Webcast: How marijuana firm Cresco Labs plans to accelerate growth in 2019

(This article has been updated to clarify the financial projection for Cresco was made by an analyst, not released by Cresco Labs.)

While the cannabis industry has experienced massive growth over the past 12 months, few companies have seen early success in profitability to date.

Cresco Labs, a vertically integrated multistate operator, is the exception to that trend with $213 million in gross profit forecast by the end of 2019, according to analysts at Canacord Genuity.

How has the Chicago company achieved what so few others have?

CEO Charlie Bachtell will join MJBizDaily Investor Intelligence Editor Lisa Bernard-Kuhn on Wednesday, March 13, at 2 p.m. ET/11 a.m. PT to discuss the company’s early success – and what he believes are important indicators for investors evaluating opportunities.

The Executive Webcast is part of Investor Intelligence’s premium package. Learn more at mjbizdaily.com/investing.

4 comments on “Webcast: How marijuana firm Cresco Labs plans to accelerate growth in 2019
  1. david smitt on

    Great, thanks for the info. Now I have a good idea when to start shorting these drug dealers. I mean all they do is talk about money and profit not patients. These guy’s are just legal drug dealers. And when the con wears off, the stock price will tank. It’ll be the race to the bottom. No worries, the free market canna vendors will replace the void.

    Reply

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