Curaleaf Holdings Inc. (OTC: CURLF), a leader in the global cannabis market, recently released its Q3 2023 earnings report, revealing complex industry dynamics. Despite missing top-line estimates, Curaleaf surpassed expectations in adjusted EBITDA, indicating an evolving market landscape. Jesse Redmond, a seasoned analyst from Water Tower Research sheds light on these results, offering a multifaceted analysis of Curaleaf's performance and the cannabis industry at large.

Earnings and Operational Challenges

Curaleaf reported a net revenue of $333.2 million for Q3, a modest 2% increase year-over-year. The company's adjusted EBITDA margin …

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