RE:RE:Shifts to Owned-Brand Distribution in CaliforniaBlackbear wrote: So does anyone know exactly how this will effect Cresco going forward? Does this news warrant the 6 % pullback today ? The news seems a bit murky?
The way I interprate htis move is based on my positive outlook and that some sort of material change is pending. Part of CL's main objsectiev is to be a key distributor in a very difficult and splintered CA market. That being said I am thinking either the CL product is extremely successful and is now maxing out the distribution network or that they have signed and exclusive distribution deal. If that is the case I believe that there is a merger pending with another important MSO yet to be announced. Hold on tight!