Those invested in cannabis stocks understand that taking profits has been a struggle. There is a hefty level of volatile trading that has kept the sector on a downward trend. This trend is what makes any sector, including cannabis nearly impossible to be profitable. At one time marijuana stocks showed healthy trading even in a down trend. Over the last few years, the trading behavior of public cannabis companies has changed drastically.
Curaleaf Holdings recently reported in-line financial results for Q4-2024 and FY2024. The company saw expansion in its revenue from international sales but contraction domestically. Revenue growth for FY2024 was flat compared to FY2023.
Marijuana stock investors are on edge with all this uncertainty surrounding the industry. With Donald Trump as our new president, there has been fear of what may become of the legal cannabis industry. Many feel that this will impact not only how marijuana stocks perform but also the small craft legal operators. At this time, there is a split between corporate cannabis-like MSOs such as Truleive versus small-batch farmers. For the small-batch legal operators, it has been tough to deal with the increase in taxes and regulatory concerns that make operating the business more challenging.
Curaleaf Holdings, Inc. (OTCPK:CURLF) Q4 2024 Earnings Conference Call March 1, 2025 5:00 PM ET Company Participants Camilo Lyon - Chief Investment Officer Boris Jordan - Chairman and Chief Executive Officer Ed Kremer - Chief Financial Officer Conference Call Participants Aaron Grey - Alliance Global Partners Frederico Gomes - ATB Capital Markets Russell Stanley - Beacon Securities Matt Bottomley - Canaccord Genuity Bill Kirk - ROTH Capital Partners Eric Des Lauriers - Craig-Hallam Capital Group Pablo Zuanic - Zuanic & Associates Operator Good day and welcome to the Curaleaf Holdings Fourth Quarter and Fiscal Year End 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Curaleaf Holdings, Inc. (CURLF) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.01 per share a year ago.
Trulieve Cannabis Corp. on Wednesday became the third large U.S. cannabis company to launch a line of beverages containing the intoxicant THC, as efforts to legalize cannabis on the federal level remain in limbo.
Marijuana stock investors have a strong outlook towards the future of the industry. What this means is with all the concerns about what will take place this year investors see the future being more profitable. The reason is based on the politics and regulatory fears with Donald Trump now in office. Many legal operators in the United States are all trying to stay productive and under the radar.
Curaleaf's stock price has dropped in the past few years as the cannabis industry's momentum and enthusiasm have waned. The CURLF share price is hovering near its all-time low, meaning that its market cap has dropped to $1.1 billion, down from a record high of $12.2 billion.
Marijuana stocks have another uphill battle in 2025. Right now many are worried about what will take place with Donald Trump being our new president. Is he going to help push the cannabis industry forward? Some feel that some of Trump's cabinet won't be aligned with the passing of federal reform or anything dealing with legal cannabis. Yet at this time, the cannabis industry continues to operate in a grey area where states can establish their markets. This has kept many in the game and continually looking for what public cannabis companies should invest in.
Cannabis investing in 2025 has many people intrigued by what will take place. Most marijuana stocks for the last several years have been faced with limited momentum. Now there have been moments where the volatility has led to a bounce for some marijuana stocks. Yet the overall outlook is better to reform and regulatory concerns being dealt with in a way that favors small-batch growers.
Most marijuana stocks are feeling the continued impact of volatile trading. The unpredictable patterns and drops in the sector have led to a lack of confidence. Yet this has also led to some finding ways to take up bigger positions at a lower entry level. Often when there is a pullback of any kind more people begin to search for the best marijuana stocks to buy. No one wants to miss a chance to invest a cheap share prices.
Curaleaf Holdings, Inc. stock plunged post-election, but Donald Trump's administration might support cannabis regulations, offering potential upside from current multi-year lows. Trump and allies, including Matt Gaetz and Elon Musk, show pro-cannabis stances, hinting at possible regulatory changes. Curaleaf faces financial stress with net debt and 280E taxes, but its size and international growth offer long-term potential.