Cresco Labs

Cresco Labs to Become the New Leader in Cannabis with the Acquisition of Columbia Care

Retrieved on: 
Wednesday, March 23, 2022
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Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco Labs or the Company) and Columbia Care Inc. (NEO:CCHW) (CSE:CCHW) (OTCQX:CCHWF) (Columbia Care) announced today they have entered into a definitive arrangement agreement (the Arrangement Agreement) pursuant to which Cresco Labs will acquire all of the issued and outstanding shares (the Columbia Care Shares) of Columbia Care (the Transaction).

Key Points: 
  • Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco Labs or the Company) and Columbia Care Inc. (NEO:CCHW) (CSE:CCHW) (OTCQX:CCHWF) (Columbia Care) announced today they have entered into a definitive arrangement agreement (the Arrangement Agreement) pursuant to which Cresco Labs will acquire all of the issued and outstanding shares (the Columbia Care Shares) of Columbia Care (the Transaction).
  • The Transaction provides Columbia Care Shareholders with premiums per Columbia Care Share of approximately 16% based on the closing prices of the Columbia Care Shares and the Cresco Labs Shares, and (ii) 19%, based on the 20-day volume weighted average prices (VWAP) of the Columbia Care Shares and the Cresco Labs Shares, each on the CSE as of March 22, 2022.
  • The combination of Cresco Labs and Columbia Care accelerates our journey to become the leader in cannabis in a way no other potential transaction could.
  • The Columbia Care Board unanimously recommends that Columbia Care Shareholders vote in favor of the resolution to approve the Transaction.

Investor Alert - The M&A Class Action Firm is Investigating the Merger -CCHWF, EMCF, HBP, BFC, APTS, TGNA

Retrieved on: 
Saturday, March 26, 2022
Private Securities Litigation Reform Act, EMCF, APTS, Monteverde, Investment, Cresco Labs, Farmer, Philippine Council of Evangelical Churches, Ideological leanings of United States Supreme Court justices, TGNA, Securities Exchange Act of 1934, Telephone, Wood grain, HBP, Supreme, Builders hardware, United States Court of Appeals for the Ninth Circuit, Denmark Bancshares, Mergers and acquisitions, Martindale-Hubbell, Lawyer, Acquisition, Security (finance), BFC

Under the terms of the agreement, CCHWF shareholders will receive 0.5579 shares of Cresco per share they own.

Key Points: 
  • Under the terms of the agreement, CCHWF shareholders will receive 0.5579 shares of Cresco per share they own.
  • Emclaire Financial Corp. ( EMCF ), relating to its proposed merger with Farmers National Banc Corp.
  • We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.
  • Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

Cresco Labs Celebrates Milestone Opening of 50th Operating Retail Store

Retrieved on: 
Monday, March 21, 2022
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Cresco Labs Inc. (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 the grand opening of a new Sunnyside dispensary in Lady Lake, Florida.

Key Points: 
  • Cresco Labs Inc. (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 the grand opening of a new Sunnyside dispensary in Lady Lake, Florida.
  • The new store marks a milestone in Crescos nationwide retail expansion, bringing the Companys total retail footprint to 50 locations across seven states and 16 total stores in the state of Florida.
  • View the full release here: https://www.businesswire.com/news/home/20220321005293/en/
    Cresco Labs is celebrating the grand opening of its 50th company-owned retail store in Lady Lake, Florida.
  • (Photo: Business Wire)
    Our 50th store in Florida marks the achievement of a key goal established in 2021 to expand company-owned retail locations in the state, aiming for 16 dispensaries open by the anniversary of the Bluma acquisition, said Charlie Bachtell, CEO & Co-founder at Cresco Labs.

Cresco Labs Expands Brand Portfolio to Florida, Launching Expansive Product Lineup in March

Retrieved on: 
Thursday, March 17, 2022
Women, Seniors, Alternative Medicine, Men, Health, Specialty, Consumer, Retail, Melon, Syringe, Cresco Labs, Education, Good news, Patient, Health, National Energy Education Development Project, Tongue, Coconut oil, Multimedia, Knowledge, Blue Raspberry, Labs, Taffy (candy), CL, News, Mint chocolate, Sale, THC, Company, CEO, CSE, Social equity, Tincture, SEED, Drug, Pharmaceutical industry, Coffee, Supply, Lorenzo Remedi, Balm

Cresco Labs will soon expand to Florida its premium craft-quality flower brand, FloraCal Farms , and bestselling flagship brand, Cresco .

Key Points: 
  • Cresco Labs will soon expand to Florida its premium craft-quality flower brand, FloraCal Farms , and bestselling flagship brand, Cresco .
  • View the full release here: https://www.businesswire.com/news/home/20220317005317/en/
    Cresco Labs brings brand portfolio to Florida, unveiling expansive productive lineup available to medical patients in March.
  • Were proud to offer those popular brands to Florida patients for the first time, said Charlie Bachtell, CEO & Co-founder at Cresco Labs.
  • 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.

Cresco Labs to Report Fourth Quarter and Annual 2021 Financial Results on March 23, 2022

Retrieved on: 
Monday, March 7, 2022
Alternative Medicine, Other Retail, General Health, Health, Tobacco, Specialty, Retail, Other Health, Good news, Knowledge, CSE, Webcast, Company, CL, Labs, SEED, Education, National Energy Education Development Project, Cresco Labs, Social equity, Drug, Lorenzo Remedi

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 fourth quarter and year ended December 31st, 2021 on Wednesday, March 23, 2022 before the market opens.

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 that it will report financial results for the fourth quarter and year ended December 31st, 2021 on Wednesday, March 23, 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.
  • Archived access to the webcast will be available for one year on the Cresco Labs investor relations website.
  • 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.

Winners of the 2021 Controller of the Year Awards Announced

Retrieved on: 
Tuesday, February 22, 2022
Controller, CFOS, American Automatic Control Council, Interview, Year, The National Control Commission for the Protection of Personal Data, CPE, Seal, Academy Awards, Ernst & Young Entrepreneur of the Year Award, Cresco Labs, Vocational school, Management

Finally, from the category winners above, a 2021 National Controller of the Year was selected based on the same criteria: Brenna Albert, Cresco Labs.

Key Points: 
  • Finally, from the category winners above, a 2021 National Controller of the Year was selected based on the same criteria: Brenna Albert, Cresco Labs.
  • The 2021 National Controller of the Year will receive a gold-plated and engraved statuette/trophy manufactured by the makers of the Oscar Awards.
  • "Once again, Controllers and corporate finance executives proved their importance in 2021, and the Controller of the Year Awards brings much deserved recognition to these hard-working individuals," states Neil Brown, Controllers Council Executive Director.
  • Controllers Council produces the annual Controller of the Year Awards, Peer Roundtables, and the Seal of Approval program.

Cresco Labs Announces Social Justice Documentary to Premiere at Santa Barbara International Film Festival & South by Southwest

Retrieved on: 
Friday, February 11, 2022
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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 the Clio Award-winning documentary short film, The Sentence of Michael Thompson, will have its world premiere on March 9 at the Santa Barbara International Film Festival (SBIFF) and screen March 13 through 17 at the South by Southwest (SXSW) film festival.

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 the Clio Award-winning documentary short film, The Sentence of Michael Thompson, will have its world premiere on March 9 at the Santa Barbara International Film Festival (SBIFF) and screen March 13 through 17 at the South by Southwest (SXSW) film festival.
  • The Sentence of Michael Thompson is the first documentary short film on the topic of social justice, criminal justice reform and cannabis decriminalization, and the first social justice-focused documentary produced by a cannabis brand (Cresco), to debut at both acclaimed global and U.S. film festivals held in Santa Barbara, Calif. and Austin, Texas, respectively.
  • View the full release here: https://www.businesswire.com/news/home/20220211005147/en/
    The Clio Award Winning Documentary short film, "The Sentence of Michael Thompson", will have its world premiere at the Santa Barbara International Film Festival and screen at the South by Southwest Film Festival (Photo: Business Wire)
    It is humbling and an honor to have the opportunity to help share Michael Thompsons story through such prestigious film festivals like SBIFF and SXSW, said Chima Enyia, EVP of SEED at Cresco Labs.
  • For more information about Cresco Labs social equity, social justice, education and workforce development initiative, SEEDTM, visit CrescoLabs.com/SEED .

Cresco Labs Announces 15th Florida Sunnyside Store Opening in North Miami

Retrieved on: 
Monday, February 7, 2022
Alternative Medicine, Retail, Health, Other Retail, Tobacco, Specialty, Private Securities Litigation Reform Act, Cresco, Multimedia, CSE, State, Company, Labs, Fern Park, Florida, Knowledge, Patient, SEED, CEO, National Energy Education Development Project, CL, Cresco Labs, Legislation, Nature, Good news, Education, Social equity, Drug, Lorenzo Remedi

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, announced today the opening of a new Sunnyside dispensary in North Miami, Florida.

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, announced today the opening of a new Sunnyside dispensary in North Miami, Florida.
  • Sunnyside North Miami, located at 505 NE 125th St., is Cresco Labs first location in Miami-Dade County, 15th store in Florida and 49th dispensary nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20220207005284/en/
    Sunnyside North Miami is Cresco Labs first store in Miami-Dade County, 15th location in Florida and 49th dispensary nationwide.
  • (Photo: Business Wire)
    Were thrilled to welcome North Miami patients to Sunnysides retail experience for the first time, said Charlie Bachtell, CEO and Co-founder of Cresco Labs.

Cresco Labs Announces Launch of Khalifa Kush Products at Cookies Dispensaries Throughout California

Retrieved on: 
Friday, January 28, 2022
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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 flower and pre-rolls from Khalifa Kush are available for sale at Cookies stores throughout California.

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 flower and pre-rolls from Khalifa Kush are available for sale at Cookies stores throughout California.
  • View the full release here: https://www.businesswire.com/news/home/20220128005052/en/
    Through a cultivation & product collaboration partnership with Cresco Labs FloraCal Farms and Continuum, flower and pre-rolls from Khalifa Kush are now for sale at Cookies stores throughout California.
  • "We're excited to launch Khalifa Kush in California with Cresco Labs; we've been working for years on this project."
  • Khalifa Kush products were first commercialized in the U.S. in 2015 by global icon Wiz Khalifa.

Cresco Labs Expands Sunnyside in Florida’s Gulf Coast With New Clearwater Dispensary

Retrieved on: 
Thursday, January 27, 2022
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Cresco Labs expects to open a new Sunnyside in N. Miami (505 NE 125th St.) by the end of February, pending city approval.

Key Points: 
  • Cresco Labs expects to open a new Sunnyside in N. Miami (505 NE 125th St.) by the end of February, pending city approval.
  • View the full release here: https://www.businesswire.com/news/home/20220127005139/en/
    Cresco Labs opened a new Clearwater, Florida store, its 48th dispensary in the U.S. (Photo: Business Wire)
    Since entering Florida in April 2021, weve expanded patient access across Florida.
  • It has been great seeing the reception to our Sunnyside dispensaries and we look forward to launching Cresco Labs portfolio of products shortly, said Charlie Bachtell, CEO & Co-founder at Cresco Labs.
  • 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.