CL:CC News and Press, Cresco Labs Inc.

Some experts believe that legislators that opposing the reclassification of marijuana under Schedule 3 may call for public hearings that will delay the U.S. Drug Enforcement Administration’s (DEA) final rule past the election. Some claim that this is the goal — to prevent Presiden...

A recently released federal spending bill includes language that would put an end to the distribution of unregulated hemp products. Provisions in the new spending bill would distinguish between industrial hemp cultivated for food and fiber and plants cultivated to produce cannabinoid extracts. ...

It has become clear in recent years that obtaining a cannabis license is both expensive and complicated. As a result, many people have found it easier to sell intoxicating products , such as hemp THC beverages. However, this trend may be shifting, especially in California. Hemp THC beverages a...

In a secluded section of the U.S. Drug Enforcement Administration (DEA) headquarters known as the 12th-floor “bubble,” director Anne Milgram called a special “marijuana meeting” in March 2024 where she made an unusual request: no one was allowed to take notes. During...

Major changes are being made at the Office of Cannabis Management (OCM) in New York State after the governor directed that a review be conducted. The review , as ordered by Governor Kathy Hochul, led to the discovery that New York’s rollout of legalized recreational cannabis had been a fa...

Over 10x year-over-year increase in operating cash flow Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“ Cresco Labs ” or the “ Company ”), the industry leader in branded cannabis products with a portfolio of America’s most popular brand...

2024-05-09 16:10:00 ET Canada legalized cannabis for recreational use in October 2018, giving rise to investor optimism. But in the last five-and-a-half years, most Canadian marijuana stocks have lost over 90% in market value due to rising competition, negative profit margins, oversupply of...

Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced planned participation in ...

Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced it will report financial ...

Maine is becoming the new hub for the illegal cannabis trade , with numerous unlicensed cultivation houses scattered across the state, according to a recent investigation conducted by CBS News. This trend mirrors a broader phenomenon unfolding countrywide, with illegal cannabis farms sprouting u...