Tag: CBT > Cresco Labs

Ohio

Cresco Labs Opens 6th Ohio Dispensary, Sunnyside Proctorville

The cannabis company’s latest retail facility is the first of three new stores it plans to open in the Buckeye State over the coming months.

September 16, 2025

Finance

Cresco Labs Closes $325 Million Senior Secured Term Loan Refinancing

The transaction extends the loan’s maturity to 2030, strengthening the company’s balance sheet and positioning it for growth.

August 14, 2025

Finance

Cresco Labs Reports $164M in Q2 Revenue

The multistate cannabis operator’s debt refinancing strengthens its foundation for long-term value creation.

August 7, 2025

California

Cresco Labs Exiting California Cannabis Market

The company is divesting its cultivation and manufacturing assets, as well as certain distribution operations, as part of a strategic restructuring plan.

July 21, 2025

Finance

Cresco Labs Delivers $30 Million in Q1 Operating Cash Flow

The cannabis company also reported $166 million in first-quarter revenue with ‘flexibility and financial strength’ to start the year.

May 30, 2025

Dispensary

Cresco Labs Opens New Sunnyside Dispensary in Pennsylvania

The medical cannabis retail facility in Beaver Falls is the company’s 16th location in the state.

May 28, 2025

Kentucky

Cresco Labs to Operate Kentucky’s Largest Medical Cannabis Cultivation License

The cannabis company will manage a facility with up to 25,000 square feet of canopy as one of two operators with a Tier 3 license.

March 10, 2025

Finance

Cresco Labs Reports Success of Cash Flow, Focused Strategy With Q3 Financial Results

The cannabis company had a quarterly operating cash flow of $49 and a year-to-date operating cash flow of $103 million, an increase of 66%.

November 8, 2024

Top Stories

Florida’s Cannabis Legalization Measure Fails Despite Majority Support

The Sunshine State’s voters had 56% support for Amendment 3, falling short of the 60% supermajority threshold for the ballot measure to pass.

November 6, 2024

Florida

Support for Florida Cannabis Legalization Measure Eclipses $100 Million

Behind Trulieve’s contributions, Amendment 3 backers are outraising their opponents, 5 to 1, in the nation’s most well-funded legalization campaign.

September 23, 2024

Finance

Cresco Labs Determines IRS Section 280E Not Applicable to its Business

The company reported an improvement of more than 800 basis points year-over-year in its adjusted EBITDA margin for the second quarter of 2024.

August 8, 2024

Ohio

Ohio Issues 1st Batch of Adult-Use Cannabis Certificates, Igniting the Market

The state’s regulators approved certificates of operation for four cultivators and six processors, officially allowing them to supply the adult-use market.

July 19, 2024