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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

Comment by Higherhopes2020on Aug 17, 2020 7:38pm
112 Views
Post# 31420425

RE:RE:RE:Steady roll

RE:RE:RE:Steady rollPrice target 10.20 us $
  • According to analysts' consensus price target of $10.20, Cresco Labs has a forecasted upside of 32.5% from its current price of $7.70.

June sales were 48 millon.  Quarterly sales will be over 115 million. Results will be out on 20th of this month.   Upside potential is great.


]Illinois is breaking sales records MOM , I think June's was $61 million in sales. Cresco dominates that state & I'm sure they are raking in the sales
at a record pace. In California I just read that this COVID thing is cutting into the black market sales resulting in more people buying from the legal market. More legal sales along with changes in local zoning is allowing more despenceries across the state that only means more sales for Cresco through the origin house distribution network.

2 to 4 or 3 to 5 years from now we'll be sitting on a $50 stock at least. Should have bought more back in March.[/quote]

[/quote]

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