Cresco Labs Announces Opening of the First Adult-use Dispensary in Downtown Chicago

Sunnyside River North is Cresco Labs’ seventh Illinois dispensary with three additional locations planned

CHICAGO, May 28, 2020–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today the opening of Sunnyside River North, the first Illinois adult-use dispensary in Chicago located at 436 N. Clark Street in the prestigious River North neighborhood. Sunnyside (the “Dispensary”) will open for adult-use cannabis sales on May 28th at 10:00 AM for online orders and in-store pick up that day through a pop-up retail experience.

We are thrilled to be opening the first adult use store in Chicago under the state’s new legislation and to provide an example of what normalized and professionalized cannabis looks like with a location in a traditional business district, a local and diverse operating team and a tremendous amount of community input and support.

Charlie Bachtell, Cresco Labs’ CEO and Co-founder

We recruited and trained our team of wellness advisors from all over Chicagoland and look forward to catering to the wellness needs of the downtown community following the responsible shopping methods we developed in conjunction with state regulators.

As previously disclosed, the Company has implemented procedures system-wide to eliminate wait lines, crowding and social distancing during the COVID-19 pandemic, and the River North location will launch with online orders only through Sunnyside.shop. Once customers receive a text notification that their order is ready, they can check in at the Guest Experience Center at 22 W. Hubbard to be entered into the virtual pickup queue. Regular store hours are 10:00 AM to 9:00 PM daily, seven days a week.

Cresco has the largest footprint in Illinois with three of only 21 cultivation licenses and a total cultivation space1 of 215,000 square feet across all three of its facilities. The Company currently distributes its wholesale products to every dispensary in the state, and its Illinois retail presence includes seven Sunnyside* dispensaries, with three additional locations planned in strategic locations throughout the state.

About Cresco Labs:

Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Cresco is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North America. Employing a consumer-packaged goods (“CPG”) approach to cannabis, Cresco’s house of brands is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted national brands including Cresco, Remedi and Mindy’s, a line of edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside, Cresco’s national dispensary brand, is a wellness-focused retailer designed to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco has launched the industry’s first national comprehensive Social Equity and Educational Development (SEED) initiative designed to ensure that all members of society have the skills, knowledge and opportunity to work in and own businesses in the cannabis industry. Learn more about Cresco Labs at www.crescolabs.com.

1 Total cultivation space represents all areas used in cultivation including vegetative, mother and flowering plant rooms

Original press release

Published by NCV Newswire
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