Cresco Labs CEO talks legal marijuana industry challengesPosted by On


Demand for marijuana products in U.S. states where they are legal in some form has been resilient this year, despite the pandemic

Charlie Bachtell, CEO and co-founder of Chicago-based Cresco Labs, credits strong sales this year to growing marijuana demand and retailers having been deemed essential businesses during the pandemic.

Cresco Labs began growing and selling marijuana in Illinois in 2015, and as of this year has expanded to a total of nine states and Canada. Its sales more than tripled in the first half of this year to nearly $161 million. Its stock trades on the Canadian…

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