Tag Archive: Cresco
Cresco Exits California Amid Strategic Restructuring
Illinois-based multistate operator Cresco Labs is exiting the California market as it restructures its business to take advantage of growth opportunities in other markets. Continue reading →
Posted in News on July 22, 2025Cresco, Canopy Flag Challenging Market Conditions
The cannabis industry continues to face headwinds, with both U.S.-based Cresco Labs and Canada’s Canopy Growth reporting challenging conditions in their fiscal first and fourth quarters respectively. Continue reading →
Posted in News on June 3, 2025Ascend, Cresco See Earnings Tick Higher In 2024
As the cannabis earnings season continues, multistate operators Cresco Labs and Ascend Wellness Holdings saw sales head in different directions last year, with Cresco Labs reporting a modest revenue decline and Ascend Wellness posting strong single-digit growth. Continue reading →
Posted in News on March 18, 2025Top 15 U.S. Cannabis Markets Show Mid-Single-Digit Growth In 2024
Legal cannabis is big business in America, with the top 15 states at $18 billion in sales in the year-to-date through September 2024. Continue reading →
Posted in News on January 21, 2025Mixed Results For Leading Cannabis Companies, As Long-Term Outlook Remains Cloudy
The past three months have shown a mixed bag in terms of results for leading U.S. cannabis operators, as multistate players continue to navigate market uncertainties. Continue reading →
Posted in News on November 12, 2024Ohio On Track To Become A Billion-Dollar Cannabis Market
Adult-use cannabis sales topped $11 million in the first five days in Ohio, making for a banner start for recreational cannabis in the Buckeye state. Continue reading →
Posted in News on August 20, 2024