Insights

Expanding Operations Cresco Labs has recently launched adult-use cannabis distribution and retail sales in Ohio, showcasing a strategic expansion that opens up new sales opportunities in the growing cannabis market.

Increased Headcount Impact With a significant increase in headcount and plans to add more employees, Cresco Labs is preparing to scale its operations and potentially increase sales capacity to meet growing market demands.

Financial Health and Growth Cresco Labs reported robust Q1 2024 financial results, demonstrating a tenfold increase in operating cash flow year-over-year, indicating a strong financial position that could support further sales initiatives and investments.

New CFO Appointment The appointment of Sharon Schuler as Chief Financial Officer brings in a fresh perspective and expertise to Cresco Labs, potentially driving financial strategies that could optimize sales performance and profitability.

Investment in Facilities By expanding facilities in Ohio and investing in increased cultivation capacity, Cresco Labs is positioning itself to meet the growing demand for cannabis products, setting the stage for potential sales growth and market dominance.

Similar companies to Cresco Labs

Cresco Labs Tech Stack

Cresco Labs uses 8 technology products and services including ONESOURCE, Frame.io, Salesforce Customer 360, and more. Explore Cresco Labs's tech stack below.

  • ONESOURCE
    Accounting And Finance
  • Frame.io
    Communication And Collaboration
  • Salesforce Customer 360
    Customer Relationship Management
  • Mailchimp
    Email
  • ADP
    Human Resource Management System
  • Open Graph
    Miscellaneous
  • iOS
    Programming Languages
  • YouTube
    Video Players

Media & News

Cresco Labs's Email Address Formats

Cresco Labs uses at least 1 format(s):
Cresco Labs Email FormatsExamplePercentage
First.Last@crescolabs.comJohn.Doe@crescolabs.com
93%
FirstL@crescolabs.comJohnD@crescolabs.com
3%
FLast@crescolabs.comJDoe@crescolabs.com
3%
LastF@crescolabs.comDoeJ@crescolabs.com
1%

Frequently Asked Questions

Where is Cresco Labs's headquarters located?

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Cresco Labs's main headquarters is located at 600 W Fulton St Chicago, Illinois 60661 US. The company has employees across 3 continents, including North AmericaAsiaEurope.

What is Cresco Labs's phone number?

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You can contact Cresco Labs's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Cresco Labs's stock symbol?

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Cresco Labs is a publicly traded company; the company's stock symbol is CRLBF.

What is Cresco Labs's official website and social media links?

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Cresco Labs's official website is crescolabs.com and has social profiles on LinkedIn.

How much revenue does Cresco Labs generate?

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As of November 2024, Cresco Labs's annual revenue reached $750M.

What is Cresco Labs's SIC code NAICS code?

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Cresco Labs's SIC code is 8093 - Specialty Outpatient Facilities, Not Elsewhere Classified NAICS code is 621399 - Offices of All Other Miscellaneous Health Practitioners.

How many employees does Cresco Labs have currently?

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As of November 2024, Cresco Labs has approximately 1.3K employees across 3 continents, including North AmericaAsiaEurope. Key team members include Chief Executive Officer: J. D.Chief Executive Officer: L. A.Chief Communications Officer/Spokesperson: J. E.. Explore Cresco Labs's employee directory with LeadIQ.

What industry does Cresco Labs belong to?

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Cresco Labs operates in the Alternative Medicine industry.

What technology does Cresco Labs use?

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Cresco Labs's tech stack includes ONESOURCEFrame.ioSalesforce Customer 360MailchimpADPOpen GraphiOSYouTube.

What is Cresco Labs's email format?

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Cresco Labs's email format typically follows the pattern of . Find more Cresco Labs email formats with LeadIQ.

How much funding has Cresco Labs raised to date?

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As of November 2024, Cresco Labs has raised $125M in funding. The last funding round occurred on Jan 15, 2021 for $125M.

When was Cresco Labs founded?

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Cresco Labs was founded in 2013.
Cresco Labs

Cresco Labs

Alternative MedicineIllinois, United States1001-5000 Employees

Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey. 
 
Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis. 
 
At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.

Section iconCompany Overview

Headquarters
600 W Fulton St Chicago, Illinois 60661 US
Phone number
SIC Code
8093 - Specialty Outpatient Facilities, Not Elsewhere Classified
Stock Symbol
CRLBF
NAICS Code
621399 - Offices of All Other Miscellaneous Health Practitioners
Founded
2013
Employees
1001-5000

Section iconMedia & News

Section iconFunding & Financials

  • $125M

    Cresco Labs has raised a total of $125M of funding over 8 rounds. Their latest funding round was raised on Jan 15, 2021 in the amount of $125M.

  • $100M$1B

    Cresco Labs's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $125M

    Cresco Labs has raised a total of $125M of funding over 8 rounds. Their latest funding round was raised on Jan 15, 2021 in the amount of $125M.

  • $100M$1B

    Cresco Labs's revenue is in the range of $100M$1B

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