Curaleaf revenue rises 407% as losses widen
U.S. cannabis retailer and producer Curaleaf Holdings Inc. CURLF, +3.44% reported widening losses and revenue that grew 407% late Wednesday. The company reported fourth-quarter net losses of $16.5 million, or 4 cents a share, compared with profits of $624,000, or zero cents a share in the year-ago quarter. Revenue rose to $32 million from $6.3 million in the year-ago period, excluding revenue from managed entities.
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