Cresco Labs Inc. (CRLBF)
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Cresco Labs Inc. Profile
| Specialty Retail Industry | Consumer Discretionary Sector | Mr. Charles Bachtell CEO | OTCQX Exchange | CA22587M1068 ISIN |
| United States Country | 2,760 Employees | - Last Dividend | 3 Dec 2018 Last Split | - IPO Date |
Overview
Cresco Labs Inc. is a prominent player in the American cannabis industry, focusing on the cultivation, manufacture, and sale of cannabis products for both the retail and medical sectors. The company's extensive operations span the United States, underlining its commitment to providing a wide range of cannabis products through innovative and consumer-focused brands. Cresco Labs Inc. was founded in 1990 and has its headquarters in Chicago, Illinois, marking a significant presence in the cannabis market with its diversified product offerings and brands aimed at satisfying the varied preferences of its clientele.
Products and Services
The company delivers an expansive portfolio of cannabis products across various categories, including flowers, vape pens, live resins, disposable pens, extracts, edibles, tinctures, capsules, and topical solutions. Below is a breakdown of its major brands and their offerings:
- Cresco: This flagship brand offers cannabis in forms such as flowers, vape pens, live resins, disposable pens, and extracts, catering to both connoisseurs and casual consumers looking for quality cannabis.
- High Supply: Focused on delivering value, High Supply provides vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates, targeting consumers seeking budget-friendly, yet high-quality cannabis options.
- Good News: With an emphasis on social consumption scenarios, Good News offers vapes and gummies, perfect for consumers looking to enjoy cannabis in a fun and accessible manner.
- Wonder Wellness Co.: This brand specializes in vapes and edibles, designed for those new to cannabis or seeking a gentle introduction to its benefits, focusing on wellness and ease of use.
- Remedi: Aimed at the medical cannabis market, Remedi offers tinctures, capsules, salves, and sublingual oils, tailored for patients seeking precise dosages and targeted relief.
- FloraCal: This brand caters to the premium market segment, offering high-quality cannabis flowers known for their artisanal cultivation methods.
- Mindy’s Edibles: Led by acclaimed chef Mindy Segal, Mindy's Edibles offers gourmet chocolate and toffee confections, and fruit-forward gummies, blending culinary expertise with high-quality cannabis.
- Kiva: Licensed by Cresco, the Kiva brand is renowned for its cannabis-infused edibles, such as chocolate confections, gummies, mints, and tarts, combining great taste with consistent potency.
- Sunnyside: This brand broadens Cresco Labs Inc.'s offerings into the realm of cannabis-infused edibles, featuring a range of products designed to brighten the consumer experience with quality and innovation.
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