7 million in the very first quarter from $56. 6 million a year back, while wholesale earnings which focuses on the business's Select brand of marijuana items grew to $72. 2 million from $20. 4 million. Management fee income fell from $19. 4 million to less than $450,000, Curaleaf reported. The company is preparing to add 247,000 square feet of growing this year, in states consisting of Arizona, Florida, Massachusetts and New Jersey.
Curaleaf shares were down 0. 2% Tuesday in deeply negative markets, however have actually gained 20% in the year to date. The Marijuana ETF THCX, +0. 22% has gotten 33% and the Advisor, Shares Pure US Marijuana ETF MSOS, -0. 96% has gotten 11% this year, while the S&P 500 SPX, -1.
Additional reporting by Jeremy C. Owens.
By Expense Wichert (June 22, 2021, 4:44 PM EDT)-- Marijuana giant Curaleaf has been knocked with a whistleblower and discrimination match in New Jersey state court from a former growing staff member declaring he dealt with retaliation for raising issues about a lack of proper individual protective equipment on the task and was eventually fired due to his race and ethnic culture.
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