Chart of Day: Revisiting Curaleaf (CURLF) – 5/6

On April 19, we noted:

“Cannabis stocks may be controversial. But they’re also proving to be rewarding. Since bottoming out at around $3.80, Curaleaf Holdings is now up to $5.21 and could see higher highs with several key catalysts. For one, a growing number of Americans want to see legalization. According to Pew Research, about 88% of the country wants to see that happen. Two, with its popularity, any candidate that favorably mentions it could see higher ratings.”


At the time, CURLF traded at around $5. Shortly after, it would hit a high of $6.40. Now back to $5.63, we still like the cannabis stock—especially on news cannabis will be rescheduled. In addition, we expect to hear more about potential federal legalization heading into elections.

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