Cresco Labs (CSE: CL) (OTC: CRLBF) - Investor Dashboard


➔ Cresco Labs
CSE Ticker: CL
OTC Ticker: CRLBF
Sector: Healthcare
Industry: CPG
Country: Canada/U.S.
Employees: 500 as of 12/10/18
Established: 2013
CEO: Charles Bachtell

Summary

Fiscal Year-End: December
Auditor: MNP LLP
Exchanges: CSE, OTC
Sector:  Healthcare
States: 8
Headquarters: Chicago, IL

Financials (Pro Forma 9/30/18)

Cash on hand: $174.0 million
Fixed Investment: $19.3 million
Shareholders’ Equity: $357.1 million
Revenues – Last Quarter: $12.7 million
Adj. Gross Margin : 42.7%
EPS : n/a

Capital Structure (11/30/18)

Last Financing: 12.6 million shares at C$8.50
Shares: 270.1 million
Warrants: 4.4 million
Options: 18.1 million
Diluted Shares: 319.2 million

Company Brief

Cresco Labs (CSE: CL) (OTC: CRLBF), 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.

Featured Video

A Multi-Brand approach to address variant consumer groups


Highlights

  • A Multi-Brand approach to address variant consumer groups
  • Strong medical advisory board and R&D partnerships with leading institutions and universities
  • More than 20 retail locations
  • Current operations in Illinois, Pennsylvania, Ohio, Nevada, Arizona, and California

Growth Strategy

  • Targeting expansion in states like Florida, New Jersey, Virginia, and Connecticut
  • Create licensing and/or distribution partnerships to expand Mindy Segal edible products into growing markets such as Colorado, Oregon, Washington, Oklahoma, and New Mexico
  • CPG approach to building brands

Differentiators

  • Cresco is one of a very small group of operators to successfully obtain cultivation licenses in more than one of the modern, limited license, merit-based application state programs
  • Cresco’s laboratory gives it the ability to formulate and develop a variety of products based on traditional pharmaceutical delivery systems – pills, tinctures, topical salves, transdermal patches and edible forms with a variety of cannabinoid profiles


Curated Stories & News


Visit Cresco Labs, Inc.
at www.crescolabs.com.

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