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Curaleaf Holdings, Inc. — Third Quarter 2026 Earnings Summary

  • Q3 2026 net revenue rose 10.9% year-over-year to $352.7 million, while adjusted EBITDA margin contracted 56 basis points to 22.0% and net loss from continuing operations was $37.4 million; full-year 2026 operating cash flow is targeted at approximately $150 million.
  • Management expects third-quarter cash flow timing differences to reverse in the fourth quarter, noting resilient demand and sustained domestic growth momentum.
  • Strategic activity includes an enhanced original offer to acquire Aurora Cannabis Inc. via SVS and cash, which is currently being re-evaluated following Aurora's alternative merger announcement with Organigram.
  • The company expanded its retail footprint to 80 Florida locations, secured the first two standardized cannabis registrations in Spain, and repurchased 105,440 shares for $1 million during the quarter.