Curaleaf Holdings Inc (OTCMKTS:LDVTF) recently announced that it has opened its 15th medical marijuana dispensary in Florida. That represents a dramatic growth curve, especially for an east-coast operation. And it puts LDVTF on the radar as a leading player in the US-based cannabis movement.
According to the release, located in the East Orlando area, the dispensary includes the community’s first medical marijuana drive-thru. Curaleaf now has 30 dispensaries in operation across the United States. Curaleaf, a leader in providing patients with access to medical marijuana in Florida, was the first in the state to introduce and pilot the drive-thru concept at its Palm Harbor dispensary this past summer. The drive-thru has proven to deliver Gulf coast patients an added benefit – convenience.
Curaleaf Holdings Inc (OTCMKTS:LDVTF) promulgates itself as a company that operates as an integrated medical and wellness cannabis operator in the United States.
The next big cannabis story to hit North America is Phoenix Life Science International (PLSI), traded in the US, but with the largest global production based in the tropics and a license to distribute worldwide. Take a look at Phoenix Life Science International PLSI), Its currently trading under $18 dollars per share on the OTC markets. Learn More Now!
The Company is the parent of Curaleaf, Inc., a leading vertically integrated cannabis operator in the United States. Headquartered in Wakefield, Massachusetts, Curaleaf, Inc. has a presence in 12 states.
Curaleaf, Inc. operates 30 dispensaries, 12 cultivation sites and 9 processing sites with a focus on highly populated, limited license states, including Florida, Massachusetts, New Jersey, and New York. Curaleaf, Inc. leverages its extensive research and development capabilities to distribute cannabis products in multiple formats with the highest standard for safety, effectiveness, consistent quality and customer care. Curaleaf is committed to being the industry’s leading resource in education and advancement through research and advocacy.
Curaleaf Inc.’s Florida operations were the first in the cannabis industry to receive the Safe Quality Food certification under the Global Food Safety Initiative, setting a new standard of excellence.
It cultivates, processes, markets, and/or dispenses a range of cannabis products in various operating markets, including flower, pre-rolls and flower pods, dry-herb vaporizer cartridges, concentrates for vaporizing, concentrates for dabbing, tinctures, lozenges, capsules, and edibles.
The company also provides non-cannabis services to licensed cannabis operators in the areas of cultivation, extraction and production, and retail operations. As of November 01, 2018, it operated a network of 29 dispensaries. The company was founded in 2010 and is headquartered in Wakefield, Massachusetts.
As a Pancake
As noted above, LDVTF recently announced that the Company has opened its 15th medical marijuana dispensary in Florida.
Even in light of this news, LDVTF has had a rough past week of trading action, with shares sinking something like -15% in that time. That said, chart support is nearby and we may be in the process of constructing a nice setup for some movement back the other way.
“Since the time Florida’s voters approved medical marijuana in the state, our team at Curaleaf has been dedicated to ensuring patients have access to this life-changing treatment,” said Curaleaf Florida President, Lindsay Jones. “Understanding many of our patients live with debilitating conditions that sometimes may impact mobility, we are proud today to offer East Orlando area patients our safe premium quality medical marijuana products through online orders that may be fulfilled via our drive-thru or free delivery service.”
Curaleaf Holdings Inc (OTCMKTS:LDVTF) generated sales of $30.3M, according to information released in the company’s most recent quarterly financial report. That adds up to a flat sequential quarter-over-quarter growth rate on the top line.
Pushing the barriers for global distribution, Phoenix Life Science International (PLSI) is the next cannabis play. Just think Canopy x 100, that is how big their plantation in the tropics will be. No lights, no green houses, just maximum growth + minimal cost = home run. Learn More Now!
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