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Bullboard - Stock Discussion Forum Cresco Labs Inc C.CL

Alternate Symbol(s):  CRLBF | C.CL.W | CRLWF

Cresco Labs Inc is a vertically-integrated multi-state cannabis operator in the United States. The company grows, manufactures, and distributes cannabis using a consumer-packaged-goods (CPG) approach. The firm sells its products through wholesale and Company-owned retail channels in numerous states.

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Remember All-Time Low

Cresco Labs' all time low was hit on March 17th 2020. On that day, it hit 2.81CAD a share. If you bought your shares at that price, you're technically up 33%! Cheers to that person.  rate and reply

My Investment Strategy:

My strategy is to hold low-priced stocks to get a good return, especially in inflationary times. I believe Cresco and AUSA are good options.  rate and reply

Quarter Results

Cresco's first-quarter results make me believe that this industry is safe for investment. Now I'm waiting for AUSA's earning report!  rate and reply

Cannabis Sales Grow 5% Sequentially...

https://www.newcannabisventures.com/cannabis-sales-grow-5-sequentially-to-1-68-billion/  rate and reply

Fundamental Disconnect in Cannabis

https://mindsetvalue.substack.com/p/fundamental-disconnect-in-cannabis  rate and reply

US legalization

https://www.bnnbloomberg.ca/video/u-s-cannabis-legalization-doesn-t-look-likely-in-the-coming-months-analyst~2425814  rate and reply

Schumer to introduce Cannabis de-schedule measure:

https://www.marketwatch.com/story/schumer-reiterates-plan-to-introduce-cannabis-de-schedule-measure-2022-04-15?siteid=rss  rate and reply

$2B Deal

I I've purchased 2000 more shares after the announcement of the Columbia Care deal. As the price is already moving up, there are good chances of good returns. But to be safer, I'm also...read more

Arizona Issues More Licenses:

https://mjbizdaily.com/arizona-issues-26-social-equity-cannabis-business-licenses/  rate and reply

Pick your Favorite Brands

With the increasing number of states legalizing recreational and medicinal marijuana, cannabis companies are gaining momentum in investment, employment and new businesses. i have picked my two...read more

Maryland appears poised to approve...

https://www.marketwatch.com/story/adult-use-cannabis-measure-headed-to-statewide-referendum-in-maryland-2022-04-04?siteid=rss  rate and reply

Cannabis Stocks Hot ahead of Hearing:

https://www.cnbc.com/2022/03/30/cannabis-stocks-are-hot-ahead-of-a-house-panel-hearing-on-a-federal-legalization-bill-.html  rate and reply

Marijuana Bill Scheduled...

https://www.marijuanamoment.net/federal-marijuana-legalization-bill-officially-scheduled-for-house-floor-vote-next-week/  rate and reply

CL Acquires Columbia Care Creates Largest US Weed Company

Fresh off the announcement that cannabis company Cresco Labs plans to acquire rival Columbia Care for $2 billion in an all-stock transaction, CEO Charlie Bachtell joined Cheddar's Chloe Aiello to...read more

RE:Fourth Qtr & Full Yr 2021 Results with Record Revenue

Record fourth quarter revenue of $218 million, up 34% year-over-year The record is powder in the eyes. Cresco as the others, have problem generating good growth revenue because of the competition....read more

RE:Waiting for Fourth Quarter

You didn't invest in AUSA- you gambled!   rate and reply

Waiting for Fourth Quarter

I have already Invested in AUSA after seeing their financial quarter results. However, I am looking for an alternate investment option, and I think Cresco is the right one.  Just waiting for...read more

Fourth Qtr & Full Yr 2021 Results with Record Revenue

  Fiscal Year 2021 Financial Highlights Record revenue of $822 million, an increase of 73% year-over-year Gross profit excluding fair value mark-up for acquired inventory...read more

Cresco Labs To Pay US$2.0 Billion In Stock To Acquire Columb

Consolidation within the US cannabis space continued this morning with the proposed combination of Columbia Care and Cresco Labs hitting the wire. Originally leaked last night via Twitter user...read more

Conference Call and Webcast

The Company will host a conference call and webcast to discuss its financial results, the proposed Columbia Care acquisition and provide investors with key business highlights on Wednesday, March 23...read more