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Cresco Labs Inc (QX)

Cresco Labs Inc (QX) (CRLBF)

0.9897
0.0598
(6.43%)
Closed February 04 4:00PM

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Key stats and details

Current Price
0.9897
Bid
0.0001
Ask
41.01
Volume
1,008,619
0.87 Day's Range 0.9897
0.7812 52 Week Range 2.68
Market Cap
Previous Close
0.9299
Open
0.87
Last Trade Time
Financial Volume
$ 967,652
VWAP
0.959383
Average Volume (3m)
814,894
Shares Outstanding
440,974,000
Dividend Yield
-
PE Ratio
-2.49
Earnings Per Share (EPS)
-0.4
Revenue
770.89M
Net Profit
-175.52M

About Cresco Labs Inc (QX)

Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Cresco Labs is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North... Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Cresco Labs is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North America. Employing a consumer-packaged goods ("CPG") approach to cannabis, Cresco Labs' house of brands is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted national brands including Cresco, Remedi and Mindy's, a line of edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside*, Cresco Labs' national dispensary brand, is a wellness-focused retailer designed to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs has launched the industry's first national comprehensive Social Equity and Educational Development (SEED) initiative designed to ensure that all members of society have the skills, knowledge and opportunity to work in and own businesses in the cannabis industry. Learn more about Cresco Labs at www.crescolabs.com. Show more

Sector
Pharmaceutical Preparations
Industry
Gold Ores
Headquarters
Vancouver, British Columbia, Can
Founded
2018
Cresco Labs Inc (QX) is listed in the Pharmaceutical Preparations sector of the OTCMarkets with ticker CRLBF. The last closing price for Cresco Labs (QX) was $0.93. Over the last year, Cresco Labs (QX) shares have traded in a share price range of $ 0.7812 to $ 2.68.

Cresco Labs (QX) currently has 440,974,000 shares outstanding. The market capitalization of Cresco Labs (QX) is $410.06 million. Cresco Labs (QX) has a price to earnings ratio (PE ratio) of -2.49.

CRLBF Latest News

U.S. Index Futures Flat Ahead of April CPI Data Release, Oil Prices Drop

U.S. index futures are virtually flat in pre-market trading this Wednesday, with Wall Street awaiting April’s consumer price index data. At 7:18 AM, Dow Jones futures (DOWI:DJI) were up 3...

Rising Natural Wellness Momentum Fuels Cannabis Market

September 30, 2021 -- InvestorsHub NewsWire -- NetworkNewsWire Editorial Coverage: It should come as no surprise that one of the strongest trends in the health care space is the rising wave...

Cresco Labs: This Cannabis Stock Can Gain 10x In 10 Years

Cannabis stocks are all set to explode if the U.S. government legalizes weed for recreational use. Right now, more than 35 states in the country have legalized the use of medical marijuana while...

A Lesson in Cannabis: Second Mover Can Be Better Position

NetworkNewsWire Editorial Coverage: Even though medical marijuana had been legal in some U.S. states for more than a decade, the substance didn’t gain much recognition until Colorado set the...

3 Pot Stocks That Can Double Again In 2021

Cannabis stocks have experienced a remarkable run after Joe Biden won the Presidential race in late 2020. Investors are optimistic about the decriminalization and eventual legalization of...

Savvy Companies Eye Promising Potential in Multi-Billion-Dollar Industry

CannabisNewsWire Editorial Coverage: A recent Data Bridge Market Research report notes that the once-hot cannabis industry looks to be heating up again — in a big way. The report includes...

Californian Cannabis Industry Blazes Trail of Growth for US

CannabisNewsWire Editorial Coverage: California continues to be the leading center for the U.S. cannabis industry, with huge growth already taking place and plenty of potential for more. Cannabis...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.129715.08139534880.860.98970.853566530.91436617CS
40.05375.737179487180.9361.03650.8449914810520.91719274CS
12-0.0403-3.912621359221.031.45280.78128148941.01898145CS
26-0.4703-32.21232876711.462.050.78126829661.26191729CS
52-1.5453-60.95857988172.5352.680.78127371641.64479252CS
156-5.4603-84.65581395356.458.1820.78126833602.27304246CS
260-4.9503-83.33838383845.9418.060.78127144675.22295978CS

CRLBF - Frequently Asked Questions (FAQ)

What is the current Cresco Labs (QX) share price?
The current share price of Cresco Labs (QX) is $ 0.9897
How many Cresco Labs (QX) shares are in issue?
Cresco Labs (QX) has 440,974,000 shares in issue
What is the market cap of Cresco Labs (QX)?
The market capitalisation of Cresco Labs (QX) is USD 410.06M
What is the 1 year trading range for Cresco Labs (QX) share price?
Cresco Labs (QX) has traded in the range of $ 0.7812 to $ 2.68 during the past year
What is the PE ratio of Cresco Labs (QX)?
The price to earnings ratio of Cresco Labs (QX) is -2.49
What is the cash to sales ratio of Cresco Labs (QX)?
The cash to sales ratio of Cresco Labs (QX) is 0.57
What is the reporting currency for Cresco Labs (QX)?
Cresco Labs (QX) reports financial results in USD
What is the latest annual turnover for Cresco Labs (QX)?
The latest annual turnover of Cresco Labs (QX) is USD 770.89M
What is the latest annual profit for Cresco Labs (QX)?
The latest annual profit of Cresco Labs (QX) is USD -175.52M
What is the registered address of Cresco Labs (QX)?
The registered address for Cresco Labs (QX) is SUITE 2500, 666 BURRARD STREET, VANCOUVER, BRITISH COLUMBIA, V6C 2X8
What is the Cresco Labs (QX) website address?
The website address for Cresco Labs (QX) is www.crescolabs.com
Which industry sector does Cresco Labs (QX) operate in?
Cresco Labs (QX) operates in the GOLD ORES sector

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CRLBF Discussion

View Posts
Bazwar6 Bazwar6 2 months ago
I agree… no news and stock loss selling
👍️0
Pennybuster Pennybuster 2 months ago
Heading lower with the rest of the cannabis sector.

December will bring in new lows imo.
👍️0
Bazwar6 Bazwar6 7 months ago
https://www.americanbankingnews.com/2024/07/18/cresco-labs-inc-otcmktscrlbf-short-interest-update.html
👍️0
Bazwar6 Bazwar6 7 months ago
👍️0
Bazwar6 Bazwar6 8 months ago
https://markets.businessinsider.com/news/stocks/these-states-could-go-fully-legal-soon-this-cannabis-company-could-win-big-a-top-stock-pick-trading-below-peers-1033474424
👍️0
Seminole Red Seminole Red 9 months ago
got a little green.....
👍️0
retired early retired early 9 months ago
Any range $5-$50 will do. $ :)
👍️0
B0B0 B0B0 9 months ago
$50/share? You're obviously a big customer of Cresco. I'll glady settle for $5.
👍️ 1
$5.95akadawson-m $5.95akadawson-m 10 months ago
Oh that's big big news. Like we haven't seen the shakeouts before?
👍️0
Clonemaster Clonemaster 10 months ago
BIG SHAKEOUT COMING
👍️0
Ultimate Weapon Ultimate Weapon 10 months ago
Righteous interview indeed ....
Very smart and the Kind of Advocate BOTH Parties need for Advancement of this Sector .
thanks for the Recommendation .
👍️0
Bazwar6 Bazwar6 10 months ago
I recommend going to YouTube and searching trade to Black interview with Nancy Mace.

She is well informed on cannabis. A great advocate for our cause.

It might be the best politician I've ever heard in an interview.
👍️ 1
hyborianwar hyborianwar 10 months ago
load
👍️0
BackTheTruckUp BackTheTruckUp 11 months ago
Cresco could potentially be going to $50 / share. Doubters get proven wrong all the time. Remember what TL#Y did years ago? Went to $250 then back down probably because it was too soon before MJ rescheduling and banking reform. The time is now. Rescheduling is coming. So, BackTheTruckUp and load up on Cresco maybe, before the truck leaves the loading zone. Just press that Green buy button. You know you want to. 71 dispensaries in 6 states so far I think.
👍️0
Bazwar6 Bazwar6 11 months ago
https://www.marketbeat.com/instant-alerts/otcmkts-crlbf-options-data-report-2024-03-03/
👍️0
make it happen make it happen 1 year ago
All retailers and some semi conductors will flood into cannabis. Ie. Abercrombie & Fitch Lululemons, just to name a couple retailers imho

Feel these names are going to heavy sell for re-balancing/profiting for books (underway past month). Upwards of 500% in a year
👍️0
retired early retired early 1 year ago
It's all about sales and with things opening up, hoping for a turn around in financials :)
👍️0
Green Pharms Green Pharms 1 year ago
Big money coming in
👍️0
Nelson2 Nelson2 1 year ago
Cresco big player in Ohio where recreational weed voted in!
Let’s goooooooo!

GLTA
👍️0
Sanibel Island Sanibel Island 1 year ago
Tim Seymour is recommending US msos but says safe banking further down the road . Seymour recommends TSX listings that have nasdaq listings, HITI . See Tim on YouTube he is a leader on the industry HITide continues up with his recommendation
👍️ 1
-Kush- -Kush- 1 year ago
Heating up, plenty of catalysts on the horizon.
$CL
$CRLBF
👍️0
$5.95akadawson-m $5.95akadawson-m 1 year ago
2 weeks ago the stock price was $1.05!
👍️0
cootcat cootcat 1 year ago
I like, to see every CRLBF share buy some CCHWF shares. Making CRLBF share hold a force in CCHWF
👍️0
retired early retired early 1 year ago
OK who' got the match? :)
👍️0
JohnCM JohnCM 2 years ago
Looking good!
👍️0
retired early retired early 2 years ago
Cresco start your engines. :)
👍️0
KingOfSwing...Trading KingOfSwing...Trading 2 years ago
I like the sound of that!
👍️0
abrooklyn abrooklyn 2 years ago
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021

https://www.otcmarkets.com/otcapi/company/financial-report/362380/content



👍️0
$5.95akadawson-m $5.95akadawson-m 2 years ago
Or maybe the fusion of Columbia Care into Cresco
👍️0
cardvic cardvic 2 years ago
Don't get me wrong. I hope this is the beginning of the cannabis comeback.
👍️0
$5.95akadawson-m $5.95akadawson-m 2 years ago
:))
👍️0
retired early retired early 2 years ago
Pin drop :)
👍️0
retired early retired early 2 years ago
The Debby downer is spreading his wings. :)
👍️0
BackTheTruckUp BackTheTruckUp 2 years ago
:)
👍️0
$5.95akadawson-m $5.95akadawson-m 2 years ago
How many mj boards have you posted that same sentence?
👍️0
cardvic cardvic 2 years ago
Cannabis stocks continue their march to oblivion, courtesy of shorty, with no end in sight. Anyone waiting for politicians to save them better head for the life rafts.
👍️0
Ultimate Weapon Ultimate Weapon 2 years ago
Politicians takin us to the wood shed......
👍️0
$5.95akadawson-m $5.95akadawson-m 2 years ago
I've been saying the same thing; however, every MSO has gone down precipitously in the past week. Now that NO bill will be passed for banking measures for mj companies, we tread water as usual.
👍️0
treedoc treedoc 2 years ago
Holy smokes! What happened here?
👍️0
retired early retired early 2 years ago
Times changing for Cresco. :)
👍️0
StockLogistics StockLogistics 2 years ago
Too much debt too many shares :

“As of September 30, 2022, current assets were $355 million, including cash and cash equivalents of $130 million. The Company had working capital of $85 million and senior secured term loan debt, net of discount and issuance costs, of $380 million.Total shares on a fully converted basis were 437,484,245 as of September 30, 2022.”
👍️0
nickwill69 nickwill69 2 years ago
up a dollar a share since you posted this.
👍️0
nickwill69 nickwill69 2 years ago
wow
👍️0
Ronin Ronin 2 years ago
Which bill? Which committee?

I just read where Schumer's bill got shot down in Senate but they have another in the wings before the upcoming election that has bipartisan agreement to allow pharmas to expand research on marijuana

https://www.marijuanamoment.net/schumer-touts-senate-marijuana-research-bill-among-historic-progress-under-biden-as-legalization-measure-lingers/

According to Sen. Cory Booker (D-NJ), a prime sponsor of CAOA, recently said that the so-called “SAFE Banking Plus” bill that’s in the works would likely be filed following the elections during the lame duck session.

In the meantime, Senate Democrats have the bipartisan marijuana research bill as the main example of cannabis reform progress since President Joe Biden took office and Democrats reclaimed the majority in the Senate.

That specific legislation hasn’t been enacted into law, though. But there are hopes that a slightly revised version that was introduced last month could reach the president’s desk in due time. It already cleared the House just days after its filing, and sources say the Senate is expected to act shortly.
👍️0
StockLogistics StockLogistics 2 years ago
2.41 intraday gap fill by Thursday imo charts look good after that, legalization passed committee
👍️0
Nelson2 Nelson2 2 years ago
And this

“Toronto, Ontario--(Newsfile Corp. - Le 20 septembre/September 2022) - Cresco Labs Inc - Subordinate Voting Share Purchase Warrants listed on September 24, 2019 will expire on September 24, 2022.
Settlement Terms: All trades September 21 and 22 will settle for cash next day. Trades on September 23 will be for cash same day.
The warrants will be halted at noon and delisted at market close September 23, 2022.
👍️0
Nelson2 Nelson2 2 years ago
Read this on Yahoo

“The answer is in the wt it stands for warrant … those are old warrants that were listed and sold . If you had one and they didn’t settle in the money then they get trashed .. think of it as a lottery ticket .. you buy that particular type of stock hoping the price shoots up . If it does the warrant type stocks have a contract of execution agreement hooked to them . It states you can buy a stock for a cheaper price. ( if the regular stock market raised past the warrant price) by exchanging the warrant for a set price … if it finishes too low then it isn’t worth exchanging and you toss it away”
👍️0
nunaka nunaka 2 years ago
Thanks for the input.
👍️0
nsomniyak nsomniyak 2 years ago
Could be they are just dropping the Canadian listing to become exclusively US listed?

I believe that is a precondition for an uplist to NASDAQ and therefore I suspect this is a good thing.
👍️0
nunaka nunaka 2 years ago
?????

IIROC Trading Halt - CL.WT
BY Canada NewsWire
— 12:18 PM ET 09/23/2022
VANCOUVER, BC, Sept. 23, 2022 /CNW/ - The following issues have been halted by IIROC:

Company: Cresco Labs Inc. (CRLBF)

CSE Symbol: CL.WT

All Issues: No

Reason: Pending Delisting

Halt Time (ET): 12:00 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
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