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CL:CC News and Press, Cresco Labs Inc. From 04/26/24

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Company Name: Cresco Labs Inc.
Stock Symbol: CL:CC
Market: CNQC
Website: crescolabs.com

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CL:CC - 420 with CNW - Maine Sounds Alarm on Illicit Marijuana Linked to Chinese Gangs

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...

CL:CC - Court Overturns New York's Cannabis Advertising Ban

Last week, an Albany judge overturned New York’s rules on marijuana advertising and marketing. In his ruling, Judge Kevin Bryant stated that the rules were a violation of free speech and commerce. This ruling throws the state’s already struggling legal marijuana industry into conf...

CL:CC - 420 with CNW - US Marijuana Sales Expected to Be in Excess of $31B in 2024

The United States anticipates surpassing $31 billion in regulated cannabis sales this year , according to recent projections from Whitney Economics, a hemp and cannabis consulting company based in Portland, Oregon. The estimate suggests that recreational and medical cannabis legal sales will...

CL:CC - 420 with CNW - Las Vegas Consumption Lounges Usher in New Era for Cannabis Industry

The much-anticipated introduction of cannabis consumption lounges in Las Vegas has finally materialized, with almost 20 establishments reportedly nearing completion, according to regulators. Thrive Cannabis Marketplace opened its first licensed lounge next to its store, just off the renowned La...

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

Continued execution of Year-of-the-Core strategy delivers strong gains to the bottom line and 3x improvement in full-year Operating Cash Flow Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“ Cresco Labs ” or the “ Company ”), the industry leade...

CL:CC - Hemp Firms in New York File Lawsuit to Quash New Rules

The Office of Cannabis Management is being sued by New York-licensed hemp companies in federal court. In a lawsuit filed earlier this month in the Southern District of New York, 10 hemp companies claimed that raids aimed at cracking down on the illicit marijuana market and the enforcement of re...

CL:CC - Advocates Voice Concerns as Bill Restricting Hemp Clears Wyoming Senate, Heads to House

Last week, Senate File 32 completed its third reading in the Wyoming senate. The bill has now been forwarded to the state’s House of Representatives. From there, it will be forwarded to undergo committee review and then be debated on the floor. If no amendments are proposed, it will be a...

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

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 ...

CL:CC - Cresco Labs Continues Retail Expansion in Pennsylvania with New Gettysburg Store

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 the opening of Sunnyside ...

CL:CC - Virginia's Assembly, Senate Pass Differing Cannabis Sales Bills

The Senate and House in Virginia recently approved marijuana resolutions that would legalize retail cannabis sales in the commonwealth. Both resolutions would establish legal, regulated cannabis sales starting 2025, though considerable differences remain in terms of licensing, timing, criminal pe...

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