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    Ty Collin • Eight Capital

    Ty Collin's questions to Curaleaf Holdings Inc (CURLF) leadership

    Ty Collin's questions to Curaleaf Holdings Inc (CURLF) leadership • Q2 2024

    Question

    Ty Collin asked about the current level of promotional activity across Curaleaf's markets and how it has been affected by consumer headwinds and a weakening job market.

    Answer

    Executive Chairman Boris Jordan acknowledged macro pressures but explained that as Curaleaf's product quality has improved, the need to discount has decreased. While noting significant price compression from competitors in Florida and Arizona, he emphasized that quality is the primary defense. He also cited the introduction of a mid-tier brand in Germany as a strategy to capture price-sensitive consumers without eroding overall margins.

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    Ty Collin's questions to High Tide Inc (HITI) leadership

    Ty Collin's questions to High Tide Inc (HITI) leadership • Q2 2024

    Question

    Ty Collin asked for the reasons behind the strong performance in data and analytics sales despite LP distress and inquired about the deployment plans for the new $15 million debt financing.

    Answer

    President and CEO Raj Grover explained that High Tide's growing market share and high-performing stores generate valuable data, leading to more new Cabanalytics customers than those lost to insolvency. He stated the new debt financing strengthens the balance sheet, fuels store growth, and strategically provides funds in November to address a December debt maturity without incurring interim interest.

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