Curaleaf’s Performance in the First Nine Months of 2018

As we discussed in the previous article, Curaleaf Holdings (LDVTF), one of the leading cannabis operators in the United States, released its third-quarter earnings results on November 26. Curaleaf Holdings reported a 247% increase in its revenue to $45.1 million in the first nine months of 2018 compared to $13.0 million in the same period of 2017. Its revenue in the first nine months of 2018 was $55.0 million on a pro forma basis when consolidated for nonprofit entities.