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Cannabis Market Competition Heats Up In Florida: Cresco Expands Portfolio As Legalization Looms
Thursday, September 21, 2023 - 8:54am | 664Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) is expanding its cannabis brand portfolio in the Sunshine State to include the FloraCal and Cresco brands. The Chicago-based company will roll out FloraCal flower, pre-rolls, live rosin concentrates and live rosin chews as well as Cresco flower...
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Earnings Roundup: GrowGen, Charlotte's Web, Vireo, Aleafia, Cresco
Thursday, March 25, 2021 - 1:15pm | 1109GrowGen Achieves Record Revenues GrowGeneration Corp. (NASDAQ: GRWG) reported record full-year revenues of $193 million compared to $79.7 million in 2019, representing an increase of 143%. In 2020, adjusted EBITDA was $19.2 million versus $5.3 million in 2019. 2020 GAAP pre-tax net income...
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High Times Enters Illinois With People's Choice Cannabis Cup
Friday, October 2, 2020 - 1:14pm | 304Cannabis Cup creator High Times revealed Friday the winners of its inaugural People's Choice event, held in Illinois. The winners of the cannabis judging competition are Bhang, Columbia Care, Verano, Bedford Grow, Aeriz, Cresco, Rythm, Grassroots Cannabis, PharmaCann, Incredibles...
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Cresco Labs To Open Naperville Store, 10th Location In Illinois
Tuesday, September 22, 2020 - 1:42pm | 316Multistate cannabis operator Cresco Labs (CSE: CL) (OTCQX: CRLBF) received Illinois state approval to open up a tenth dispensary in the Prairie State. The adult-use dispensary is located in Naperville, which the company says is one of the busiest...
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Cannabis Movers & Shakers: Target Capital, Folium, New Wave, Curaleaf, Cresco, Vibe, 22nd Century Group
Friday, September 18, 2020 - 8:45am | 1239Here’s the summary of the latest corporate shake-ups in the cannabis industry. Target Capital Names 2 Directors Target Capital Inc. — doing business as CBi2 Capital — named enlisted Ron Hozjan and Theo Zunich as directors. Hozjan spent more than two decades as a senior...
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Cannabis Investors On Accessing Capital Through Alternative Methods: 'Sale-Leasebacks Are Very Real'
Monday, June 1, 2020 - 4:23pm | 730Accessing capital through traditional methods like equity or debt financing has become increasingly difficult for cannabis businesses. On Monday, a panel of experts gathered online at the Benzinga Virtual Cannabis Capital Conference to discuss alternative solutions to accessing capital and...