Cresco Labs

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

Cresco Labs Closes Acquisition of Origin House

Cresco Closes Acquisition of Origin House, Adding Leading California Wholesale Distribution and Cultivation Operations to Its Strategic National Footprint Establishes Cresco as one of the largest wholesale distributors in...
- January 8th, 2020 at 9:44 am