Cresco Labs Inc

Equity research firm Zuanic & Associates convened a panel in mid-June featuring industry experts to dissect the ongoing cannabis rescheduling efforts in the US. They provided a comprehensive outlook on the rescheduling process, expected to conclude with the publication of the Final Rule in the...

“Appreciate the opportunity to be here today,” said keynote speaker Charlie Bachtell, co-founder & CEO of Cresco Labs Inc (OTCQX: CRLBF) at the September Benzinga Cannabis Capital Conference panel discussion, moderated by Debra Borchardt, executive editor at Green Market Report...

The world of cannabis and psychedelics is evolving at a rapid pace, with companies introducing groundbreaking products and expanding into new markets. From advanced cannabis delivery systems to organic mushroom grow kits, these innovations are not only reshaping consumer choices but also promoting...

Illinois' cannabis landscape is experiencing a dynamic transformation, showcasing both significant milestones and persistent challenges in its journey toward inclusivity and expansion. Gov. Jay Robert "J.B." Pritzker (D), a driving force behind this evolution, is set to take center...

In a legal battle between two of America's biggest cannabis companies, Cresco Labs Inc (OTC: CRLBF) has accused competitor Green Thumb Industries Inc (OTCQX: GTBIF) of illicitly recruiting its high-level personnel. As reported by Chicago Sun-Times, both firms, based in Chicago's River...

A survey conducted by Cantor Fitzgerald, involving 52 Illinois dispensaries and their flower SKUs, shows the state's retail prices are down 18% YoY. Market Flower Retail Prices & SKUs In IL According to the survey, Illinois flower prices (3.5g pack presentation) at $15.17/g are 25% higher...

Once Missouri rolled out recreational cannabis sales "all 200 medical dispensaries have converted or will soon convert to recreational," said Cantor Fitzgerald's Pablo Zuanic. Zuanic contends the state could reach $1.6 billion in sales in 2-3 years.  The...

On Monday, Crain's Chicago released a list of Chicago's largest marijuana companies. These leading cannabis industry players in the Midwest city inlcude: publicly traded Cresco Labs Inc (OTCQX: CRLBF) (CSE: CL), Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), and Green Thumb...

Cresco Labs Inc (OTCMKTS: CRLBF) and Columbia Care Inc (OTCMKTS: CCHWF) announced the signing of definitive agreements to divest certain New York, Illinois, and Massachusetts assets to an entity owned and controlled by Sean “Diddy” Combs. Cantor Fitzgerald's Pablo Zuanic...

The Analyst Following Cresco Labs’ (OTC: CRLBF) (CSE:CL) conference call, Pablo Zuanic,  from Cantor Fitzgerald kept an "Overweight" rating and maintained a 12-month price target of $19. “We will not update forward quarterly estimates until SEDAR is out (expected tomorrow...

The Analyst Pablo Zuanic, from Cantor Fitzgerald, rated Columbia Care Inc. (OTC: CCHWF) as Overweight with a price target of $5.10. The Thesis Columbia Care reported its unaudited financial and operating results for the first quarter ended March 31, 2022, on Monday. The firm reported revenue of $...

U.S. cannabis producer Cresco Labs Inc. (OTCQX: CRLBF) is acquiring its rival Columbia Care (OTCQX: CCHWF) for $2.1 billion, Reuters reported late Tuesday. Additional sources confirmed the transaction in conversation with Benzinga. Once the deal is finalized, Cresco Labs will become the new leader...

There are several key parameters an investor should consider when investing in the cannabis space, according to Entourage Effect Capital (EEC) Managing Director Codie Sanchez. Most of the market is currently small- to mid-cap, and any cannabis stock could be a worthwhile investment...

The calls for social equity in cannabis continue to grow louder as the market matures and more states come online. While most in the space support social equity, its implementation and the market's taxation has the sector debating the need for high taxes to fund equitable efforts. The topic is...

Most states have passed some type of cannabis reform — only six consider it fully illegal. Yet, on the federal level, the marijuana prohibition has yet to be repealed. Lawmakers continue to drag their feet, with just incremental progress taking shape in the 116th Congress. Sources...