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Latest In: cresco labs

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Prices surge for wholesale cannabis flower in Illinois as demand outstrips supply

Wholesale marijuana flower prices in Illinois are soaring as strong demand in the state’s nascent recreational cannabis program…

News March 9
cresco labs Joe Caltabino President resigns

Marijuana giant Cresco Labs’ co-founder resigns as president

Joe Caltabiano, the co-founder of multistate marijuana operator Cresco Labs, on Monday announced he has resigned as president…

News March 2
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Cannabis regulators growing stricter in enforcing licensing rules but also willing to negotiate with companies

State marijuana regulators increasingly are enforcing strict regulations involving dispensary caps, residency requirements and ownership rules – actions…

News February 28
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Large US cannabis companies look to debt funding versus equity and sale-leaseback deals

Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by…

News February 12
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Cresco Labs secures up to $200M in debt for marijuana operations

Cresco Labs, a multistate cannabis operator based in Chicago, said it has secured up to $200 million in…

News January 23
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Cresco Lab cannabis growers in Illinois plan to join union

Employees at an Illinois marijuana cultivation facility owned by Chicago-based multistate operator Cresco Labs are the first cannabis…

News January 15
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Cannabis firm Cresco Labs inks $50 million sale-leaseback deal

Chicago-based Cresco Labs, a multistate marijuana operator, closed a $50 million sales-leaseback deal in Illinois, weeks before adult-use…

News December 16
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Cresco terminates VidaCann acquisition, highlighting cannabis industry’s focus on saving cash

Chicago-based multistate cannabis operator Cresco Labs said it is ending its agreement to buy Florida's VidaCann, becoming the…

News November 26
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Cresco Labs, Origin House revamp cannabis merger as value falls more than 50% and close delayed

Cresco Labs, a Chicago-based multistate cannabis operator, and Origin House are overhauling the terms of their merger announced…

News November 13
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