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Tag Archive: Cresco Labs

Cresco Posts 4% Sales Increase, Warns On “Tough Macro Backdrop”

Illinois-based multi-state operator Cresco Labs saw sales increase 4% year-on-year to $218 million, as adjusted EBITDA rose 11% to $51 million. Continue reading →

Posted in News on August 23, 2022

Cannabis Briefs for December 21, 2021

•Canopy Growth is cutting its losses on one of its acquisitions. Continue reading →

Posted in News on December 21, 2021

Multi-State Players Green Thumb, Cresco Labs On The Rise In Q3

Chicago-based Cresco Labs and Green Thumb Industries each reported third-quarter earnings in recent days, with both companies continuing to improve on strong demand and expansion. Continue reading →

Posted in News on November 16, 2021

Cannabis Briefs for September 28, 2021

•Canada’s cannabis sales reached a new record of C$339 million ($268m) in July, up from C$319 million ($252m) a month earlier. Continue reading →

Posted in News on September 28, 2021

From Zero To $1 Billion: Illinois Adult-Use Market Booms In First Year

In its first year of adult-use legalization, Illinois raked in overall marijuana sales of more than $1 billion, according to the Illinois Department of Financial and Professional Regulation (IDFPR). Continue reading →

Posted in News on January 26, 2021

Cannabis Briefs for January 26, 2021

•Chicago, Illinois-based Cresco Labs has appointed Ty Gent as COO. Continue reading →

Posted in News on January 26, 2021

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