Cresco Labs

Educators Combine to Create Cannabis Coalition to Strengthen Cannabis Education

Retrieved on: 
Tuesday, April 11, 2023

CLEVELAND, April 11, 2023 /PRNewswire/ -- Several cannabis institutions, programs and educators have joined forces to create The National Association for Marijuana and Cannabis Educators (NAMCE)- a nonprofit organization geared towards strengthening the quality and standards of cannabis educators to drive safer outcomes for consumers and support employment within the industry.

Key Points: 
  • CLEVELAND, April 11, 2023 /PRNewswire/ -- Several cannabis institutions, programs and educators have joined forces to create The National Association for Marijuana and Cannabis Educators (NAMCE)- a nonprofit organization geared towards strengthening the quality and standards of cannabis educators to drive safer outcomes for consumers and support employment within the industry.
  • "MM411 appreciates NAMCE's support of common sense education standards that promote consistency and safety within the industry," says Chris DeVol of Medical Marijuana 411, a global cannabis education platform.
  • Led by interim Director Michael Fields, NAMCE's core team and founding education partners will focus their early efforts around:
    Reinforcing industry standards for cannabis education that lead to employment pathways.
  • We as educators and trainers should understand that we can't create these standards in a vacuum or allow opportunistic companies to pop up and call themselves cannabis educators if we are serious about industry sustainability," says Russell.

Cresco Labs Announces Fourth Quarter & Full Year 2022 Results

Retrieved on: 
Thursday, March 16, 2023

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), a vertically integrated, multi-state operator and the No.

Key Points: 
  • Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), a vertically integrated, multi-state operator and the No.
  • 1 producer of branded cannabis products in the industry, today released its financial results for the quarter and year ended December 31, 2022.
  • “I want to congratulate the Cresco Labs team on how well they tackled the challenges of 2022.
  • None of the challenges of 2022 change the long-term thesis and opportunity that is cannabis,” said Charles Bachtell, CEO and Co-founder of Cresco Labs.

Cresco Labs Continues Florida Expansion with Two New Store Openings

Retrieved on: 
Wednesday, March 8, 2023

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.

Key Points: 
  • Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.
  • 1 U.S. wholesaler of branded products, today announced its Florida retail footprint has grown to 28 total dispensaries with today’s store openings in Palm Harbor and Lake Worth.
  • View the full release here: https://www.businesswire.com/news/home/20230308005321/en/
    Cresco Labs opened new stores in Palm Harbor and Lake Worth, bringing the company’s Florida footprint to 28 dispensaries.
  • In addition to this store, Cresco has two stores in Clearwater and Saint Petersburg serving the one million residents in Pinellas County.

Cresco Labs Celebrates New Sunnyside Dispensary Opening in South Orlando, Florida

Retrieved on: 
Thursday, March 2, 2023

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.

Key Points: 
  • Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.
  • 1 U.S. wholesaler of branded products, today announced it opened its fourth Sunnyside dispensary in the greater Orlando, Florida region.
  • Sunnyside South Orlando is located at 2051 Town Center Blvd.
  • View the full release here: https://www.businesswire.com/news/home/20230302005356/en/
    Cresco Labs opened its newest Florida dispensary in South Orlando.

Cresco Labs Reaches 60 Nationwide Dispensaries with the Opening of Two Florida Stores

Retrieved on: 
Tuesday, February 28, 2023

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.

Key Points: 
  • Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.
  • 1 U.S. wholesaler of branded products, today announced its nationwide retail footprint hit 60 operating Sunnyside dispensaries through the opening of its newest stores in West Palm Beach and Winter Park, Florida.
  • These new stores expand Cresco’s Florida retail footprint to 25 dispensaries.
  • View the full release here: https://www.businesswire.com/news/home/20230228005645/en/
    Cresco Labs grows its nationwide retail footprint to 60 dispensaries with recent West Palm Beach and Winter Park, Florida store openings.

Columbia Care and Cresco Labs Mutually Extend Acquisition Closing Timeline

Retrieved on: 
Monday, February 27, 2023

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it has mutually agreed with Cresco Labs (CSE: CL) (OTCQX: CRLBF) (“Cresco Labs” and together with Columbia Care, the “Companies”) to extend the outside date to complete the proposed acquisition by Cresco Labs of Columbia Care from March 31, 2023 to June 30, 2023.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it has mutually agreed with Cresco Labs (CSE: CL) (OTCQX: CRLBF) (“Cresco Labs” and together with Columbia Care, the “Companies”) to extend the outside date to complete the proposed acquisition by Cresco Labs of Columbia Care from March 31, 2023 to June 30, 2023.
  • The extension will allow the Companies additional time to finalize divestiture agreements and obtain the regulatory approvals required to close.
  • These efforts will enable the combined company to leverage Columbia Care’s leading retail footprint while maintaining Cresco’s wholesale leadership.
  • We are grateful to the entire Columbia Care team for their ongoing commitment to driving our business forward in advance of the merger,” said Nicholas Vita, CEO of Columbia Care.

Cresco Labs and Columbia Care Mutually Extend Acquisition Closing Timeline

Retrieved on: 
Monday, February 27, 2023

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 it has mutually agreed with Columbia Care Inc. (NEO:CCHW) (CSE:CCHW) (OTCQX:CCHWF) (“Columbia Care” and together with Cresco Labs, the “Companies”) to extend the outside date to complete the proposed acquisition by Cresco of Columbia Care from March 31, 2023 to June 30, 2023.

Key Points: 
  • 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 it has mutually agreed with Columbia Care Inc. (NEO:CCHW) (CSE:CCHW) (OTCQX:CCHWF) (“Columbia Care” and together with Cresco Labs, the “Companies”) to extend the outside date to complete the proposed acquisition by Cresco of Columbia Care from March 31, 2023 to June 30, 2023.
  • “We are making good progress on the remaining divestitures and moving closer to completing the Columbia Care Acquisition.
  • Given the current divestiture and regulatory approvals timeline, we now expect closing to occur sometime before the end of June 2023,” said Charles Bachtell, CEO and Co-founder of Cresco Labs.
  • Archived access to the webcast will be available for one year on the Cresco Labs investor relations website.

Cresco Labs Opens New Sunnyside Dispensary in Daytona Beach, Florida

Retrieved on: 
Monday, February 13, 2023

1 U.S. wholesaler of branded products, today announced it has opened its newest Sunnyside dispensary in Daytona Beach, Florida, at 2110 W. International Speedway Blvd.

Key Points: 
  • 1 U.S. wholesaler of branded products, today announced it has opened its newest Sunnyside dispensary in Daytona Beach, Florida, at 2110 W. International Speedway Blvd.
  • Sunnyside Daytona Beach marks the Company’s 23rd dispensary in the state and 58th nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20230213005151/en/
    Cresco Labs opened its first Sunnyside dispensary in Daytona Beach, Florida.
  • We’re excited to open our first store in Daytona Beach and look forward to serving its patient community.”
    Sunnyside Daytona Beach will offer a wide assortment of cannabis products from Cresco Labs’ branded portfolio that includes Cresco, One Plant, Supply (High Supply), Good News, Remedi and Sunnyside.

Cresco Labs Expands Sunnyside in Pennsylvania with 11th New Store

Retrieved on: 
Wednesday, February 8, 2023

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.

Key Points: 
  • Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No.
  • View the full release here: https://www.businesswire.com/news/home/20230208005151/en/
    Cresco Labs opened its 11th Pennsylvania dispensary in Erie under its Sunnyside brand.
  • (Photo: Business Wire)
    “We’re thrilled to build on our retail and wholesale success in Pennsylvania by expanding the Sunnyside brand in northern Pennsylvania,” said Charles Bachtell, Cresco Labs’ CEO & Co-Founder.
  • Cresco Labs operates 11 Sunnyside stores in Pennsylvania: Butler, Philadelphia (Chestnut St. and City Ave.), New Kensington, Pittsburgh, Wyomissing, Ambler, Lancaster, Phoenixville, Montgomeryville and Erie.

Cresco Labs Welcomes Patients to 22nd Sunnyside Dispensary in Florida

Retrieved on: 
Wednesday, January 25, 2023

1 U.S. wholesaler of branded products, today announced the opening of a new Sunnyside dispensary in Lutz, Florida.

Key Points: 
  • 1 U.S. wholesaler of branded products, today announced the opening of a new Sunnyside dispensary in Lutz, Florida.
  • The new store is Cresco Labs’ 22nd dispensary in Florida and 56th dispensary nationwide.
  • (Photo: Business Wire)
    “We are pleased to expand the reach of Sunnyside and Cresco Labs’ leading portfolio of products to another group of patients residing in the Tampa region,” said Charles Bachtell, Cresco Labs’ CEO & Co-Founder.
  • The store offers a variety of cannabis products from Cresco Labs’ branded portfolio that includes Cresco, One Plant, Supply, Good News, Remedi and Sunnyside.