CHICAGO, March 6, 2019–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTC: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that its shares have been approved to be quoted on the Over-the-Counter Market (OTC) and will trade under the symbol “CRLBF,” effective immediately. Cresco has applied to trade its shares to the OTCQX Market, the top tier of the three markets for the over-the-counter trading of stocks.
Trading on a U.S. market is important because investors now have direct access to invest in Cresco Labs and to support our mission of normalizing and professionalizing the cannabis industry.
Charlie Bachtell, Cresco Labs CEO and Co-Founder
Cresco Labs was approved for listing on the Canadian Securities Exchange (“CSE”) on Friday, November 30, 2018 and began trading on the CSE under the ticker symbol “CL” on Monday, December 3, 2018.
Investors, media and other interested parties are invited to visit Cresco’s Investors website at investors.crescolabs.com to view company information and request automated email alerts for future news and public filings.
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 in seven states, the company focuses on entering highly regulated markets with outsized demand potential and high barriers to entry. 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. Learn more about Cresco Labs at crescolabs.com.