Cresco Labs Launches California Advertising Campaign, Marking Its Most Significant Marketing Push To Date

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Campaign touting the brand’s high quality and consistency supports new packaging and products in the market as Cresco strives to become one of the leading cannabis brands in the country’s largest recreational state CALIFORNIA: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today debuted its largest advertising initiative created Read the full article…

Cresco Labs Recieves Adult-Use Approval For All Five Existing Illinois Dispensaries

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has received Early Approval Adult-Use Dispensing Organization Licenses for all five of its existing Illinois medical cannabis dispensaries. Cresco received approval for adult-use cultivation on September 30th making it the only company approved for both adult-use cultivation and adult-use Read the full article…

Cresco Labs Announces Closing Of Acquisition In New York State

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Acquisition Adds One of Only 10 Vertically Integrated Cannabis Business Licenses Issued by the State of New York ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has closed its acquisition of 100% of the membership interests of Gloucester Street Capital, the parent entity of Read the full article…

Cresco Labs Comments On The Passage Of The Safe Banking Act In The U.S. House Of Representatives

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ILLINOIS:  Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today provided comments on the passage of the Secure and Fair Enforcement Banking Act of 2019 (“SAFE Banking Act.”) “The passage of the SAFE Banking Act by the U.S. House of Representatives represents a significant first step in the effort Read the full article…

Cresco Labs Announces Increased Profitability In Q2 2019 With Revenue Growth Of 253% Year-Over-Year and 42% Quarter-Over-Quarter

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today released its unaudited financial results for the second quarter ended June 30, 2019. All financial information presented in this release is in U.S. dollars, unless otherwise noted. Second Quarter 2019 Highlights and Subsequent Events Revenue Second quarter revenue of $29.9 Read the full article…

Cresco Labs Announces Opening Of VidaCann Dispensaries In Pensacola And Jacksonville

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ILLINOIS:  Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced the opening of new VidaCann medical cannabis dispensaries in the cities of Pensacola and Jacksonville, Florida. With the opening of the new dispensaries, VidaCann now has 12 operating dispensaries throughout the state of Florida. Cresco Labs has entered Read the full article…

Illinois Passes Transformative Adult-Use Cannabis Legalization with Sales Starting January, 2020

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ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multistate cannabis operators in the United States, today provided comments on the legalization of adult-use cannabis in its home state of Illinois. Cresco Labs CEO & Co-Founder Charlie Bachtell served on the Cannabis Legalization Subcommittee of Illinois Governor JB Pritzker’s transition team as the sole representative Read the full article…

Cresco Labs To Report First Quarter 2019 Financial Results On May 29, 2019

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ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, will report its financial results for the first quarter ended March 31, 2019 on Wednesday, May 29, 2019 after the market closes. The Company will hold a conference call and webcast to discuss its business and financial results on Read the full article…

Cresco Labs Named A 2019 Best Place To Work By Crain’s Chicago Business

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ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it was named one of the 2019 Best Places to Work in Chicago. Crain’s Chicago Business partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees. Since 2008, Crain’s has highlighted the local Read the full article…

Cresco Labs Continues Its Illinois Expansion With Regulatory Approval For Three Dispensaries

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ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it received approval from the Illinois Department of Financial and Professional Regulation (IDFPR) for Cresco’s previously announced acquisitions of licensed medical cannabis dispensaries MedMar Rockford and MedMar Lakeview, located in the popular Wrigleyville neighborhood of Chicago. The IDFPR also Read the full article…