OverviewSuggest Edit

Cresco Labs is a medical cannabis cultivation company. It employs a consumer-packaged-goods approach (CPG) allowing the company to deliver on different consumer segments’ expectations, meeting the consumer and patient needs. Cresco Labs provide both patients and doctors a “go-to” resource for research, products, and cannabis-based treatments.
TypePublic
Founded2013
HQChicago, IL, US
Websitecrescolabs.com
Employee Ratings2.5
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2018)500
Job Openings184
Share Price (May 2021)C$14.3(+4%)

Key People/Management at Cresco Labs

Charlie Bachtell

Charlie Bachtell

Founder and CEO
Joe Caltabiano

Joe Caltabiano

Co-Founder and President
Zach Marburger

Zach Marburger

CIO
Brian McCormack

Brian McCormack

Co-Founder
Dominic Sergi

Dominic Sergi

Co-Founder
Rob Sampson

Rob Sampson

Co-Founder
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Cresco Labs Office Locations

Cresco Labs has an office in Chicago
Chicago, IL, US (HQ)
400 W Erie St #110
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Cresco Labs Financials and Metrics

Cresco Labs Revenue

Market capitalization (14-May-2021)

3.2b

Closing stock price (14-May-2021)

14.3
Cresco Labs's current market capitalization is C$3.2 b.
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Cresco Labs Online and Social Media Presence

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Cresco Labs Company Culture

  • Overall Culture

    B-

    75/100

  • CEO Rating

    A+

    88/100

  • Compensation

    C-

    62/100

Learn more on Comparably

Cresco Labs News and Updates

Global Cannabis Market Insights, Analysis and Forecasts Report 2020-2025 Featuring Curaleaf, Harvest Health & Recreation, iAnthus Capital, Green Thumb Industries, Cresco Labs, & Acreage

Dublin, Dec. 23, 2020 (GLOBE NEWSWIRE) -- The "Cannabis Global Market Insights 2020, Analysis and Forecast to 2025, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering. This report describes the global market size of Cannabis from 2015 t…

Cresco Labs Debuts Deliciously DosedTM Chocolates from its Mindy's Chef Led Artisanal Edibles Brand for the Illinois Recreational Cannabis Market

Arriving just in time for the holidays, the line features four chocolate bars with rich, distinct flavors from James Beard Award-winning Chef Mindy Segal CHICAGO, Dec. 10, 2020 /PRNewswire/ - Cresco Labs (CSE: CL) (OTCQX: CRLBF) ("Cresco" or "the Company"), one of the largest vertically...

Cannabis company Cresco Labs closes $29 million sale-and-leaseback transaction on Massachusetts facility

Cannabis company Cresco Labs said Wednesday it has closed a sale-and-leaseback transaction for its Massachusetts facility with Innovative Industrial Properties Inc. (IIP). Cresco will receive $29 million for the sale of the facility, with $21 million earmarked for tenant improvements. The facility…

Cresco Labs says President Joe Caltabiano is resigning with immediate effect

Cresco Labs Inc. said Tuesday its president, Joe Caltabiano, is resigning with immediate effect. The Chicago-based cannabis company said Caltabiano's management duties will be taken up by Chief Executive and co-Founder Charlie Bachtell and other members of the company's leadership team. It did not…

Cresco Labs gets $100 million in senior secured term loan

Cresco Labs Inc. said Thursday it has entered a senior secured term loan agreement for an initial sum of $100 million with an option to borrow up to $200 million. The Chicago-based cannabis company expects to complete an initial drawdown by Jan. 30 and will use the funds to expand operations in Il…

Cresco Labs raises $50 mln from GreenAcreage in sale-and-leaseback deal of Illinois facility

Cresco Labs Inc. said Thursday it has raised $50 million in a sale-and-leaseback deal of its Lincoln, Illinois facility with GreenAcreage Real Estate Corp. The agreement, which will not dilute its shares, will allow the company to operate the property as a licensed medical and recreational cannabi…
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Cresco Labs Frequently Asked Questions

  • When was Cresco Labs founded?

    Cresco Labs was founded in 2013.

  • Who are Cresco Labs key executives?

    Cresco Labs's key executives are Charlie Bachtell, Joe Caltabiano and Zach Marburger.

  • How many employees does Cresco Labs have?

    Cresco Labs has 500 employees.

  • Who are Cresco Labs competitors?

    Competitors of Cresco Labs include Origin House, Nextage and C3 Industries.

  • Where is Cresco Labs headquarters?

    Cresco Labs headquarters is located at 400 W Erie St #110, Chicago.

  • Where are Cresco Labs offices?

    Cresco Labs has an office in Chicago.

  • How many offices does Cresco Labs have?

    Cresco Labs has 1 office.