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Cresco Labs Inc CRLBF


Primary Symbol: C.CL

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

Post by kijijion Dec 01, 2022 9:19pm
348 Views
Post# 35145132

Research Coverage of Cresco Started at Wedbush

Research Coverage of Cresco Started at Wedbush
Investment analysts at Wedbush began coverage on shares of Cresco Labs (OTCMKTS:CRLBF) in a research report issued on Thursday. The brokerage set an "outperform" rating on the stock.
 
Cresco Labs Is Leading The U.S. Cannabis Market 
Other equities research analysts have also issued research reports about the stock. BTIG Research restated a "buy" rating on shares of Cresco Labs in a report on Friday, October 28th. Alliance Global Partners dropped their target price on Cresco Labs from C$15.00 to C$10.00 in a research report on Wednesday, August 17th. Piper Sandler reduced their price target on Cresco Labs from $9.00 to $6.00 and set an "overweight" rating on the stock in a report on Thursday, August 18th. Cantor Fitzgerald decreased their price target on Cresco Labs from $19.00 to $15.00 and set an "overweight" rating for the company in a research note on Thursday, August 18th. Finally, Canaccord Genuity Group cut their price objective on Cresco Labs from C$9.50 to C$8.00 in a research report on Thursday, August 18th. Seven equities research analysts have rated the stock with a buy rating.
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