CURLF has $448 million in cash on hand to facilitate its growth
Technical analysis:
MACD --> bullish
RSI --> bearish
Momentum --> bullish
OBV --> bullish
----> LONG TERM TRADING: LONG
Fundamental analysis:
"As of mid-December, Curaleaf had 35 dispensaries in the U.S., 19 of which were located in Florida, with a dozen cultivation sites and 10 processing facilities. Given that Curaleaf wants to expand to 67 open dispensaries by the end of 2019, this nearly $450 million in cash on hand will go a long way toward reaching that goal. "
It also could be possible that CURLF "go on the offensive and make smaller acquisitions following the passage of the Farm Bill in December. With improved access to hemp-based cannabidiol, Curaleaf may look to take advantage of an increase in interest in CBD-based products."
But all these news & data about CRULF should be treated with caution. But with the ongoing growth strategy and increasing legalization in the United States --> Still LONG potential at about March
MACD --> bullish
RSI --> bearish
Momentum --> bullish
OBV --> bullish
----> LONG TERM TRADING: LONG
Fundamental analysis:
"As of mid-December, Curaleaf had 35 dispensaries in the U.S., 19 of which were located in Florida, with a dozen cultivation sites and 10 processing facilities. Given that Curaleaf wants to expand to 67 open dispensaries by the end of 2019, this nearly $450 million in cash on hand will go a long way toward reaching that goal. "
It also could be possible that CURLF "go on the offensive and make smaller acquisitions following the passage of the Farm Bill in December. With improved access to hemp-based cannabidiol, Curaleaf may look to take advantage of an increase in interest in CBD-based products."
But all these news & data about CRULF should be treated with caution. But with the ongoing growth strategy and increasing legalization in the United States --> Still LONG potential at about March
Trade closed: target reached