Cresco Labs (CSE:CL)
- Ticker 2:OTCMKTS:CRLBF
- CEO:Charles Bachtell
Cresco Labs (CSE:CL) Stock Price
Cresco Labs (CSE:CL) Company Overview
Cresco Labs, Inc. (CNSX: CL) is based in Chicago, Illinois, operational in seven U.S. states, with binding transactions pending in New York, Massachusetts and Florida, as well as an approved expansion into Michigan.
The Company expects its acquisition of Origin House to close during the fourth quarter of 2019, which greatly expands its distribution network in California.
Cresco received regulatory approval for its acquisition of Valley Agriceuticals, LLC., providing the Company with one of 10 vertically integrated licenses granted in the State of New York.
Cresco's house of includes Cresco, Remedi and Mindy's, a line of edibles created by James Beard Award-winning chef Mindy Segal and Sunnyside, Cresco's national dispensary brand, with a focus upon wellness and retail experience for both existing and new cannabis consumers.
- Address:Suite 110, 400 West Erie Street, Chicago, IL 60654, USA
Cresco Labs (CSE:CL) Financials
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Prior to Cresco Labs, Bachtell served for 8 years as the Executive Vice President and General Counsel of Guaranteed Rate, the nation’s seventh largest mortgage bank – a leading attorney during the reform of the US mortgage industry. Bachtell is an adjunct Professor at Northwestern University Pritzker School of Law teaching a course on the legal and regulatory issues in the emerging cannabis industry.
Tom currently serves on the boards of CommScope Holding Company, Inc., a leading telecommunication technology company, and Clear Media Limited, a leading outdoor advertising company in China. He previously served as a director of four other public companies in China – iSoftStone Holdings Limited, Asiainfo-Linkage, Gome Electrical Appliances Company, and the Bank of Communications – and seven private equity backed companies in China, India, and the United States.
He speaks Mandarin and holds an MBA from Stanford Graduate School of Business and a bachelor’s degree from Harvard College.