About Cresco Labs
Cresco Labs is a company based in Chicago (United States) founded in 2013. Cresco Labs has raised $104 million across 2 funding rounds. The company has 2,900 employees as of December 31, 2024. Cresco Labs has completed 12 acquisitions, including Arizona Facility Supply, Blair Wellness and Bluma Wellness. Cresco Labs offers products and services including House of Brands and Retail Products. Cresco Labs operates in a competitive market with competitors including Auxly, TerrAscend, Goodness Growth Holdings, Sweet Flower and Vireo Growth, among others.
- Headquarter Chicago, United States
- Employees 2900 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Email
Locked
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Phone
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Website
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Social
Locked
- Legal Name Cresco Labs, Inc.
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Annual Revenue
$689.67 M (USD)-4.63as on Dec 31, 2024
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Net Profit
-$70.88 M (USD)56.95as on Dec 31, 2024
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EBITDA
$167.96 M (USD)35.14as on Dec 31, 2024
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Total Equity Funding
$104 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series D
Oct 05, 2018
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Investors
Not available
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Employee Count
2900
as on Dec 31, 2024
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Investments & Acquisitions
Arizona Facility Supply
& 11 more
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IPO & Listings of Cresco Labs
Cresco Labs is a publicly listed company on the CSE with ticker symbol CL in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cresco Labs
Cresco Labs offers a comprehensive portfolio of products and services, including House of Brands and Retail Products.
Assortment of quality cannabis brands for diverse consumer needs
High-quality cannabis items for medical and recreational use
People of Cresco Labs
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Leadership Team
27 people
Operations Team
16 people
Software Development Team
16 people
Human Resources and Administration
14 people
Product Management Team
11 people
Senior Team
9 people
Sales and Marketing
8 people
Sourcing Team
3 people
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Funding Insights of Cresco Labs
Cresco Labs has successfully raised a total of $104M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Cresco Labs
Cresco Labs has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Arizona Facility Supply, Blair Wellness and Bluma Wellness.
Investment portfolio details for Cresco Labs
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Healthcare management services are provided to clients.
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Locked | Locked | 2018 | Locked | |
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Cannabis-based medicinal products are manufactured in the United States.
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Locked | Locked | 2017 | Locked | |
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Medical cannabis is dispensed and wellness services are provided.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Cresco Labs
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Financial Statements - Cresco Labs
Detailed financials for Cresco Labs
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Cresco Labs Comparisons
Peer comparison for Cresco Labs
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Competitors of Cresco Labs
Cresco Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Auxly, TerrAscend, Goodness Growth Holdings, Sweet Flower and Vireo Growth, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform for managing cannabis manufacturing operations is provided.
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Cannabis dispensaries are operated and medical products are retailed.
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Retailer of cannabis products
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Provider of an E-commerce platform for cannabis products
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Cannabis company focused on cultivation, manufacturing, wholesale, and retail
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Detailed competitors of Cresco Labs
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Latest news on Cresco Labs
Complete news archive for Cresco Labs
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Frequently Asked Questions about Cresco Labs
Cresco Labs was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Cresco Labs is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Cresco Labs is a funded company, having raised a total of $104M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Cresco Labs is 2,900.
Annual revenue of Cresco Labs is $689.67M as on Dec 31, 2024.
Cresco Labs was founded in 2013 in Chicago, United States, within the cannabis industry. Retail operations are centered on cannabis-based products, including distribution and sales through licensed channels. The company serves consumers in various states where cannabis is legalized, with headquarters maintained in Chicago. Its online presence is established via crescolabs.com, focusing on compliance and market expansion in the sector.
Cresco Labs's top competitors include Auxly, TerrAscend and Vireo Growth.
Cresco Labs offers House of Brands and Retail Products.
Yes, Cresco Labs is publicly traded on CSE under the ticker symbol CL.
Cresco Labs has made 12 acquisitions, including Arizona Facility Supply, Blair Wellness, and Bluma Wellness.
The ticker symbol of Cresco Labs is CL on CSE.