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Tag: Cresco Labs

Sean ‘Diddy’ Combs to buy Chicago-area cannabis operations in deal connected to $2 billion Cresco-Columbia Care merger

Sean “Diddy” Combs has agreed to buy nine cannabis retail stores and three production facilities in Illinois, New York and Massachusetts for $185 million as part of required antitrust divestitures… Continue reading Sean ‘Diddy’ Combs to buy Chicago-area cannabis operations in deal connected to $2 billion Cresco-Columbia Care merger

Transportation Workshop presented by ACC of Illinois in partnership with Cresco

ACC of Illinois in partnership with Cresco Labs held a Illinois cannabis transporters workshop where many attendees were able to obtain information to get their cannabis transportation businesses off the… Continue reading Transportation Workshop presented by ACC of Illinois in partnership with Cresco

Consumption Lounge Panel Presented By IGTM Education in partnership with Cresco Labs

Cannabis has been a hot topic in the state of Illinois with the delay in the issuance of licenses to social equity applicants. With many of the licenses set to… Continue reading Consumption Lounge Panel Presented By IGTM Education in partnership with Cresco Labs

4/20 done a new way in Illinois

IGTM Education is proud of planning, coordinating, and hosting an event with Cresco Labs and ACC Of Illinois. This year while planning the event many people were asking about where… Continue reading 4/20 done a new way in Illinois

Cannabis Provides a Unique Opportunity to Promote Sustainable, Environmentally Friendly Business Practices

The industry is in a position of influence to help us all understand what it takes to be mindful about balancing costs for consumers with conservation and sustainability priorities.  With… Continue reading Cannabis Provides a Unique Opportunity to Promote Sustainable, Environmentally Friendly Business Practices

Cresco Labs Announces Approval for Tenth Illinois Dispensary in Naperville

The adult-use dispensary is located in one of the busiest shopping areas in Naperville, the third largest city in Illinois with approximately 150,000 residents. CHICAGO – September 22, 2020 —… Continue reading Cresco Labs Announces Approval for Tenth Illinois Dispensary in Naperville

Cresco Labs Bolsters Leadership Team With Three Senior Promotions

David Gacom, Melissa Wagamon and Sean McAlister, who move into Regional President roles, will lead the business across the platform while strengthening the company’s geographic footprint CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF)… Continue reading Cresco Labs Bolsters Leadership Team With Three Senior Promotions

Cresco Labs Announces Accelerating Revenue and Increasing Operating Leverage in Record Second Quarter 2020 Results

Record revenue of $94.3 million, 42% growth QoQ 30+% sequential revenue growth in all of the Company’s U.S. markets except Massachusetts  Record adjusted EBITDA1 of $16.5 million, 419% growth QoQ Reduced… Continue reading Cresco Labs Announces Accelerating Revenue and Increasing Operating Leverage in Record Second Quarter 2020 Results