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Cresco Labs Inc (OP: CRLBF )

1.093 -0.057 (-5.00%)
Streaming Delayed Price Updated: 3:58 PM EST, Nov 22, 2024 Add to My Watchlist
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All News about Cresco Labs Inc

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80% Leverage, 5.5x EBITDA: Is Cresco The High-Risk, High-Reward Play Investors Need?
According to Z&A, its enterprise value (EV) to current sales ratio stands at 1.6x, lower than Curaleaf and Green Thumb, both at 2.2x. 
Via Benzinga
Best And Worst Performing States For Cannabis Sales In 2024: YTD Winners & Losers
BDSA's October 2024 data highlights Maryland as the fastest-growing state for cannabis sales, with a year-to-date increase of 57.8%. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Stocks Feel The Burn: Matt Gaetz Bows Out As Trump's Attorney General Nominee
The AdvisorShares Pure US Cannabis ETF (NYSEARCA: MSOS), often viewed as a benchmark for MSOs, dropped by -4.31%, closing at $4.56. 
Via Benzinga
Topics Cannabis ETFs Government
Exposures Cannabis Political
Can Trump's Return Save The Cannabis Sector? Debt Mounts As Giants Face Post-Election Reckoning
The post-election landscape raises uncertainty for cannabis MSOs, with investors hoping for potential relief from the new administration. 
Via Benzinga
Topics Cannabis Government
Exposures Cannabis Political
Earnings Preview: Cresco Labs
Via Benzinga
420 with CNW — The GOP to Be Tested on its Readiness for Marijuana Policy Reform
Via CannabisNewsWire
Topics Cannabis Government
Exposures Cannabis Political
Trump Nominates Another Cannabis Supporter To Cabinet: Rep. Matt Gaetz For Attorney General
Donald Trump nominated Rep. Matt Gaetz as attorney general, who has supported cannabis legalization and proposed ending cannabis testing for military recruitment. 
Via Benzinga
Topics Cannabis Government
Exposures Cannabis Political
Cresco Labs Q3: Net Loss Reduced By 85% But EBITDA Also Declined By 5%
While the Florida initiative for cannabis legalization didn’t reach the 60% needed to pass (only 56%). 
Via Talk Markets
Topics Cannabis
Exposures Cannabis
Cannabis Co. Cresco Labs' 93% YoY Improvement In Net Loss, $49M Operating Cash Flow In Q3
resco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) a company behind Sunnyside dispensaries, released on Friday its financial and operating results for the third quarter ended September 30, 2024. Third... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cresco Labs Demonstrates Success of Cash Flow Focused Strategy with Third Quarter 2024 Financial Results
From Cresco Labs
Via Business Wire
Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close
Following Trump's presidential election victory, the cannabis sector took a sharp downturn. Here's a summary of what happened today. 
Via Benzinga
Topics Cannabis Government
Exposures Cannabis Political
420 with CNW — Kentucky’s First Lottery Selects 26 Businesses to Receive Medical Marijuana Licenses
Via CannabisNewsWire
Topics Cannabis
Exposures Cannabis
Cannabis Stock Movers For October 29, 2024
Via Benzinga
Topics Cannabis
Exposures Cannabis
M&A Frenzy And Deflation Post-Election: Which Companies Are Ready To Win Big In Florida's Cannabis Market
November's election could bring significant growth opportunities—or intensified competition for cannabis companies in the Florida market. 
Via Benzinga
Topics Cannabis Economy
Exposures Cannabis Interest Rates
Can MariMed's $7.7M Illinois Cannabis Expansion Turn The Tide In A $496M Market?
Despite overall market stagnation, MariMed aims to boost growth through capacity expansion, including a new 14,000 sq ft cultivation site. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Marijuana Stock Movers For October 22, 2024
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Stock Movers For October 22, 2024
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Earnings Update: Marijuana Lenders And Top Operator To Report Results, Here's What Investors Need To Know
Chicago Atlantic will issue its earnings release and supplemental financial information for the third quarter on Thursday, Nov.7.New Lake will host its third quarter earnings conference call on... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cresco Labs to Report Third Quarter 2024 Financial Results on November 8, 2024
From Cresco Labs
Via Business Wire
420 with CNW — Nebraska Officials Question Voter Signatures in Bid to Thwart Medical Marijuana Measure
Via CannabisNewsWire
Topics Cannabis
Exposures Cannabis
Cannabis Debt Looms For These Weed Giants: Here's How Some Tackled Their Financial Challenges
That said, Green Market Report's Debra Borchardt took a closer look at how she called it "a tsunami of debt headed straight for the cannabis industry," or approximately $1.83 billion of the debt that's... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Why Pennsylvania's GOP Districts Are Embracing Weed: The Cannabis Revolution You Didn't See Coming
Polling data reveals strong bipartisan support for cannabis legalization across key competitive districts, but what drives this change? 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Almost Every Major Cannabis Company Could See Positive Cash Flow If 280E Is Removed In 2025
Removing 280E in 2025 could drastically improve cash flow for cannabis companies. See how major MSOs like Green Thumb, Trulieve, and Cresco.. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Fact-Check DeSantis: Why Florida's Weed Legalization Does Not Mean Smoking In Schools
Titled "Blowing Smoke," the ad counters claims from Governor Ron DeSantis, who opposes Amendment 3 in Florida. 
Via Benzinga
Why Cannabis Investors Should Make This Bold Move Before Florida's Vote: What To Buy And Sell Now
AYR's exposure to Florida gives it an edge ahead of potential recreational cannabis legalization, per Viridian Capital. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
'The Biggest Opportunities For Investors Outside AI': Optimism Reigns At Benzinga Conference Amid Talks Of Cannabis Rescheduling, Tech Advances
Cannabis leaders at the Benzinga Cannabis Capital Conference see rescheduling and banking reform as game-changers for the industry. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
The Ever-Evolving Cannabis Industry: These Are Latest Leadership Changes You Should Know About
The U.S. Hemp Roundtable made headlines in early September as its board of directors welcomed two distinguished leaders from the hemp beverage sector to its officer ranks. New York's chief equity... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
DeSantis Rejects Voter Registration Extension During Hurricane Milton Evacuations; Cannabis Companies Close Operations
DeSantis said Monday 'there's nothing inhibiting you from registering' as widespread Hurricane Milton evacuations were underway. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
EXCLUSIVE: 'Poking The Bear' As Florida's Contentious Cannabis Legalization Vote Looms
Rosie Mattio, Jason Erkes discuss unprecedented cannabis legalization campaign in Florida for Amendment 3, the best-funded in U.S. history. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
EXCLUSIVE: Cannabis Companies Must 'Get More Juice From The Same Squeeze,' Says Cresco Labs CEO As Challenges Persist
Charlie Bachtell, CEO of Cresco Labs, discusses the challenges of balancing scale, productivity, and margins in the cannabis industry. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
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