal of assets increase from $8.5M (expense) to $4.6M (income).