10 Best Pot Stocks To Invest In According to Analysts

3. Curaleaf Holdings, Inc. (OTC:CURLF)

Share Price (As of December 23): $1.49

Analyst Upside: 156%

Curaleaf Holdings, Inc. (OTC:CURLF) is a US-based provider of consumer cannabis products. Through Curaleaf International Holdings Limited, it has a supply and distribution network throughout the European market. The company primarily operates in 17 states and owns and operates 150 dispensaries and 19 cultivation sites. The company’s products include flower and pre-rolls, dry-herb vaporizer cartridges, concentrates, and edibles, among others.

Curaleaf Holdings, Inc. (OTC:CURLF) has suffered from regulatory pressures and Florida voters rejecting cannabis for the use of recreational use. The company reported a net loss of $42.3 million as the net revenue dropped by 1% year-over-year to $330.5 million during Q3 2024. However, the company has sustained its market position in the global market as its international business reported an 82% year-over-year growth to $30 million in revenue. The global market is a key driver for Curaleaf during these tough times which offers a diversification of revenue streams that mitigates concentration risk.

During Q3, the company opened two new dispensaries in New York and expanded adult-use sales in two existing stores. Adding further to Curaleaf’s expansion drive during the quarter, the company started adult-use sales in Ohio to wholesale customers. With the opening of two new dispensaries in Florida, the company now operates 150 retail stores in the US.

Curaleaf Holdings, Inc.’s (OTC:CURLF) international business keeps it afloat and with the new administration expected to be favourable to cannabis legalization, CURLF remains a promising pot stock to invest in.