Curaleaf's Global Expansion: From MSO to MCO

Strong Financial Performance in Q2 2024

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading international cannabis operator, has announced strong financial results for the second quarter of 2024, demonstrating continued growth and expansion.

Key Highlights:

• Net revenue of $342.3 million, representing a significant year-over-year increase.
• Revenue in the second quarter of 2022 was $338 million, an increase of 8% sequentially and year-over-year.
• Executive Chairman Boris Jordan stated, "Second quarter revenue was $342 million, up 2% year-over-year."
• Revenue in the second quarter of 2023 was $339 million, an increase of 4% year-over-year.
• Curaleaf reported a Q1 2024 revenue of $339 million, marking a 2% increase year-over-year.

In addition to these financial highlights, Curaleaf continues to expand its international presence, transitioning from a multi-state operator (MSO) to a multi-country operator (MCO). This strategic evolution reflects the company's growing global footprint and commitment to providing high-quality cannabis products to consumers worldwide.