CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. ("Cresco Labs" or the "Company") (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that its Euro-denominated shares are now listed on the Frankfurt Stock Exchange ("FSE") and are trading under the symbol "6CQ." The Company's shares continue to be listed on the Canadian Securities Exchange under the symbol "CL" and on the OTCQX under the symbol "CRLBF."
"We are pleased to further expand access to Cresco Labs shares with our listing on the Frankfurt Stock Exchange."
– Cresco Labs CEO & Co-Founder Charlie Bachtell.
The CEO and Co-Founder of Cresco Labs, Charlie Bachtell commented: "we believe that the FSE listing will make it easier for European institutional and retail investors to pursue an investment in Cresco Labs and participate in our continued success in creating shareholder value."
The Frankfurt Stock Exchange is the largest exchange in Germany and one of the largest markets for trading equity securities in the world. The FSE facilitates advanced electronic trading, settlement and information systems allowing it to meet the growing requirements of cross-border trading.
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About Cresco Labs
Cresco Labs, based in Chicago, is a leading U.S. cannabis company with experienced management, access to capital and a demonstrated growth strategy. As a differentiated grower, processor and retailer of premium cannabis operating across the United States, the company focuses on entering highly regulated markets with outsized demand potential and strong regulatory structures. Its impressive speed-to-market gives Cresco a distinct competitive advantage as it replicates its model to expand its national footprint. Cresco's proven ability to execute is complemented by a cutting-edge brand strategy spearheaded by several of the brightest minds in consumer marketing in the nation. Cresco's products are tailored to all major consumer segments: everyday cannabis, medicinally focused, connoisseur grade, and chef inspired edibles by James Beard Award-winning pastry chef Mindy Segal.
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