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Cresco Labs Inc C.CL

Alternate Symbol(s):  CRLBF

Cresco Labs Inc. is an integrated multi-state cannabis operator in the United States. The Company is licensed to cultivate, manufacture, and sell retail and medical cannabis products primarily through Sunnyside, Cresco Labs’ national dispensary brand, and third-party retail stores. Its family brands include Cresco, High Supply, Good News, Wonder Wellness Co., FloraCal Farms, Remedi and Mindy’s. Its portfolio consists of over 400 products. The Company's products are sold in over 1,600 dispensaries across the country. Its Cresco offers consistent strains, available in a variety of product forms at dispensaries and retail locations nationwide. Its High Supply lab-tested; and available in vape carts, vape pens, flower, popcorn, shake, shorties and concentrates. Its Remedi products provide a consistent and trusted alternative to traditional pharmaceuticals like opioids. Its Mindy’s offers dosed edibles created by James Beard. It is the wholesaler of branded cannabis products.


CSE:CL - Post by User

Bullboard Posts
Post by Oldweedon Apr 28, 2019 1:07pm
162 Views
Post# 29680832

Expectation raise and SP

Expectation raise and SPAny opinions as to if this new raise of 500,000,000 perseptus will be viewed as a positive or as negative for the current SP? Personally, I think if you consider that CL is on track to be among the first to reach 1 billion in fiscal revenue, I am not worried about dilution. Also based on their view of value add aquisitions such as OH, any future aquisition will likely be viewed as an efficient expansion and increase the SP. 
Bullboard Posts