Curaleaf Holdings (CSE: CURA) this morning achieved a milestone, with company opening its 100th national retail location within the US. The milestone was achieved with the opening of the firms Jacksonville San Jose location in Florida, the second of four dispensaries set to open this month in the state.
In conjunction with the additional store openings in Florida, the company also indicated that it intends to increase its cultivation capacity within the state. The expansion is expected to add over 40 new jobs, however the company did not provide commentary on the size of the actual expansion, or the additional capacity it’ll bring to the market.
By the end of February, the company intends to have 102 retail cannabis locations nationwide, 37 of which will be located within Florida.
Curaleaf Holdings last traded at $21.67 on the CSE.
Information for this briefing was found via Sedar and Curaleaf Holdings. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.