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Bullboard - Stock Discussion Forum 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.... see more

CSE:CL - Post Discussion

Cresco Labs Inc > Way Oversold
View:
Post by Oldweed on Mar 29, 2021 12:32pm

Way Oversold

Algos have for the past year kept CURA and CL at a 2-2.50 spread, today we had a 3.50 plus spread and CL recently had a very good financial. MM's are dragging it down to load up imo, it will rebalance shorty to a 2.00 spread if history is to predict SP.
Comment by retiredcf on Mar 30, 2021 12:22pm
The entire sector is weak today, likely because of the GTII news. GLTA
Comment by Oldweed on Mar 30, 2021 2:03pm
Frustrating to see this stock being punished, it's the cheapest MSO large cap play by a long shot! Nuts!
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