Cresco Labs (CSE:CL)

  • Symbol:CSE:CL
  • Ticker 2:OTCMKTS:CRLBF
  • Sector:Healthcare
  • Industry:Pharmaceutical
  • CEO:Charles Bachtell
  • Founded:2013
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Cresco Labs (CSE:CL) Stock Price

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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.

Cresco Labs (CSE:CL) Financials

More From Cresco Labs...

Cresco Labs Debuts Multi-Channel Marketing Campaign
Multi-state Cannabis Operator Cresco Labs Launches First Incubator Program in Illinois
The October Effect in Full Force as Cannabis Capitulates
Cresco Labs' HSR Waiting Period to Acquire Tryke Companies Has Expired
High Five – Cresco Labs Receives Approval For Five Existing Illinois Dispensaries
Dope! Cresco Labs Gets Grow License For Illinois
Cresco Labs Sells Illinois Properties to Innovative Industrial Properties
Opening Doors – Cresco Labs Comments on Passage of SAFE Act
Cresco Labs Moves One Step Closer to Acquiring Origin House
Top of The Food Chain – Cresco Labs Acquires Tryke and the Reef Dispensary Portfolio
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Management

Charles Bachtell
CEO, Director & Board Member
Charles Bachtell is the CEO of Cresco Labs, LLC, and a founding member of the Illinois Cannabis Bar Association and industry trade associations in IL, PA, and OH.

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.
Joe Caltabiano
President, Director & Board Member
Joe Caltabiano is President and Co-Founder of Cresco Labs. Prior to founding Cresco Labs, he spent 15 years in the highly regulated banking industry receiving every accolade attainable for closing over 2.5B in debt transactions.
Tom Manning
Chairman of the Board
Tom Manning is the former Chief Executive Officer and Chairman of Dun & Bradstreet (“D&B”), the global leader in corporate information and data analytics. Prior to joining D&B, Tom worked and lived in Asia for nearly 20 years, serving as CEO of Cerberus Asia Operations & Advisory Limited, a subsidiary of Cerberus Capital Management, CEO of Capgemini Asia, a leading information technology services company, and CEO of Ernst & Young Consulting Asia. He was also a senior partner with corporate strategy firm Bain & Company, where he led the global IT practice in Silicon Valley and Asia.

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.