Curaleaf: Seriously?

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So, earnings season for these cannabis companies, right? It’s always the same story. They lose money. Shocking. Absolutely shocking. You’d think after, what, a decade of this, we’d be less surprised. It’s like expecting a pigeon to *not* relieve itself on a statue.

And Curaleaf, Curaleaf (CURLF) – a company name that sounds like a cough drop – predictably, reported a loss for the quarter. After the bell. Of course. Like they were trying to hide it. A $53 million loss. It’s not *much* worse than last year, they’re saying. Not much worse! As if that’s a selling point. “Hey, we’re still losing a fortune, but it’s a slightly more *manageable* fortune!” What is that? It’s just… a loss.

Tolerance? More Like Resignation.

They had $314 million in revenue. Down from $342 million. See, this is what gets me. They’re supposed to be *growing*. That’s the whole pitch, isn’t it? “Growth!” “Disruptive!” Yet, they’re shrinking! And people bought the stock today. *Up* 7%. Based on… what? Pure optimism? Or are people just throwing darts at a board? Because I’m starting to think that’s a more rational investment strategy.

They opened two dispensaries. Big deal. One in Florida…Winter Park, near Orlando. Very fancy. And one in Lima, Ohio. Lima. Really? Okay. And two new products. Anthem pre-rolls. Like cigarettes, but with, you know, the stuff. And Select ACE oil. More stuff. You know, I bet they spent more money *naming* these things than actually improving their profit margin.

Then there’s Turkey. A license to sell medical marijuana in Turkey. That’s…a market. I guess. I mean, good for them. But Turkey? Is that really where the big money is? And who even thought to look into the Turkish medical marijuana market? It’s just…random. And now they have to navigate Turkish bureaucracy. Oh, the joy. The absolute joy.

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Legalization, Still a Pipe Dream

Look, let’s be honest. These marijuana stocks are all waiting for the U.S. to get its act together. Legalize it, decriminalize it, *something*. But it’s just…not happening. It’s like waiting for common sense. You’re just perpetually disappointed. So, we sit here, state by state, a patchwork of rules and regulations. It’s untidy. It’s inefficient. It’s… infuriating. And people are making investment decisions based on this? It’s bewildering. Truly. I need a lie down.

Honestly, it’s just exhausting. 🙄

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2025-08-08 03:24