Investment Bank Updates Rating for Cresco Labs Inc. PT
Cantor Fitzgerald analyst Pablo Zuanic maintained a Buy rating on Cresco Labs (OTC:CRLBF) Inc on Thursday, setting a price target of $18, which is approximately 98.24% above the...
By Shariq Khan and David Randall (Reuters) - Votes to legalize marijuana on Tuesday by a handful more U.S. states should spur further development of the industry and possibly...
C-suite shake-ups have been the emerging theme in the cannabis sector over the last few weeks. Almost everywhere you turn, top level executives at large and aspiring-to-be-larger...
Several US-based cannabis companies reported earnings last week. Overall, the figures paint a distinctive picture that put a focus on profitability.The portrait also provides a...
When it comes to new publicly traded companies in the cannabis sector, 2020 has been a very quiet year, but a small U.S. firm is looking to make a little noise.According to a...
Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand, as well as cannabis products under the Reserve brand. The company also offers cannabis flowers under the FloraCal brand; and chocolate and toffee confections, fruit-forward gummies, hard sweets, and taffy under the Mindy’s Edibles brand, as well as licenses the Kiva brand, which produces cannabis infused edibles, including chocolate confections, gummies, mints, and tarts. In addition, the company offers cannabis-infused edibles under the Sunnyside brand. As of January 27, 2022, it owned and operated 48 dispensaries. The company was incorporated in 1990 and is headquartered in Chicago, Illinois.