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Cannabis earnings show legal U.S. weed sales flattening out as prices decline

Por: MarketWatch Business November 08, 2022

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“Trade-down among our mid-tier products is happening, while our premium-end offerings are holding steady,” Chief Executive Matt Darin said on the call. However, he said a “pricing bottom” could be near. Still, executives forecast fourth-quarter sales of $353 million to $355 million, below FactSet forecasts for $369 million. Curaleaf reported a net loss of $54.7 million, or 7 cents a share, compared with a loss of $56.9 million, or 8... + full article



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