Latest Cresco Labs News & Updates

See the latest news and media coverage for Cresco Labs. We track all announcements, press releases, and industry mentions in real time, all in one place.

Cresco Labs

Cannabis producer and retailer

crescolabs.com

Headquarters: Chicago, United States
Founded year: 2013
Company type: Public company
Number of employees: 1,200–5,000

Last updated Today

Latest news about Cresco Labs

In short: Cresco Labs achieved significant operational growth through facility expansions, strategic refinancing, and federal regulatory milestones.

Company announcements

June 8 Cresco Labs

Cresco Labs closes US$50 million revolving credit facility

The facility from Needham Bank provides non-dilutive capital for growth and acquisitions at a 7.99% fixed rate maturing in 2030.

May 27 Cresco Labs

Cresco Labs announces DEA registration of medical cannabis facilities

This follows federal rescheduling of cannabis to Schedule III, marking federal recognition of its operations.

May 11 Cresco Labs

Cresco Labs responds to Texas license rescission

The company maintains its application merits a license and is evaluating options to protect the original determination.

May 8 Cresco Labs

Cresco Labs reports Q1 2026 financial results

Revenue reaches $151 million with Adjusted EBITDA of $33 million. Advances growth with Texas license and new Ohio dispensaries.

Media coverage

June 11 Yahoo Finance

Lawsuit compares cannabis industry to Big Tobacco, targets 3 Chicago-based marijuana companies

The Brief A federal class-action lawsuit accuses three Chicago-based cannabis companies of...

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