Curaleaf Reports Record Q4 Revenue Of $345M, Narrows Loss On Higher Sales, Growing Market Share



Curaleaf Holdings, Inc. (OTCQX:CURLF) reported fourth-quarter financial results Wednesday.

“I’m pleased to report that the work we’ve done over the past several quarters has paid off,” said Curaleaf’s executive chairman Boris Jordan.

“Curaleaf ended the year strong and is positioned extremely well for the future. In the fourth quarter, we generated record revenue of $345 million. Adjusted gross margin of 46% improved by 80 basis points versus last quarter, and adjusted EBITDA was $83 million or 24% of sales.”

Matt Darin, Curaleaf CEO, said the positive results are thanks to the company’s teamwork and discipline.

“Our fourth quarter results are a solid reflection of the discipline and rigor we have put into evolving our …

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