CRLBF News and Press, Cresco Labs Inc From 02/27/23

The Daily Hit is a recap of the top financial news stories for February 27, 2023. On the Site Cresco Labs, Columbia Care Push Megadeal to Summer 2023 Sunnyside dispensaries’ parent company Cresco Labs (OTCQX: CRLBF) and Cannabist owner Columbia Care Inc. (OTCQX: CCHWF) form...

Sunnyside dispensaries’ parent company Cresco Labs (OTCQX:CRLBF) and Cannabist owner Columbia Care Inc. (OTCQX:CCHWF) have formally agreed to extend the March 31, 2023, closing date of their $2 billion, all stock megadeal to June 30, 2023. In a statement on Monday, the tw...

U.S. multi-state operator Columbia Care ( OTCQX:CCHWF ) announced Monday that it has mutually agreed with Cresco Labs ( OTCQX:CRLBF ) to extend the completion of the previously disclosed M&A deal between the two firms to June 30 from March 31. In March, Cresco Labs ( OTCQX:CRLBF...

Summary I have followed Trulieve since it went public in 2018. The company has evolved from solely a Florida operator to one that is a big player in a few markets. The price, near an all-time low, is very attractive. Trulieve Cannabis ( TCNNF ) went public in September...

Cresco Labs to Report Fourth Quarter and Full Year 2022 Financial Results on March 16, 2023 Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“ Cresco Labs ” or the “ Company ”), a vertically integrated multistate operator and the number one U.S. wholesaler...

Top Cannabis Stocks Of 2023 Do you plan to buy shares of the top marijuana stocks in 2023? The global cannabis market is expected to be worth USD 27.7 billion in 2022 and USD 82.3 billion in 2027, with a CAGR of 24.3%. The surge in cannabis use, both recreationally and medically, is fueli...

Best Cannabis Stocks To Watch End Of February Do you intend to invest in 2023’s top US marijuana stocks ? When federal cannabis legalization fails on Capitol Hill in 2022, top cannabis companies may experience greater volatility. Day traders and swing traders usually make the great...

Though cannabis stocks have been frighteningly underperforming for the last 24 months or so, the industry itself has been expanding rapidly. If Allied Market Research's estimates are correct, the global cannabis market could reach $149 billion by 2031. As with any high-growth industry, ...

Summary Cannabis stocks are really cheap, but Alan Brochstein is worried about 3 things. Thoughts on Cresco/Columbia Care deal. Sector debt and optimal cannabis investing metrics. Canadian and US operators. Concerns around MSOS; limitations of ETFs. Why Alan's 19% in cash. ...

Are You Watching These Marijuana Stocks 2023? Many marijuana stocks are still fighting to reach higher trading levels. This past year a good amount of cannabis stock investors were setting themselves up for 2023. Much of this past year was very volatile and unpredictable for certain share...