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Markets extend selling, but tech recoversThis summary was created by AI, based on 2 opinions in the last 12 months.
Curaleaf Holdings Inc. faces significant challenges in the current marijuana market, primarily due to the inconsistencies in federal laws surrounding cannabis. The ongoing prohibition at the federal level in the USA complicates the business landscape, particularly since companies cannot deduct expenses like traditional businesses. Experts highlight that until there is a significant shift in legislation to legalize marijuana widely, the outlook remains bleak. The market is currently oversaturated, further adding pressure on profit margins. Although there is potential for a recovery if laws change, cautious investors are advised to avoid this stock for the time being due to its unstable position and lack of growth prospects.
US rescheduling hasn't happened. Off peak. Fits and starts when there's news. Entrenched opposition. US firms can't deduct expenses like a "legitimate" business, so can't turn a profit. Trader's dream, but not for long term.
He deals with 3- to 5-year money, holds it a long time, and rides the growth of the underlying business. Canadian marijuana space is at risk. US landscape is more fertile, better capitalized, better opportunities, and more upside, especially when the US legislation becomes law.
Curaleaf Holdings Inc is a OTC stock, trading under the symbol CURA-CSE on the (). It is usually referred to as or CURA-CSE
In the last year, 1 stock analyst published opinions about CURA-CSE. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Curaleaf Holdings Inc.
Curaleaf Holdings Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Curaleaf Holdings Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Curaleaf Holdings Inc In the last year. It is a trending stock that is worth watching.
On , Curaleaf Holdings Inc (CURA-CSE) stock closed at a price of $.
Large issue with the company is legalizing the products(marijuana). Another worry is the over supply of products in the market. Federal laws against marijuana in USA make it hard to deal with expenses that are not deductible (100% tax rate). Could be a good investment if US legislation changes. In the meantime, would not recommend investing.