Cresco Labs Inc. (CRLBF)

OTCMKTS: CRLBF · Delayed Price · USD
1.36
+0.01 (0.43%)
Dec 29, 2023, 3:59 PM EST - Market closed
Market Cap 591.70M
Revenue (ttm) 782.23M
Net Income (ttm) -358.41M
Shares Out 436.42M
EPS (ttm) -1.15
PE Ratio n/a
Forward PE 113.64
Dividend n/a
Ex-Dividend Date n/a
Volume 978,169
Open 1.34
Previous Close 1.35
Day's Range 1.34 - 1.38
52-Week Range 1.00 - 2.77
Beta 2.10
Analysts Buy
Price Target 8.13 (+499.65%)
Earnings Date n/a

About CRLBF

Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co. brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand. The... [Read more]

Sector Healthcare
Founded 2013
Employees 3,200
Stock Exchange OTCMKTS
Ticker Symbol CRLBF
Full Company Profile

Financial Performance

In 2022, Cresco Labs's revenue was $842.68 million, an increase of 2.56% compared to the previous year's $821.68 million. Losses were -$215.84 million, -27.28% less than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CRLBF stock is "Buy." The 12-month stock price forecast is $8.13, which is an increase of 499.65% from the latest price.

Price Target
$8.13
(499.65% upside)
Analyst Consensus: Buy

News

3 Marijuana Stocks To Watch In January

What will happen to marijuana stocks in 2024? Some feel that it will be yet another year of volatile trading. For several years now there have been increased levels of volatility that have both helped...

Other symbols: GTBIFTCNNF
1 day ago - MarijuanaStocks

Long-Term Bets in Green: Top U.S. Marijuana Stocks for Investors

The U.S. cannabis industry and top marijuana stocks are booming like never before, and it's not slowing down anytime soon. Picture this: in 2022, the industry was already worth a hefty $13.2 billion. ...

Other symbols: CURLFTCNNF
5 days ago - MarijuanaStocks

Top Marijuana For Cannabis Investing Today

The future of legal cannabis shows to heading down a successful path. For several years now there has been a large amount of growth in the cannabis industry. This evolution of legal cannabis has creat...

Other symbols: GTBIF
10 days ago - MarijuanaStocks

These Top Marijuana Stocks Could See A Recovery In 2024

Marijuana stock investors are keeping a strong focus on the future. In 2023 there was a lot of adjusting that needed to be done for shareholders. What this means is due to the level of volatility buyi...

16 days ago - MarijuanaStocks

3 Interesting Marijuana Stock Picks For Investors

The cannabis industry is going through what some may call a transition. As legal cannabis becomes more legitimate more changes are happening. For starters, more states are looking to legalize cannabis...

Other symbols: CURLF
25 days ago - MarijuanaStocks

Cannabis Investment Watchlist: December 2023's Top U.S. Marijuana Stocks

As December 2023 approaches, the U.S. cannabis industry and top marijuana stocks continue to flourish, offering enticing opportunities for investors. Recent statistics forecast a significant growth tr...

Other symbols: TCNNF
4 weeks ago - MarijuanaStocks

Top Marijuana Stocks For The 2024 Green Rush

Marijuana stocks are still in a volatile place in the stock market. Yet this has played a part in why they can invest in the future of cannabis at low price points. Right now there is a lack of upward...

Other symbols: MRMDTCNNF
5 weeks ago - MarijuanaStocks

3 Marijuana Stocks For Your Cannabis Watchlist Today

2024 is already looking like a promising time for marijuana stock investors. Every year the cannabis industry continues to grow and evolve. Through this process, we see moments that are both good and ...

Other symbols: GTBIF
5 weeks ago - MarijuanaStocks

Green Surge: November's Top 3 High-Performing U.S. Marijuana Stocks

In 2023, the cannabis sector is a hot topic in the stock market. Top marijuana stocks are drawing attention from investors worldwide. This sector's growth is driven by increasing legalization and dema...

Other symbols: GRWG
6 weeks ago - MarijuanaStocks

Cannabis Kings: November 2023's Most Promising Marijuana Stocks

The US cannabis industry is experiencing a notable surge in November 2023. This momentum is evident in the performance of top marijuana stocks. Companies in this sector are releasing their earnings, s...

6 weeks ago - MarijuanaStocks

Cresco Labs' stock rises as revenue beats analyst estimate

Cresco Labs Inc.'s stock rose by 8.4% on Wednesday after third-quarter revenue at the U.S. cannabis multi-state operator beat the FactSet consensus estimate, despite a wider loss mostly due to a non-c...

6 weeks ago - Market Watch

Cresco Labs Reports Third Quarter 2023 Financial Results

CHICAGO--(BUSINESS WIRE)--Cresco Labs Reports Third Quarter 2023 Financial Results.

6 weeks ago - Business Wire

Cannabis Investing Today: 3 Top Marijuana Stocks To Keep An Eye On 2024

The current focus for marijuana stock investors is preparing for the new year. There is only a little bit of time before 2024 begins and this year will be big for cannabis. Not just with reform but as...

Other symbols: CURLF
7 weeks ago - MarijuanaStocks

Cresco Labs Commends Ohioans on Legalizing Adult-Use Cannabis

CHICAGO--(BUSINESS WIRE)--CRESCO LABS COMMENDS OHIOANS ON LEGALIZING ADULT-USE CANNABIS.

7 weeks ago - Business Wire

Here Are 3 Marijuana Stocks For Investors To Consider Trading

Marijuana stocks could begin to see a turnaround in trading. 2024 has lots of potential for those who see the upside to legal cannabis. This upcoming new year may be one of the best years for cannabis...

Other symbols: CURLF
2 months ago - MarijuanaStocks

Cresco Labs to Report Third Quarter 2023 Financial Results on November 15, 2023

CHICAGO--(BUSINESS WIRE)--CRESCO LABS TO REPORT THIRD QUARTER 2023 FINANCIAL RESULTS ON NOVEMBER 15, 2023.

2 months ago - Business Wire

November Harvest: Best US Marijuana Stocks to Invest In

As November 2023 approaches, the US marijuana stock market is expected to experience remarkable growth. The cannabis market in the United States has seen a notable upswing in the last several years, a...

Other symbols: CURLF
2 months ago - MarijuanaStocks

Marijuana Stocks To Buy And Add To Your 2024 Watchlist

Marijuana stock investors are keeping their attention to what will take place this new year. As 2024 quickly approaches many are working toward preparing themselves for what's to come. A new year soon...

Other symbols: GTBIFTCNNF
2 months ago - MarijuanaStocks

These 3 Marijuana Stocks Are On Watch Heading Into 2024

The cannabis industry continues to grow even with hold-ups with federal reform. More states are averagely generating over a billion dollars in revenue every quarter. That alone has been huge for the U...

2 months ago - MarijuanaStocks

Cresco Labs Unlocks $32 Million in Non-Dilutive Capital

CHICAGO--(BUSINESS WIRE)--Cresco Labs Unlocks $32 Million in Non-Dilutive Capital.

2 months ago - Business Wire

Top Marijuana Stocks For Investing 3rd Week of October

As marijuana stock investors enter halfway through October they are still on the lookout for new opportunities. The mindset for most people looking to invest in cannabis see it as an investment of the...

Other symbols: CURLFTCNNF
2 months ago - MarijuanaStocks

Penny Pot Stocks with Potential: October 2023 Picks

The US cannabis market is changing surprisingly as we approach October 2023. As more states legalize marijuana for medical and recreational purposes, the market has become a hotspot for investors look...

2 months ago - MarijuanaStocks

Cresco Labs Launches Good News Brand in Pennsylvania with New Sweet Troches

CHICAGO--(BUSINESS WIRE)--Cresco Labs Launches Good News Brand in Pennsylvania with New Sweet Troches.

2 months ago - Business Wire

Cresco Labs Expands Sunnyside in Central Pennsylvania with New Store in Altoona

CHICAGO--(BUSINESS WIRE)--Cresco Labs Expands Sunnyside in Central Pennsylvania with New Store in Altoona.

3 months ago - Business Wire

3 Marijuana Stocks For Cannabis Investing In October 2023

Marijuana stock investors keep looking towards the future for better opportunities. What this means is those who are investing in cannabis stocks feel the future will yield better trading. Essentially...

Other symbols: GTBIFTCNNF
3 months ago - MarijuanaStocks