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Posted by
Two Blokes Jul 24 -
Filed in
Stock
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Curaleaf Holdings, Inc. remains a top-tier cannabis company, but its market cap and share price have sharply declined alongside the sector. The lack of U.S. federal legalization continues to weigh heavily on Curaleaf and cannabis stocks, with little hope for change under current political leadership. Curaleaf's ongoing losses and cash burn, combined with missed earnings, suggest a turnaround is unlikely in the near term.