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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 LuvMyGoldon Oct 15, 2006 8:20am
175 Views
Post# 11504981

Given that we cannot do anything with our...

Given that we cannot do anything with our...shares for a while, I also will make just a few relevant comments: (a) Shareprice Manipulation/Rogue Trader(s) - yes, I have no doubt that this identified activity took place, as the downslide in our price was relentless -obviously well orchestrated. But, in the long run, a quality project will overcome such manipulation and shorts having to cover would bring the price upward quickly, upon the release of good news. (b) RGZ Management - we are now in a position where we are completely handcuffed. We can't trade, we can't easily raise the required funds to keep operating for much longer, and neither of these circumstances were caused by any rogue trader or anyone else with an anti-RGZ agenda. Let's face it, if RGZ had done its work properly, any complaint by anyone to market regulators about RGZ would have fallen on deaf ears. Rogue traders did not decide to take short cuts by using an inhouse(therefore not independant) geologist to prepare the required 43-101 report, contrary to the regulations. Rogue traders did not let us run so low in cash, (by not financing when the shareprice was much higher), that our economic viability is a potential concern. Rogue traders did not cease any 'formal' communication to date,(i.e., news release explaining the circumstances and proposed resolution)with the public and in particular its shareholders, which has given the general impression that there may be something to hide, or worse, that their apparent arrogance and indifference towards their shareholders is limitless. All of these actions come from within our little company itself. Its going to be a tough battle when we are facing both external and internal forces at play, effectively creating the perfect storm. Anybody who thinks that this(cease trading for months) is not a serious matter, just isn't really thinking at all. To dimish this event is to put your head in the sand, ostrich-like! Imagine the possible damage done to RGZ's reputation and its potential loss of credibility in the junior mining sector and the financial sector, especially when it comes time to raise some much needed cash soon. Unfortunate that this is all occurring right around tax loss selling season. All we can hope for, in my view, is spectacular news from Victory Strike and a reaffirmation of the current resources at Titan, at a minimum. Good news has a way of winning the day. If we start trading again in the absence of the two events in the last sentence, there won't be any need for rogue traders to drive this shareprice right into the ground. All of the above is jmvho! I am hoping for such good news, but am bracing myself for the opposite and I do wish all shareholders good luck going forward, as we are going to need it.
Bullboard Posts