Latest Cresco Labs News & Updates

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Cresco Labs

Cannabis cultivator, manufacturer, distributor, and retailer

crescolabs.com

Headquarters: Chicago, United States
Founded year: 2013
Company type: Public company
Number of employees: 1,300–5,000
Industry: Drug Retailers

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Latest news about Cresco Labs

In short: Cresco Labs reported $173M in Q2 revenue and expanded its retail presence by acquiring nine Pennsylvania dispensaries for $50 million.

Company announcements

September 2 Cresco Labs

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.

August 6 Cresco Labs

Cresco Labs reports Q2 2026 results with $173M revenue

Adjusted EBITDA reached $40M with 22.8% margin, net income $15M, and CFO Sharon Schuler is stepping down.

August 6 Cresco Labs

Cresco Labs reports Q2 2026 revenue of $173M

Adjusted EBITDA reached $40 million with a 22.8% margin, and net income was $15 million, aided by a tax benefit.

July 13 Cresco Labs

Cresco Labs to report Q2 2026 financial results on August 6

The company will host a conference call and webcast at 8:30 am ET to discuss results and business highlights.

Media coverage

September 2 Financial Times

Cresco Labs Acquires Nine Pennsylvania Dispensaries in Accretive Transaction to Strengthen Market Leadership

Following closing, Cresco will be the #1 retailer providing medical marijuana to patients across the state. Together with its position as Pennsylvania’s #1 wholesaler, Cresco...

August 31 Ad hoc news

Cresco Labs Shares Extend Rally as Cannabis Sector Gathers Momentum

The sector rally was also visible in the AdvisorShares Pure US Cannabis ETF (MSOS), in which Cresco Labs holds a significant weighting. The fund reached...

August 24 FinanzNachrichten.de

MMJ International Holdings: Cannabis's MSO's Perfect Storm: Class Actions, RICO & Insurance Denials?

A perfect storm for the cannabis industry? Cresco Labs, Green Thumb Industries, Curaleaf and Verano face sweeping class-action and RICO allegations.Cresco Labs, Green Thumb Industries...

August 6 Yahoo Finance

Cresco Labs Inc. R (6CQ.MU) Q3 FY2025 earnings call transcript

Earnings call Cresco Labs delivered Q3 2025 revenue of $165 million, up 1% sequentially, with adjusted gross margin of 49% and adjusted EBITDA of $40...

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