Cresco Labs (CSE: CL) (OTCQX: CRLBF) - Investor Dashboard
|Market Focus:||United States|
|Employees:||~1800 as of August 2020|
Cresco Labs – Cannabis Brands
Cresco recognizes the importance of providing appropriate and approachable cannabis to customers across the country.
While each market is different, customers generally fall into two groups: customers with a lifestyle and wellness routine that already incorporates cannabis, and medically-focused patients trying cannabis for the first time. Each consumer group has an interest in medical cannabis, but want the final product to look and feel different. Developing this understanding of the cannabis consumer has informed Cresco’s multi-brand approach to product development. Their suite of brands addresses a true variety of customers and their variant needs.
Namesake for our company, Cresco elevated everyday cannabis. THC-focused products available in flower, vape pens, and multiple forms of extracts. Each product falls into one of three proprietary categories: Rise, Refresh, Rest, named and color-coded to help the user intuitively identify the desired effects of the relevant strain’s cannabinoid profile.
In collaboration with James Beard Award Winning Chef Mindy Segal, Cresco Labs created the industry’s first true culinary-backed edible option. Completely free of cannabis flavor, both of Mindy’s lines are lauded for their unique flavor profiles and delectability. Mindy’s original line of Artisinal Edibles feature chocolate and toffee confections. The newest line, Mindy’s Kitchen, presents consumers with a fun line of fruit-forward gummies, hard sweets and chews. All Mindy’s products deliver absolute consistency and flavor found nowhere else in the edibles market.
Designed for more discerning palates, Reserve is a manifestation of the best efforts of our strains. Reserve products are made from our most premium and exclusive plants, and are the reward of years of selective breeding. Masterful cultivation techniques coax the ideal expression of each cultivar. These exceptional products are sought-after by premium cannabis connoisseurs.
Remedi products are designed for the medically-minded patient, with forms reminiscent of traditional pharmaceuticals. All Remedi products are CBD or CBN forward with an emphasis on balanced THC levels. Remedi gives patients consistent, dependable relief. Options provide precisely-dosed non-combustible products including tinctures, capsules, salves, sublingual oils and transdermal patches.
Sunnyside is a retail dispensary brand with a focus on personal wellness. Sunnyside stores sell Cresco’s fully house of cannabis brands. There are five operational stores in Illinois, and all four New York dispensaries have been converted to the Sunnyside brand. Additional locations are planned for Arizona, Florida, Illinois, Massachusetts, Michigan, and Ohio.
WellBeings is a CBD brand. It is designed to elevate the user experience through the convergence of design, technology, and natural wellness.
High Supply is quality cannabis, available in bulk. The expertly grown, lab-tested buds are available in popcorn, shake, pre-rolls and vapes.
Good News is a line of cannabis products that removes the complexity of understanding terpenes and strains by creating easy to understand formulations, each named after a social mindset (Me Time, Brunch, Friyay and Vegas). Good News products are easy to use, benefit forward and made for sharing.
Wonder Wellness products are designed to simplify cannabis, with a focus on consumers who are new to the experience. The Wonder line is built around manageable, micro-dose forms, with a range of ratios across products.
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