The largest marijuana company in the US spikes after its chairman says business is booming and the company will be profitable next year

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'The US industry is turning around,' said Boris Jordan, chairman of Curaleaf's board of directors. Shares gained as much as 6%.

Curaleaf, the largest marijuana company in the US, said it would be net-income positive next year in an interview with Bloomberg TV on Wednesday. Shares of the company jumped nearly 6% in early trading Thursday. Boris Jordan, the chairman of Curaleaf's board, said that the US cannabis market is turning around and showing signs of booming. Watch Curaleaf trade live on Markets Insider.

Curaleaf, the largest marijuana company in the US, said it would be net-income positive next year in an interview with Bloomberg TV on Wednesday. Shares of the company jumped nearly 6% in early trading Thursday. Boris Jordan, the chairman of Curaleaf's board, said that the US cannabis market is turning around and showing signs of booming. Watch Curaleaf trade live on Markets Insider.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. to states: School lunch changes none of your businessAs schools begin reopening their doors to children nationwide, the U.S. governme... Because, in the end, the small-govt GOP isn't really for small government US school must stop serving food in styrofoam!! a man that posts himself eating kfc on his private jet shouldn’t be in charge of making school lunches or even have a say about what they should be like
Source: Reuters - 🏆 2. / 97 Read more »