Cresco Labs acquires nine Pennsylvania dispensaries for fifty million
The cash-free transaction strengthens its vertical integration and retail footprint while immediately boosting revenue, margins, and cash flow in a core medical cannabis market.
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The cash-free transaction strengthens its vertical integration and retail footprint while immediately boosting revenue, margins, and cash flow in a core medical cannabis market.
Heitsenrether brings extensive financial and technology expertise from JPMorgan Chase. Larry Robbins concludes his two-year tenure after serving on key governance committees.
Adjusted EBITDA reached $40M with 22.8% margin, net income $15M, and CFO Sharon Schuler is stepping down.
Adjusted EBITDA reached $40 million with a 22.8% margin, and net income was $15 million, aided by a tax benefit.
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