Cresco Labs

Cresco Labs to Acquire Columbia Care

Cresco Labs to Become the New Leader in Cannabis with the Acquisition of Columbia Care Transformational deal will combine best-in-class wholesale, retail and operations with an expanded strategic footprint...
- March 23rd, 2022 at 7:06 am

Cresco to Acquire Pennsylvania Operator Laurel Harvest for $80 Million

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically...
- October 14th, 2021 at 8:00 am

Cresco Labs to Move Away From Third-Party Distribution in California

Cresco Labs Shifts to Owned-Brand Distribution in California to Increase Profitability, Reduces Third Party Distribution CHICAGO, September 30, 2021–(BUSINESS WIRE)– Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the...
- September 30th, 2021 at 6:30 pm

Cresco Labs Q2 Revenue Increases 123% to $210 Million

Cresco Labs Announces Second Quarter 2021 Financial Results Company reports record revenue of $210 million and reaffirms annualized revenue run-rate guidance of $1 billion by the end of 2021...
- August 13th, 2021 at 7:16 am

Cresco Labs Q1 Revenue Increases 169% to $178 Million

Cresco Labs Announces First Quarter 2021 Financial Results Under U.S. GAAP Company reports record revenue of $178 million and expects to reach annualized revenue run-rate of more than $1...
- May 27th, 2021 at 8:05 am

Cresco Labs Q4 Revenue Increases 292% to $162 Million

Cresco Labs Announces Fourth Quarter & Full Year 2020 Results with Record Revenue, Adjusted EBITDA1 and Operating Cash Flow Company affirms position as the largest wholesaler of branded products in...
- March 25th, 2021 at 8:13 am

Cresco Labs Sells $125 Million of Stock to 7 Institutional Investors

Cresco Labs Announces Pricing of Offering of Subordinate Voting Shares CHICAGO, January 15, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate...
- January 15th, 2021 at 9:40 am

Cresco Labs and Tryke Mutually Terminate Merger Plans

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement With Tryke – Frees-Up $55 Million in Capital to Further Invest in Organic Growth Pipeline CHICAGO, April 27, 2020–(BUSINESS WIRE)–Cresco...
- April 27th, 2020 at 4:43 pm