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CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc., one of the largest vertically integrated multistate cannabis operators in the United States, begins trading today on the Canadian Securities Exchange (“CSE”) under the ticker symbol “CL.
Today marks the beginning of an exciting new chapter in Cresco’s growth story. Not only do we now have access to the public equity markets to fund our expansion, but we also offer the opportunity for equity investors to own shares in a company that we believe is well positioned to generate strong growth and attractive shareholder returns in the years ahead.
Charles Bachtell, CEO of Cresco Labs.
Investors, media and other interested parties are invited to visit Cresco’s new Investors website at investors.crescolabs.com to view company information and request automated email alerts for future news and public filings.
About Cresco Labs, LLC:
Cresco Labs, based in Chicago, is a leading U.S. cannabis company with experienced management, access to capital and a demonstrated growth strategy. As a differentiated grower, processor and retailer of premium cannabis with operations in six states (Illinois, Ohio, Pennsylvania, Nevada, California and Arizona) and approval pending for acquisitions in three more states (New York, Massachusetts, Maryland), the company focuses on entering markets with outsized demand potential, significant supply constraints and high barriers to entry. Its unparalleled speed-to-market gives Cresco a distinct competitive advantage as it replicates its model to expand its national footprint. Cresco’s proven ability to execute is complemented by a well-defined brand strategy that is tailored to all major consumer segments: everyday cannabis, medicinally focused, connoisseur grade, and chef inspired edibles by James Beard Award-winning pastry chef Mindy Segal. Learn more about Cresco Labs at crescolabs.com.
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