Cresco Labs Inc. (CSE: CL)

Canada flag Canada · Delayed Price · Currency is CAD
1.670
-0.020 (-1.18%)
Nov 20, 2024, 4:00 PM EST
-31.84%
Market Cap 581.17M
Revenue (ttm) 981.27M
Net Income (ttm) -91.10M
Shares Out 348.00M
EPS (ttm) -0.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 104,527
Open 1.640
Previous Close 1.690
Day's Range 1.610 - 1.830
52-Week Range 1.410 - 3.580
Beta 1.97
Analysts n/a
Price Target n/a
Earnings Date Nov 11, 2024

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

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....

3 days ago - MarijuanaStocks

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

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

6 days 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, ...

9 days ago - MarijuanaStocks

Cresco Labs reports Q3 results

13 days 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.

13 days 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...

14 days 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.

14 days 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.

14 days 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 ...

16 days ago - MarijuanaStocks

Marijuana Stock Movers For October 22, 2024

GAINERS: CLS Holdings USA (OTC: CLSH) shares closed up 61.29% at $0.06 SOL Glb Inv (OTC: SOLCF) shares closed up 38.16% at $0.04 Rocky Mountain High (OTC: RMHB) shares closed up 20.00% at $0.01 Blu...

4 weeks ago - Benzinga

Cannabis Stock Movers For October 22, 2024

GAINERS: CLS Holdings USA (OTC: CLSH) shares closed up 61.29% at $0.06 SOL Glb Inv (OTC: SOLCF) shares closed up 38.16% at $0.04 Rocky Mountain High (OTC: RMHB) shares closed up 20.00% at $0.01 Blu...

4 weeks ago - Benzinga

These Marijuana Stocks Could Be The Best Investment

With the rapid expansion of the cannabis industry, more people are searching for ways to get involved. From just the inception of legal cannabis to California becoming ground zero for medical marijuan...

4 weeks ago - MarijuanaStocks

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.

4 weeks ago - Seeking Alpha

Top Marijuana Stocks to Watch This Week: Leading Picks for Growth

The US cannabis industry has been growing rapidly, with estimates predicting it will reach $50 billion in annual sales by 2025. Recent news surrounding potential federal legalization has caused signif...

5 weeks ago - MarijuanaStocks

Cresco Labs to Report Third Quarter 2024 Financial Results on November 8, 2024

CHICAGO--(BUSINESS WIRE)--CRESCO LABS TO REPORT THIRD QUARTER 2024 FINANCIAL RESULTS ON NOVEMBER 8, 2024.

5 weeks ago - Business Wire

EXCLUSIVE: 'Poking The Bear' As Florida's Contentious Cannabis Legalization Vote Looms

Rosie Mattio , founder and CEO of Mattio Communications, and Jason Erkes , chief communications officer at Cresco Labs (OTC: CRLBF), both agreed that throughout their many years in public affairs and...

6 weeks ago - Benzinga

EXCLUSIVE: Cannabis Companies Must 'Get More Juice From The Same Squeeze,' Says Cresco Labs CEO As Challenges Persist

Finding a balance between getting more scale, but still being productive and having high margins in the current landscape in the cannabis industry, is a "daily challenge." That's according to Charlie ...

6 weeks ago - Benzinga

3 Marijuana Stocks To Watch This Week In October

Finding top marijuana stocks to buy this month may be easier. The consistent up-and-down trading in the sector presents that opportunity. Due to increased politics surrounding cannabis reform and the ...

6 weeks ago - MarijuanaStocks

Top US Marijuana Stocks to Watch in October: Industry Leaders and Market Movers

The US cannabis industry continues to grow rapidly, driven by increasing legalization and consumer demand. As of 2024, 39 states have legalized medical marijuana, and 23 allow recreational use. The in...

7 weeks ago - MarijuanaStocks

2 Marijuana Stocks To Add To Your Watchlist

As more changes impact the cannabis sector what are marijuana stock investors focused on during this time? The legal battles of the cannabis industry are the main emphasis. Often when there is positiv...

7 weeks ago - MarijuanaStocks

Cresco Labs Announces Resignation from the Board

CHICAGO--(BUSINESS WIRE)--Cresco Labs Announces Resignation from the Board.

7 weeks ago - Business Wire

3 Marijuana Stocks For Investors Today

For those who actively show their support for legal cannabis are still facing continuous challenges. To start even with over 50% of the US and other global regions there is still no federal reform. Ev...

2 months ago - MarijuanaStocks

Cresco Labs announces CEO transition

Cresco Labs CFO Dennis Olis to retire, Sharon Schuler to take over.

2 months ago - Seeking Alpha

Cresco Labs Announces Dennis Olis to Retire as Chief Financial Officer

CHICAGO--(BUSINESS WIRE)--Cresco Labs Announces Dennis Olis to Retire as Chief Financial Officer.

2 months ago - Business Wire