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Illinois' Cannabis Sales Surpass $1B By July, Setting New Record
Friday, July 12, 2024 - 10:10am | 656Illinois’ retail cannabis market reached a major milestone earlier than anticipated, with sales surpassing $1 billion by July, as announced by Governor JB Pritzker‘s office. This early achievement includes over $850 million in adult-use cannabis sales and nearly $150 million in medical...
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These States Could Go Fully Legal Soon & This Cannabis Company Could Win Big: A Top Stock Pick Trading Below Peers
Wednesday, June 12, 2024 - 9:37pm | 1075Among the top 5 multi-state operators (MSOs) in the cannabis industry is Cresco Labs (OTC: CRLBF), with a significant presence in states like Ohio, Pennsylvania and Florida. According to a report from Pablo Zuanic of Zuanic & Associates, among the top 5 MSOs, Cresco has the strongest brand...
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It's A Matter Of When: Cresco Labs CEO Forecasts Cannabis Rescheduling And Industry Reform
Tuesday, April 16, 2024 - 7:19pm | 510At the Benzinga Cannabis Capital Conference in Florida, Cresco Labs' (OTCQX: CRLBF) CEO Charlie Bachtell shared optimistic views on cannabis rescheduling, emphasizing the importance of the process it's undergoing. "This is going through the process it needs to... it's a...
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High Capex, High Rewards: Analyst Looks At Cannabis MSOs' Strategies
Wednesday, October 18, 2023 - 3:16pm | 1244As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures (capex) by cannabis MSOs (Multi-State Operators) become paramount for their future success. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...
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Decoding The Cannabist Company's Brand Metamorphosis From Columbia Care, Panel At Benzinga Cannabis Conference
Tuesday, October 10, 2023 - 5:22pm | 1106“Well, there was nothing wrong here,” began Jesse Channon, chief commercial officer at The Cannabist Company Holdings Inc (OTC: CCHWF), addressing its recent rebrand from Columbia Care Inc. At the September Benzinga Cannabis Capital Conference in Chicago, Channon sat with T.L...
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EXCLUSIVE: How Federal Cannabis Reclassification Could Transform Business Finances, Insights From Cresco Labs' CEO
Tuesday, September 5, 2023 - 4:31pm | 780"It's a watershed moment for cannabis," declared Charlie Batchell, the CEO and co-founder of Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF), during an illuminating conversation with Aaron Bry, a content producer at Benzinga. The two discussed the potentially groundbreaking reclassification...
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Cannabis Deal Stalls Due To Regulatory Hurdle: What's Next For Cresco, Columbia Care?
Sunday, July 2, 2023 - 1:59pm | 327Cannabis companies Cresco Labs (OTC: CRLBF) and Columbia Care (OTC: CCHWF) will not be able to finalize their proposed multibillion-dollar merger due to regulatory hurdles. The Chicago-based companies failed to meet the June 30 deadline set in their agreement. They are now working together to...
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This Psychiatrist Says Cannabis Is A Minor-League Psychedelic & Undervalued Investment Opportunity
Thursday, April 6, 2023 - 10:17am | 840Cannabis is a psychedelic that belongs to the group of mind-manifesting substances, according to Dr. Julie Holland. "When you get high on cannabis, you can see your thoughts differently, and it can give you a bigger perspective on life," she said in an interview with Rena Sherbill...
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As Instagram Bans Curaleaf's Main Account, Will Twitter Step In To Fill The Social Media Void For Cannabis?
Wednesday, March 29, 2023 - 4:20pm | 752Instagram has reportedly banned Curaleaf Holdings Inc.'s (OTCQX: CURLF) primary active account, citing a breach of its community guidelines. "Per a source familiar with the decision, Instagram banned @Curaleaf_Inc's main active account within the past hour," recently tweeted...
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Cresco-Columbia Deal Expected To Be Finalized By End Of Q1, Analyst Looks At The Details
Monday, January 9, 2023 - 6:20pm | 739Cantor Fitzgerald's Pablo Zuanic took a close look at the scenarios and permutations of the Cresco/Columbia Care deal. Cresco announced it was acquiring its rival Columbia Care for $2.1 billion in March 2022. Once the deal is finalized, Cresco Labs will become the largest...
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Columbia Care Announces Approval Of Business Combination With Cresco Labs At Special Meeting Of Shareholders
Friday, July 8, 2022 - 2:30pm | 342Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) announced that the proposed business combination with Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) was approved at its special shareholders' meeting. Columbia Care Inc. shareholders voted in favor of a special...
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Cresco Acquires Bluma For $213M, Extends 'Strategic Footprint' To Florida Market
Thursday, January 14, 2021 - 12:44pm | 363Cannabis company Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) is poised to take over Florida-based Bluma Wellness Inc. (CSE: BWEL.U) (OTCQX: BMWLF) in an all-share transaction worth $213 million. The Chicago-based company agreed to acquire all Bluma’s issued and outstanding shares,...