Bullboard - Stock Discussion Forum Cresco Labs Inc C.CL

Alternate Symbol(s): CRLBF

Healthcare Cannabis

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.... see more

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Cresco Labs Inc > Cresco Labs Records Q3 Revenues of $215.5 Million, Impairs $

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Post by AwareInvestor on Nov 11, 2021 7:55am

Cresco Labs Records Q3 Revenues of $215.5 Million, Impairs $

Cresco Labs reported its third quarter financial results this morning, reporting marginal revenue growth to $215.5 million for the quarter. Most significantly, the company reported a substantial impairment loss, resulting in the firm reporting a net loss of $263.5 million.

https://thedeepdive.ca/cresco-labs-records-q3-revenues-of-215-5-million-impairs-290-9-million-in-assets/

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