Is Curaleaf Stock a Buy?
Multistate cannabis operator Curaleaf (OTC: CURLF) is among the largest players in the industry. Its aggressive growth strategy focuses on expansion and big acquisitions. Today, the company's operations span 23 states and include 96 dispensaries. Curaleaf is a beast and offers investors a way to tap into the industry's explosive growth.
But it's not without risks, either. All that growth costs money and can be difficult to manage and integrate. The company continuously posts losses and burns through cash -- which can be a quick way to run into trouble in the industry. Is Curaleaf an exciting growth stock to invest in, or could the company's aggressive strategy be its undoing? Let's take a look and see which scenario is more likely, and whether you should consider buying shares of Curaleaf today.
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Source Fool.com
