Cresco Labs Signs Exclusive Distribution Agreement With Award-winning California Cannabis Producer, Emerald Family Farms

CHICAGO-February 09, 2021-(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated, multistate cannabis operators in the United States, announced today that it has entered into an exclusive distribution agreement (the “Agreement”) with Humboldt County-based Emerald Family Farms (“EFF”), a farmer co-op with hundreds of the Emerald Triangle’s finest farmers. EFF is a producer of sustainable, sun-grown cannabis. The Agreement will bring EFF’s award-winning lineup of jarred flower, pre-rolls and concentrates onto Cresco’s California distribution platform, Continuum, which is one of the largest full-service distribution businesses in the state.

“We have long admired and supported EFF’s focus on environmental stewardship and social responsibility,” said David Gacom, Regional President, West Region, at Cresco Labs. “Part of our success in expanding our California distribution network has been our ability to offer the highest quality craft flower. This Agreement continues to build on that strength with some of the best flower in California being added to our roster of top performing California brands. Having brought hundreds of the region’s finest farmers under one banner, EFF’s success story is proof that exceptional cannabis and uncompromising values can coexist.”

Our cultivators and leadership team work incredibly hard to ensure that all EFF products meet the highest quality standards. In our search for a distribution partner, we were looking for one that shared that mindset, Cresco Labs’ Continuum emerged as the clear choice.

Patrick Murphy, Founder and CEO of EFF

We are excited to have a partner that not only has a best-in-class full-service distribution platform, but also a team on the ground in California that truly understands how successful brands are built. We are confident that this will help ensure that our premium flower and concentrates can be enjoyed by consumers statewide.

About Cresco Labs

Cresco Labs is one of the largest vertically integrated, multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Employing a consumer-packaged goods (“CPG”) approach, Cresco Labs is the largest wholesaler of branded cannabis products in the U.S. Its brands are designed to meet the needs of all consumer segments and comprised of some of the most recognized and trusted brands including Cresco, Remedi, High Supply, Cresco Reserve, Good News, Wonder Wellness, FloraCal Farms and Mindy’s Chef Led Artisanal Edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside, Cresco Labs’ national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs operates the industry’s largest Social Equity and Educational Development initiative, SEED, which was established to ensure that all members of society have the skills, knowledge and opportunity to work and own businesses in the cannabis industry. Learn more about Cresco Labs at CrescoLabs.com.

About Emerald Family Farms

Founded in 2015, EFF has been focused on cultivating award-winning cannabis and concentrate products, while working with smaller farmers to help them navigate the ever-changing regulatory and economic landscape. Incorporating the connoisseur cannabis of member farms from Mendocino, Humboldt and Trinity Counties into our supply chain helps us offer a wider strain variety to our customers and offers a life-line to the region’s farmers and our local communities. Learn more about EFF at https://emeraldfamilyfarms.com.

Original Press Release

Published by NCV Newswire
NCV Newswire
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