Cresco Labs Inc. (CRLBF)

OTCMKTS: CRLBF · Delayed Price · USD
2.150
-0.330 (-13.31%)
May 1, 2024, 3:59 PM EDT - Market closed
Market Cap 939.35M
Revenue (ttm) 776.09M
Net Income (ttm) -175.16M
Shares Out 320.76M
EPS (ttm) -0.54
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,799,825
Open 2.500
Previous Close 2.480
Day's Range 2.110 - 2.520
52-Week Range 1.000 - 2.770
Beta 2.07
Analysts Hold
Price Target 2.00 (-6.98%)
Earnings Date n/a

About CRLBF

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 2013
Employees 2,760
Stock Exchange OTCMKTS
Ticker Symbol CRLBF
Full Company Profile

Financial Performance

In 2023, Cresco Labs's revenue was $785.02 million, a decrease of -6.84% compared to the previous year's $842.68 million. Losses were -$178.74 million, -17.19% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CRLBF stock is "Hold" and the 12-month stock price forecast is $2.0.

Price Target
$2.0
(-6.98% downside)
Analyst Consensus: Hold

News

Cannabis stocks rally as AP reports imminent rescheduling proposal by DEA

Cannabis stocks were up sharply on Tuesday on a report by the Associated Press that the U.S. Drug Enforcement Administration is poised to propose the lowering of cannabis to a Schedule III controlled ...

1 day ago - Market Watch

Cresco Labs to Report First Quarter 2024 Financial Results on May 15, 2024

CHICAGO--(BUSINESS WIRE)--Cresco Labs to Report First Quarter 2024 Financial Results on May 15, 2024.

1 day ago - Business Wire

3 Marijuana Stocks To Watch To Add To Your List This Week

Investing in marijuana stocks comes with certain variables. What this means is to be able to know which is better to invest in. At times it's tough to base it off of market or company success due to h...

Other symbols: CWBHF
10 days ago - MarijuanaStocks

Best Marijuana Stocks to Buy: Cannabis Stocks for Investing

The best marijuana stocks have been put through the wringer for years. But with U.S. cannabis sales on the rise, these picks could finally have their day in the sun.

14 days ago - Kiplinger

Here Are 3 Marijuana Stocks For You This Week

Investing in marijuana stocks can be difficult at times, especially with how fast things can change. Other sectors normally do not have as much volatility as cannabis does. Yet what keeps more people ...

Other symbols: CURLF
17 days ago - MarijuanaStocks

Florida Supreme Court OKs adult-use cannabis referendum for November ballot in victory for pot companies

The Florida Supreme Court on Monday ruled in favor of allowing Florida voters to decide whether cannabis can be sold to adults 21 and over through a referendum on the November ballot.

Other symbols: CURLFGTBIFTCNNF
4 weeks ago - Market Watch

Cannabis company Cresco Labs swings to a profit while revenue beats estimates

Cresco Labs Inc. CRLBF, +2.63% said Wednesday it swung to a fourth-quarter profit on stronger-than-expected revenue. The Chicago-based cannabis seller said it earned $4.87 million in the three months ...

7 weeks ago - Market Watch

Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results Demonstrating Significant Profitability and Cash Flow Improvements

CHICAGO--(BUSINESS WIRE)--Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results Demonstrating Significant Profitability and Cash Flow Improvements.

7 weeks ago - Business Wire

Cannabis Champions: March 2024's Top Performing US Stocks

This week, several top US marijuana stocks have caught the attention of investors and traders alike. With the US cannabis industry poised for significant growth, these companies stand out for their in...

Other symbols: TCNNF
7 weeks ago - MarijuanaStocks

Cresco Labs to Report Fourth Quarter and Annual 2023 Financial Results on March 13, 2024

CHICAGO--(BUSINESS WIRE)--CRESCO LABS TO REPORT FOURTH QUARTER AND ANNUAL 2023 FINANCIAL RESULTS ON MARCH 13, 2024.

2 months ago - Business Wire

Cannabis stocks rise as Germany takes ‘first big step' toward broader legalization in Europe

Curaleaf Holdings Inc. Executive Chairman Boris Jordan and other cannabis executives on Friday praised Germany's removal of cannabis from a list of narcotics as a potential boost to the marijuana busi...

2 months ago - Market Watch

These 3 Marijuana Stocks to Buy Could Be The Ones You Want

Marijuana stock investors are keeping hopes high in 2024. There is a lot to be seen and done yet some things have started to take action. 2024 is an election year for the United States. What this mean...

Other symbols: GTBIF
2 months ago - MarijuanaStocks

Cresco Labs Continues Retail Expansion in Pennsylvania with New Gettysburg Store

CHICAGO--(BUSINESS WIRE)--Cresco Labs Continues Retail Expansion in Pennsylvania with New Gettysburg Store.

2 months ago - Business Wire

Cannabis Investing 2024: 3 Top Marijuana Stocks To Watch

Starting Many off the new week we hope to see good momentum for the cannabis sector. Many of the top publicly traded cannabis companies are soon to release quarterly earnings while some already have. ...

Other symbols: CURLFGTBIF
2 months ago - MarijuanaStocks

Cresco Labs Announces Transfers of Super Voting Shares to Certain Directors

CHICAGO--(BUSINESS WIRE)--CRESCO LABS ANNOUNCES TRANSFERS OF SUPER VOTING SHARES TO CERTAIN DIRECTORS.

2 months ago - Business Wire

Top US Marijuana Stocks for February 2024 Watchlist

As we step into February 2024, the cannabis industry and top marijuana stocks continue to show vibrant growth. This sector has captured investors' attention worldwide. The U.S. and global markets are ...

Other symbols: TCNNF
3 months ago - MarijuanaStocks

Best cannabis stocks to buy in February: MSOS, TLRY, CRLBF

Cannabis stocks have started the year well. The AdvisorShares Pure US Cannabis ETF (MSOS) has risen by 43% this year, pushing its total assets to over $965 million.

Other symbols: TLRYMSOS
3 months ago - Invezz

Cresco Labs Promotes Greg Butler to President

CHICAGO--(BUSINESS WIRE)--Cresco Labs Promotes Greg Butler to President.

3 months ago - Business Wire

Here Are 3 Marijuana Stocks To Watch Today

Investing in the best marijuana stocks can be a challenge at times. For example, you would think the company whos more successful would do better in the stock market. With the cannabis sector that is ...

Other symbols: CURLF
3 months ago - MarijuanaStocks

The Best Marijuana Stocks To Trade This Week

So far the start of 2024 has been a momentum builder for marijuana stocks. Much of which is built off of speculation of what will take place in the future. From 2018 to 2024 the demand for cannabis ha...

3 months ago - MarijuanaStocks

Cannabis stocks move sharply higher as details emerge on rescheduling recommendation

The release of documents that support a recommendation by the U.S. Department of Health and Human Services to lower the classification of cannabis under federal law to Schedule III from Schedule I ign...

Other symbols: CURLFGTBIFMSOSTCNNF
3 months ago - Market Watch

As Tilray, Curaleaf, Cresco Labs, MSOS ETF stocks jump, old risks remain

Cannabis stocks and ETFs are having a good time after some regulatory movements in the past few days. The AdvisorShares Pure US Cannabis ETF (MSOS) surged by over 10% on Friday and was up by more than...

Other symbols: CURLFMSOSTLRY
3 months ago - Invezz

Rising High: Top Cannabis Penny Stocks Below $2 to Watch Now

The buzz around marijuana penny stocks under $2 is growing louder this week, and it's not hard to see why. These stocks are a hotspot for investors looking for a mix of thrill and potential gains in t...

3 months ago - MarijuanaStocks

High Potential: Leading U.S. Marijuana Stocks in January 2024

As we step into 2024, the U.S. marijuana industry and top marijuana stocks are buzzing with potential, making it a hot topic for investors. The landscape is changing rapidly, thanks to the growing acc...

Other symbols: CURLF
4 months ago - MarijuanaStocks

Cannabis Boom: U.S. Top Stocks Hit Highs with Double-Digit Gains

As we step into 2024, the cannabis industry is witnessing a significant uptrend, highlighting the growing potential of top marijuana stocks. Recent statistics underscore this growth trajectory. The gl...

4 months ago - MarijuanaStocks