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Curaleaf Reports Record Fourth Quarter and Fiscal Year End 2020 Financial and Operational Results


Curaleaf Reports Record Fourth Quarter and Fiscal Year End 2020 Financial and Operational Results
Record Fiscal Year and Fourth Quarter 2020 Pro Forma Revenue(1)(2) of $767.1 Million and $238.8 Million, Respectively
Record Fiscal Year and Fourth Quarter 2020 Managed Revenue(1) of $653.0 Million, up 161% from 2019 and $233.3 Million, up 186% from 2019, Respectively
Record Fiscal Year and Fourth Quarter 2020 Adjusted EBITDA(1) of $144.1 Million up 456% from 2019 and $53.8 Million up 289% from 2019, Respectively, as Operations Across 23 States Continue to Scale
Raised $289.8 Million of Net Proceeds from a Common Stock Offering and Debt Offering in January 2021, Providing the Company with Capital to Pursue Additional Organic and Inorganic Growth Opportunities
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Downtown Salem pot retailer to open Thursday


By Dustin Luca Staff Writer
Dec 16, 2020
Dec 16, 2020
SALEM — The city s third licensed recreational marijuana business, and the city s first downtown, will open Thursday.
Seagrass, located at 3 Dodge St. on the southern end of downtown, will finally open its doors for sales after getting its provisional license from the state in January. 
It s an exciting week and an exciting time, said company CEO Chip Tuttle. We re really excited about the way the space has come out and how it looks, and we really just can t wait to get open.
Seagrass is the third recreational pot business to open in Salem. The first was Alternative Therapies Group on Grove Street, which was the third retail marijuana shop in the state when it opened in late 2018. The second, I.N.S.A. on Highland Avenue by Walmart, launched retail operations in November 2019. ....

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