Curaleaf (CURLF) Surges 6.35% In a Week: Is Bullish Trend Coming?

Cannabis stocks seem to get a bullish trend while the crypto market is struggling to push its Bitcoin riding over the $50k price. therefore, one of the prominent cannabis stocks Curaleaf (OTC: CURLF) is gaining serious points after being tanked for a year. On March 15 CURLF was trading at $5.40, last Friday it closed at $7.16 on 764,029 volume. The shareholders should thank the efforts of cannabis supporters in the legalization of cannabis in the U.S.

CURLF Stock is good in revenue but negative earnings…

Actually, all the cannabis stocks rose last week but Curaleaf had huge $1.21 billion revenue for the whole 2021 fiscal year. Unfortunately, the company has not hit a positive number in earnings. It expanded its operations without meeting any profits yet. Last Q4 earnings were not beaten by Curaleaf but revenue slightly grew.

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