Cresco Labs Inc. (CSE: CL)

Canada flag Canada · Delayed Price · Currency is CAD
1.250
-0.030 (-2.34%)
Jan 20, 2025, 4:00 PM EST
-52.65%
Market Cap 436.03M
Revenue (ttm) 981.27M
Net Income (ttm) -91.10M
Shares Out 348.82M
EPS (ttm) -0.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 25,318
Average Volume 123,213
Open 1.310
Previous Close 1.280
Day's Range 1.250 - 1.310
52-Week Range 1.140 - 3.580
Beta 1.95
RSI 42.84
Earnings Date Mar 14, 2025

About Cresco Labs

Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co. brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand. The... [Read more]

Sector Healthcare
Founded 1990
Employees 2,760
Stock Exchange Canadian Securities Exchange
Ticker Symbol CL
Full Company Profile

Financial Performance

In 2023, Cresco Labs's revenue was $756.06 million, a decrease of -8.35% compared to the previous year's $824.93 million. Losses were -$175.52 million, -17.22% less than in 2022.

Financial numbers in USD Financial Statements

News

Exclusive: Cannabis groups combine to push for federal reforms under Trump

U.S. Cannabis Roundtable is forming with backing from Cresco Labs, Trulieve, Green Thumb Industries, Verano and Curaleaf.

5 days ago - MarketWatch

3 Marijuana Stocks To Watch In A Volatile Sector

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3 Marijuana Stocks To Buy And Hold In 2025?

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Investing in the Future: US Marijuana Stocks for 2025

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80% Leverage, 5.5x EBITDA: Is Cresco The High-Risk, High-Reward Play Investors Need?

Despite flat earnings and challenging market conditions, Cresco Labs Inc. (OTC: CRLBF) remains an “Overweight” stock, according to analysis firm Zuanic & Associates . In his latest report, Zuanic und...

2 months ago - Benzinga

Best And Worst Performing States For Cannabis Sales In 2024: YTD Winners & Losers

BDSA ‘s October 2024 data highlights Maryland as the fastest-growing state for cannabis sales, with a year-to-date (YTD) increase of 57.8%, totaling $942.2 million. Maryland’s impressive performance w...

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Top Marijuana Stocks to Watch for Explosive Growth Opportunities

The US cannabis industry continues to show resilience, with steady growth despite recent challenges. The industry is valued at approximately $30 billion and is projected to exceed $50 billion by 2030....

2 months ago - MarijuanaStocks

Nomura Holdings Inc's Strategic Acquisition of Cresco Labs Inc Shares

Nomura Holdings Inc's Strategic Acquisition of Cresco Labs Inc Shares

2 months ago - GuruFocus

Top Marijuana Stocks to Watch as the Cannabis Market Faces Decline

The US cannabis market recently experienced a notable pullback, creating fresh opportunities to watch top marijuana stocks. With a potential shift in federal reform under a Republican-led government, ...

2 months ago - MarijuanaStocks

Cresco Labs reports Q3 results

2 months ago - Seeking Alpha

Cresco Labs Demonstrates Success of Cash Flow Focused Strategy with Third Quarter 2024 Financial Results

CHICAGO--(BUSINESS WIRE)--Cresco Labs Underlines the Successful Strategy Focused on Cash Flow with Third Quarter 2024 Financial Results.

2 months ago - Business Wire

Earnings Preview: Cresco Labs

Cresco Labs (OTC: CRLBF) is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement. Analysts estimate that Cresco Labs will...

2 months ago - Benzinga

Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close

Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn.

2 months ago - Benzinga

Cannabis stocks crater as Florida fails to garner needed votes for adult use

North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.

2 months ago - Market Watch

3 Marijuana Stocks For Better Gains Today

Over the last several months the US cannabis industry has been on fire. More companies are expanding operations focusing on the future. With federal reform still up in the air state-level regulations ...

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Marijuana Stock Movers For October 22, 2024

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3 months ago - Benzinga

Cannabis Stock Movers For October 22, 2024

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These Marijuana Stocks Could Be The Best Investment

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Cresco Labs Could Do Well After Rescheduling Takes Place

Cresco Labs' (CRLBF) risks include potential failure of cannabis rescheduling and competitive pressures in key markets. Read why I remain neutral on the stock.

3 months ago - Seeking Alpha