Nate McDonald, Curaleaf vice president of operations management, at the company's medical cannabis cultivation and processing facility, in Ravena, N.Y. on Aug. 22, 2019.
Hans Pennink—AP

Cannabis producer and distributor Curaleaf­—which over the past year raked in over $1 billion in revenue for the first time, expanded to eight European countries, nearly doubled production capacity, and launched 147 products—is now the world’s largest company by revenue in the quickly growing industry. Executive chairman Boris Jordan argues that cannabis’ appeal as a health, wellness, and recreational product could lead the market to eclipse even that of the $1.5 trillion global alcohol industry.

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Correction, March 30

The original version of the photo caption in this story misstated Nate McDonald’s role. He is Curaleaf’s vice president of operations management, not the general manager of New York operations.

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