Cresco Labs Inc. (CL.CN) Research

Cresco Labs Inc., alongside its subsidiaries, is a prominent player in the United States' cannabis industry, handling the cultivation, production, and distribution of cannabis products for both recreational and medicinal markets. Their extensive product line encompasses various forms of cannabis. The Cresco brand offers flowers, vape pens, live resins, disposable pens, and extracts. High Supply provides vapes, different cannabis flower formats (like popcorn and shake), pre-rolls, and concentrates. Edibles and infused products are also a significant part of their portfolio, with Good News featuring vapes and gummies, and Wonder Wellness Co. offering vapes and edibles. For therapeutic applications, the Remedi brand includes tinctures, capsules, salves, and sublingual oils. Other cannabis offerings are available under the Reserve and FloraCal brands (the latter specializing in cannabis flowers). Their edibles selection further expands with Mindy's Edibles, which crafts chocolate and toffee confections, fruit-forward gummies, hard sweets, and taffy. Cresco Labs also holds a licensing agreement for the Kiva brand, known for its cannabis-infused edibles such as chocolates, gummies, mints, and tarts, and markets its own infused edibles under the Sunnyside brand. As of December 6, 2022, the company maintained a retail footprint of 55 operational dispensaries. Cresco Labs was founded in 2013 and has its corporate headquarters situated in Chicago, Illinois.

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