Forget Aurora Cannabis, Cresco Labs Is a Better Marijuana Stock

MMP News AuthorDecember 1, 2020
The popular Canadian marijuana players have always been investors’ favorites: Aurora Cannabis (NYSE:ACB) and Canopy Growth (NASDAQ:CGC) grabbed all the attention after Canada legalized recreational pot in October of 2018. These companies ramped up their production with rising demand in 2019. However, things went haywire when external headwinds caused a supply-and-demand imbalance, ... Read More

Cresco Labs: Overview Of U.S.-Based Cannabis Growth Monster

MMP News AuthorNovember 17, 2020
Cresco Labs (OTCQX:CRLBF) is one of the “Big 4” U.S. multi-state operators (‘MSOs’) in the cannabis industry. In comparison with peers, CRLBF has a heavier emphasis on the wholesale market, although its retail dispensary segment is also growing rapidly. The newly-elected Democratic administration may provide tailwinds if cannabis is decriminalized ... Read More

Cresco Labs CEO Discusses Cannabis Industry Challenges, Reaching Nationwide Customer Base

MMP News AuthorOctober 19, 2020
The main thing holding the cannabis industry back is access to capital, according to Cresco Labs Inc (OTCQX:CRLBF) CEO Charlie Bachtell. Bachtell, who took over Joe Caltabiano’s duties in March, discussed a variety of marijuana-related topics with The Associated Press in a recent interview. “The main thing holding the industry back is access to capital that would allow ... Read More