Cresco Labs Stock Down Despite Chicago Zoning Approval
Cresco Labs stock is in the red today despite the company announcing that the Zoning Board of Appeals granted special use approval for a dispensary located in the prestigious River North neighborhood of Chicago. Coronavirus ... [Read]
Cresco Stock Tanks as President Leaves the Company
Cresco stock tanked this morning after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) said that the company's President, Joe Caltabiano, is leaving the cannabis firm. Major Setback A lot is happening at the executive level of many ... [Read]
Cresco Stock Drops Despite Opening First New York Sunnyside Stores
Cresco stock is in the red today despite Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) announcing the opening of its first four dispensaries in New York under the Sunnyside brand. First East Coast Stores The stores in ... [Read]
Cresco Labs Stock Drops Despite Naming New Marketing Chief
Cresco Labs stock is down slightly despite the company announcing the high profile appointment of Greg Butler as its first Chief Commercial Officer. Wealth of Experience Butler joins Cresco Labs (CSE:CL) (OTCQX:CRLBF) with a wealth ... [Read]
Cresco Labs Stock Drops Despite Completing Hope Heal Health Deal
Cresco Labs stock is in the red on Monday despite the company announcing that it had completed its acquisition of Massachusetts-based cannabis cultivator and retailer Hope Heal Health, Inc. Cresco Continues Massachusetts Expansion Cresco Labs ... [Read]
Cresco Labs Stock Recovers After Announcing Closing of Credit Facility
Cresco Labs stock is on the up and up today after dropping earlier in the week following an announcement that the company had closed US$100 million credit facility. Financing Terms Cresco Labs (CSE:CL) (OTCQX:CRLBF) announced ... [Read]
Cresco Labs Stock Drops After Securing Up to $200 Million Loan
Cresco Labs stock is in the red this week after the Chicago-based cannabis firm announced that it had secured US$200 million in debt financing from a consortium of lenders. Financing Terms Cresco Labs Inc (CSE:CL) ... [Read]
Cresco Stock Jumps After Securing $100M in Senior Term Loan
Cresco stock is moving higher in the early session on Thursday after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) secured a term loan agreement for an initial sum of $100 million with an option to borrow up ... [Read]
Cresco Stock Jumps Again on $50 Million Funding
Cresco stock continues to gain for the sixth straight session after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) announced that it has raised $50 million in a sale-and-leaseback deal of its Lincoln, Illinois facility with GreenAcreage Real ... [Read]
Cresco Stock Soars After First Harvest from Illinois Cultivation Facility
Cresco stock continues to move higher for the second straight session after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) announced the completion of its first harvest from its expanded cultivation facility in Lincoln, IL. Moving in Right ... [Read]