PRESS RELEASE CHICAGO–(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, today announced additional actions in board refreshment and corporate governance to further strengthen its leadership in the cannabis industry. Appointment of Carol Vallone Cresco has appointed Carol Vallone to its […]
Charlie Bachtell
Cresco Labs Announces the Appointment of National Basketball Players Association Executive Director and Renowned Trial Lawyer Michele Roberts to its Board of Directors
PRESS RELEASE Michele Roberts, National Basketball Players Association executive director and esteemed trial lawyer, joins Cresco Labs’ board. CHICAGO–(June 10, 2020)—Cresco Labs (CSE:CL)(OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced that it has welcomed current Executive Director of the National Basketball Players Association (“NBPA”), […]
Workers at the Cresco Labs marijuana grow facility in Joliet vote to unionize
Workers at the Cresco Labs marijuana grow facility in Joliet voted Tuesday to unionize, two weeks after recreational weed sales started in Illinois. Workers at the facility voted 58 to 32 to be represented by the United Food & Commercial Workers union, said Zach Koutsky, legislative and political director for Local 881 UFCW. “These workers […]
Cresco Closes Acquisition of Origin House, Adding Leading California Wholesale Distribution and Cultivation Operations to Its Strategic National Footprint
PRESS RELEASE Establishes Cresco as one of the largest wholesale distributors in California. Expected to enable Cresco to continue developing its house of brands in one of the largest and most influential legal cannabis markets in the world. Combines two industry-leading cultivation, branding and distribution teams. CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (CSE: CL, OTCQX: CRLBF) […]
Cresco Labs Announces Increased Profitability in Third Quarter 2019 With Revenue Growth of 184% Year-Over-Year and 21% Quarter-Over-Quarter
PRESS RELEASE Conference Call with Investors and Analysts to be Held at 6:00 p.m. Eastern Time Today CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco” or the “Company”) one of the largest vertically integrated multistate cannabis operators in the United States, today released its unaudited financial results for the third quarter […]
Cresco Labs Launches First Industry-Defining Incubator Program for Illinois Adult-Use Market Dispensary Applicants
Program provides actionable, expert guidance to bring inclusivity to Cannabis Industry CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE:CL) (OTCQX:CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, announced the official kickoff of its community impact incubator program, part of its SEED (Social Equity and Educational Development) initiative, […]
Cresco Labs Announces Closing of Acquisition in New York State
PRESS RELEASE Acquisition Adds One of Only 10 Vertically Integrated Cannabis Business Licenses Issued by the State of New York CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that it has closed its acquisition […]
Cresco Labs Enters Into Sale-and-Leaseback Agreement With Innovative Industrial Properties for Illinois Facilities
PRESS RELEASE CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that it has signed a binding agreement to sell its Joliet and Kankakee, Illinois properties to Innovative Industrial Properties, Inc. (“IIP”) for approximately $46.3 million, […]
Cresco Labs to Acquire Tryke Including the Reef Dispensary Portfolio – Consistent With Stated Plan to Establish Market Leading Positions in Both Nevada and Arizona and Build Brand and Wholesale Capabilities
PRESS RELEASE Tryke generated US$70.4 million in Revenue and US$24.6 million in EBITDA in fiscal 20181, making it one of the highest grossing and most profitable private cannabis companies in the U.S. market. Nevada is one of the largest and fastest growing cannabis markets in the U.S. with 2019 sales estimates of up to US$940 […]
Cresco Labs Hires Angie Demchenko as its First Chief People Officer
PRESS RELEASE CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that Angie Demchenko has joined the Company as its first Chief People Officer. Ms. Demchenko most recently served as Vice President, Head of Human […]
