ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Sign Up

Already a member? Sign in

Interactive Brokers

Interactive Brokers
Market Data
News
Trading Tools
Markets
Discover

Hot Features

Follow Feed

Connect with traders and investors in our Follow Feed community.

Options Flow

Explore comprehensive options data and use advanced filters with Options Flow.

Monitor

Organize and monitor your stock and asset watchlist with Monitor.
Sign In Premium IconPremium Help Menu
S&P 500
4,987.74
-0.47%
US Tech 100
16,725.20
-1.25%
Dow Jones
37,934.62
0.42%
Brent Oil
86.725
0.36%
Bitcoin
64,448.76
1.48%
Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Get Started
  1. Home
  2. Investing
  3. Stocks
  4. USA
  5. USOTC
  6. Cresco Labs Inc (QX) (CRLBF)

  7. Cresco Labs Inc (QX) (CRLBF) News

Cresco Labs Inc (QX)

Cresco Labs Inc (QX) (CRLBF)

USOTC
2.12
0.02
( 0.95% )
Updated: 11:42:12
Delayed by 15 minutes

Get an advanced news scanner tailored to your needs by ADVFN

Enhance your trading experience

CRLBF News

Official News Only

CRLBF Discussion

View Posts
$5.95akadawson-m $5.95akadawson-m 2 days ago
Oh that's big big news. Like we haven't seen the shakeouts before?
👍️0
Clonemaster Clonemaster 2 days ago
BIG SHAKEOUT COMING
👍️0
Ultimate Weapon Ultimate Weapon 1 week ago
Righteous interview indeed ....
Very smart and the Kind of Advocate BOTH Parties need for Advancement of this Sector .
thanks for the Recommendation .
👍️0
Bazwar6 Bazwar6 2 weeks ago
I recommend going to YouTube and searching trade to Black interview with Nancy Mace.

She is well informed on cannabis. A great advocate for our cause.

It might be the best politician I've ever heard in an interview.
👍️ 1
hyborianwar hyborianwar 3 weeks ago
load
👍️0
BackTheTruckUp BackTheTruckUp 1 month ago
Cresco could potentially be going to $50 / share. Doubters get proven wrong all the time. Remember what TL#Y did years ago? Went to $250 then back down probably because it was too soon before MJ rescheduling and banking reform. The time is now. Rescheduling is coming. So, BackTheTruckUp and load up on Cresco maybe, before the truck leaves the loading zone. Just press that Green buy button. You know you want to. 71 dispensaries in 6 states so far I think.
👍️0
Bazwar6 Bazwar6 2 months ago
https://www.marketbeat.com/instant-alerts/otcmkts-crlbf-options-data-report-2024-03-03/
👍️0
make it happen make it happen 3 months ago
All retailers and some semi conductors will flood into cannabis. Ie. Abercrombie & Fitch Lululemons, just to name a couple retailers imho

Feel these names are going to heavy sell for re-balancing/profiting for books (underway past month). Upwards of 500% in a year
👍️0
retired early retired early 5 months ago
It's all about sales and with things opening up, hoping for a turn around in financials :)
👍️0
Green Pharms Green Pharms 5 months ago
Big money coming in
👍️0
Nelson2 Nelson2 5 months ago
Cresco big player in Ohio where recreational weed voted in!
Let’s goooooooo!

GLTA
👍️0
Sanibel Island Sanibel Island 7 months ago
Tim Seymour is recommending US msos but says safe banking further down the road . Seymour recommends TSX listings that have nasdaq listings, HITI . See Tim on YouTube he is a leader on the industry HITide continues up with his recommendation
👍️ 1
-Kush- -Kush- 7 months ago
Heating up, plenty of catalysts on the horizon.
$CL
$CRLBF
👍️0
$5.95akadawson-m $5.95akadawson-m 7 months ago
2 weeks ago the stock price was $1.05!
👍️0
cootcat cootcat 8 months ago
I like, to see every CRLBF share buy some CCHWF shares. Making CRLBF share hold a force in CCHWF
👍️0
retired early retired early 8 months ago
OK who' got the match? :)
👍️0
JohnCM JohnCM 11 months ago
Looking good!
👍️0
retired early retired early 11 months ago
Cresco start your engines. :)
👍️0
KingOfSwing...Trading KingOfSwing...Trading 12 months ago
I like the sound of that!
👍️0
abrooklyn abrooklyn 12 months ago
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021

https://www.otcmarkets.com/otcapi/company/financial-report/362380/content



👍️0
$5.95akadawson-m $5.95akadawson-m 12 months ago
Or maybe the fusion of Columbia Care into Cresco
👍️0
cardvic cardvic 12 months ago
Don't get me wrong. I hope this is the beginning of the cannabis comeback.
👍️0
$5.95akadawson-m $5.95akadawson-m 12 months ago
:))
👍️0
retired early retired early 12 months ago
Pin drop :)
👍️0
retired early retired early 1 year ago
The Debby downer is spreading his wings. :)
👍️0
BackTheTruckUp BackTheTruckUp 1 year ago
:)
👍️0
$5.95akadawson-m $5.95akadawson-m 1 year ago
How many mj boards have you posted that same sentence?
👍️0
cardvic cardvic 1 year ago
Cannabis stocks continue their march to oblivion, courtesy of shorty, with no end in sight. Anyone waiting for politicians to save them better head for the life rafts.
👍️0
Ultimate Weapon Ultimate Weapon 1 year ago
Politicians takin us to the wood shed......
👍️0
$5.95akadawson-m $5.95akadawson-m 1 year ago
I've been saying the same thing; however, every MSO has gone down precipitously in the past week. Now that NO bill will be passed for banking measures for mj companies, we tread water as usual.
👍️0
treedoc treedoc 1 year ago
Holy smokes! What happened here?
👍️0
retired early retired early 1 year ago
Times changing for Cresco. :)
👍️0
StockLogistics StockLogistics 1 year ago
Too much debt too many shares :

“As of September 30, 2022, current assets were $355 million, including cash and cash equivalents of $130 million. The Company had working capital of $85 million and senior secured term loan debt, net of discount and issuance costs, of $380 million.Total shares on a fully converted basis were 437,484,245 as of September 30, 2022.”
👍️0
nickwill69 nickwill69 1 year ago
up a dollar a share since you posted this.
👍️0
nickwill69 nickwill69 1 year ago
wow
👍️0
Ronin Ronin 2 years ago
Which bill? Which committee?

I just read where Schumer's bill got shot down in Senate but they have another in the wings before the upcoming election that has bipartisan agreement to allow pharmas to expand research on marijuana

https://www.marijuanamoment.net/schumer-touts-senate-marijuana-research-bill-among-historic-progress-under-biden-as-legalization-measure-lingers/

According to Sen. Cory Booker (D-NJ), a prime sponsor of CAOA, recently said that the so-called “SAFE Banking Plus” bill that’s in the works would likely be filed following the elections during the lame duck session.

In the meantime, Senate Democrats have the bipartisan marijuana research bill as the main example of cannabis reform progress since President Joe Biden took office and Democrats reclaimed the majority in the Senate.

That specific legislation hasn’t been enacted into law, though. But there are hopes that a slightly revised version that was introduced last month could reach the president’s desk in due time. It already cleared the House just days after its filing, and sources say the Senate is expected to act shortly.
👍️0
StockLogistics StockLogistics 2 years ago
2.41 intraday gap fill by Thursday imo charts look good after that, legalization passed committee
👍️0
Nelson2 Nelson2 2 years ago
And this

“Toronto, Ontario--(Newsfile Corp. - Le 20 septembre/September 2022) - Cresco Labs Inc - Subordinate Voting Share Purchase Warrants listed on September 24, 2019 will expire on September 24, 2022.
Settlement Terms: All trades September 21 and 22 will settle for cash next day. Trades on September 23 will be for cash same day.
The warrants will be halted at noon and delisted at market close September 23, 2022.
👍️0
Nelson2 Nelson2 2 years ago
Read this on Yahoo

“The answer is in the wt it stands for warrant … those are old warrants that were listed and sold . If you had one and they didn’t settle in the money then they get trashed .. think of it as a lottery ticket .. you buy that particular type of stock hoping the price shoots up . If it does the warrant type stocks have a contract of execution agreement hooked to them . It states you can buy a stock for a cheaper price. ( if the regular stock market raised past the warrant price) by exchanging the warrant for a set price … if it finishes too low then it isn’t worth exchanging and you toss it away”
👍️0
nunaka nunaka 2 years ago
Thanks for the input.
👍️0
nsomniyak nsomniyak 2 years ago
Could be they are just dropping the Canadian listing to become exclusively US listed?

I believe that is a precondition for an uplist to NASDAQ and therefore I suspect this is a good thing.
👍️0
nunaka nunaka 2 years ago
?????

IIROC Trading Halt - CL.WT
BY Canada NewsWire
— 12:18 PM ET 09/23/2022
VANCOUVER, BC, Sept. 23, 2022 /CNW/ - The following issues have been halted by IIROC:

Company: Cresco Labs Inc. (CRLBF)

CSE Symbol: CL.WT

All Issues: No

Reason: Pending Delisting

Halt Time (ET): 12:00 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
👍️0
hyborianwar hyborianwar 2 years ago
agreed .. i loaded 3s already to avg down
👍️0
Ronin Ronin 2 years ago
When Fed rolls back restrictions in Fall (as per Schumers new MJ deal to make everyone happy) the Cresco really soars!
👍️0
-Kush- -Kush- 2 years ago
Need uplisting, cresco will be a monster
👍️0
hyborianwar hyborianwar 2 years ago
heavily undervalued .. shorts will get smoked
👍️0
FUNMAN FUNMAN 2 years ago
Cresco Labs to Hold Second Quarter 2022 Earnings Conference Call on August 17, 2022

STOCKS Aug 2, 2022 • 6:30 AM EDT

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced that it will report financial results for the second quarter ended June 30th, 2022, on Wednesday, August 17th, 2022, before the market opens.

The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights.

Event: Cresco Labs Second Quarter 2022 Earnings Conference Call
Date: Wednesday, August 17th, 2022
Time: 8:30am EST
Webcast: Link
Dial-in: 1-844-200-6205 (US Toll Free), 1-833-950-0062 (Canada Toll Free), 1-646-904-5544 (US Local), +1 929-526-1599 (Other)
Access Code: 035060

Archived access to the webcast will be available for one year on the Cresco Labs investor relations website.

About Cresco Labs Inc.

Cresco Labs is one of the largest vertically integrated multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Employing a consumer-packaged goods (“CPG”) approach, Cresco Labs is the largest wholesaler of branded cannabis products in the U.S. Its brands are designed to meet the needs of all consumer segments and comprised of some of the most recognized and trusted national brands including Cresco, High Supply, Mindy’s Edibles, Good News, Remedi, Wonder Wellness Co. and FloraCal Farms. Sunnyside, Cresco Labs’ national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs operates the industry’s largest Social Equity and Educational Development initiative, SEED, which was established to ensure that all members of society have the skills, knowledge and opportunity to work and own businesses in the cannabis industry. Learn more about Cresco Labs at www.crescolabs.com.



View source version on businesswire.com: https://www.businesswire.com/news/home/20220801005267/en/

Media:
Jason Erkes, Cresco Labs
Chief Communications Officer
press@crescolabs.com

Investors:
investors@crescolabs.com

For general Cresco Labs inquiries:
312-929-0993
info@crescolabs.com

Source: Cresco Labs Inc.
👍️0
retired early retired early 2 years ago
Passing with a vote of 220-204, the MORE Act does not have overwhelming bipartisan support, with only 3 Republican representatives backing the bill.
👍️0
retired early retired early 2 years ago
Company reports 20% year-over-year revenue growth and 45% year-over-year adjusted EBITDA(1) growth -- and continues industry leadership in branded wholesale and retail productivity :)
👍️0
Nelson2 Nelson2 2 years ago
Here you go boyz!

“First Quarter 2022 Financial Highlights
First quarter revenue of $214 million, up 20% year-over-year
Gross profit excluding fair value mark-up for acquired inventory of $113 million, or 53% of revenue, an increase of 29% year-over-year
First quarter adjusted EBITDA1 of $51 million, or 24% of revenue, an increase of 45% year-over-year
Wholesale revenue of $95 million, maintained position as #1 seller of branded cannabis products in U.S. with leading share in the flower, concentrates, and vape categories
Retail revenue increased 44% year-over-year, to $119 million, or $2.5 million per average store open in the quarter and same-store-sales increased 9% year-over-year
Ended the quarter with $179 million of cash on hand
Opened four new retail stores, three in Florida and one in Pennsylvania, bringing the Company’s total retail footprint to 50
Launched branded product portfolio in Florida, including High Supply®, Good News®, Remedi™ and Sunnyside* Chews”
👍️0

Your Recent History

USOTC
CRLBF
Cresco Labs (QX)
Delayed Upgrade Clock
ADVFN Logo

United States
Company
Business
Popular
Get The App

Support: 1-888-992-3836 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

© 2024 ADVFN PLC - All Rights Reserved