Cresco Labs is a strong target for cannabis investors

Posted by - August 18, 2022

The cannabis company almost met its revenue forecast for the second quarter Making hasty decisions can lead to an undesirable outcome. But when it comes to investing in marijuana stocks, especially Cresco Labs, it’s really a no-brainer. The company seems to have bright future plans that will undoubtedly position it among one of the most

Cresco Labs adds new Illinois licenses

Posted by - August 8, 2022

The cannabis MSO is gaining more ground and progressing social equity initiatives Illinois has ushered in new dispensary licenses and Cresco Labs appears to be one of the companies benefiting from this process. The new licenses issued are aimed at adult-use dispensaries. Recipients include social equity groups incubated by Cresco Labs’ SEED initiative. The vertically

This cannabis stock is a good option to survive a recession

Posted by - July 19, 2022

Cresco Labs has a strong foundation that could help it overcome a market downturn The chaotic atmosphere in the stock markets, impressively high-interest rates, and the weight of inflation have made the most pressing question for Americans whether they are in a recession. This term can be understood as a significant drop in economic activity

This growth stock could be a great alternative amid the market downturn

Posted by - July 7, 2022

Cresco Labs is a long-term investment that should pay huge dividends It is no secret that industries that are not yet profitable are difficult to trust and put money into. The marijuana sector could be a case in point, especially with a market facing incredible inflation. While that causes skepticism to grow regarding cannabis stocks,

Cresco Labs is purchasing Columbia Care in deal worth $2 billion

Posted by - March 23, 2022

Merger and acquisition activity is driving the future of the cannabis space Cresco Labs has revealed its intentions to buy Columbia Care for a sum close to $2 billion, considered one of the largest mergers in the cannabis industry so far. The deal will combine Cresco’s marijuana brands with New York-based Columbia Care’s retail footprint.

Cresco Labs expands its reach in Pennsylvania through Cure Pennsylvania acquisition

Posted by - September 24, 2021

Cresco Labs continues to add new territory to its growing portfolio, changing the cannabis industry Cresco Labs, the Chicago-based multi-state marijuana operator (MSO), announced that it has entered into an agreement to acquire Bay, also known as Cure Pennsylvania, and three of its medical cannabis dispensaries. The deal was done for cash and stock worth

Green Thumb, Cresco continue to find support from cannabis industry analysts

Posted by - May 3, 2021

The two cannabis companies routinely stand out as valuable targets for investors A new month has just started and with this, new projections should begin to emerge regarding the future plans of investors. During the last months of negotiations, it has been seen how many marijuana stocks have been strongly affected. However, a considerable impulse

Cresco Labs signs exclusive agreement with California-based Emerald Family Farms

Posted by - February 10, 2021

The M&A activity in the cannabis industry continues as 2021 progresses, with more to come There is yet another huge cannabis industry merger that is going on in Northern California. Humboldt County-based Emerald Family Farms (EFF) has entered an exclusive distribution agreement with one of the largest vertically integrated, multistate cannabis operators out of Chicago,

Cresco Labs looks to have a lot of upside throughout 2021

Posted by - January 19, 2021

The company’s stock is prepared to rise above most others as the new year progresses Considering the instability and downright turbulence in the Oval Office over the past year, it is rather amazing that there is anything at all left to the cannabis stock market. Investors in both cannabis and common stocks were taken for

Cresco Labs could be poised for growth following the US presidential elections

Posted by - October 15, 2020

Analysts predict a breakout coming to the cannabis company starting soon Cresco Labs could be one of the biggest winners if Democratic presidential nominee Joe Biden takes the election on November 3. Legislation such as the SAFE Banking Act would allow financial institutions to work with the cannabis industry without violating federal law. Senate races