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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
THE BEST BLACK FRIDAY DEAL YET (Ad)
Cuba's informal market finds new space on growing internet
Best Buy Proves Brick and Mortar is Here to Stay
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
THE BEST BLACK FRIDAY DEAL YET (Ad)
Cuba's informal market finds new space on growing internet
Best Buy Proves Brick and Mortar is Here to Stay
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
THE BEST BLACK FRIDAY DEAL YET (Ad)
Cuba's informal market finds new space on growing internet
Best Buy Proves Brick and Mortar is Here to Stay
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
OTCMKTS:CRLBF

Cresco Labs - CRLBF Stock Forecast, Price & News

$3.32
-0.08 (-2.35%)
(As of 11/25/2022 08:58 PM ET)
Add
Compare
Today's Range
$3.16
$3.42
50-Day Range
$2.44
$3.52
52-Week Range
$2.39
$9.07
Volume
265,900 shs
Average Volume
507,755 shs
Market Capitalization
$896.51 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.80

Cresco Labs MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
165.1% Upside
$8.80 Price Target
Short Interest
Healthy
0.52% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of Cresco Labs in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.13) to $0.04 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

CRLBF stock logo

About Cresco Labs (OTCMKTS:CRLBF) Stock

Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co. brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand, as well as cannabis products under the Reserve brand. The company also offers cannabis flowers under the FloraCal brand; and chocolate and toffee confections, fruit-forward gummies, hard sweets, and taffy under the Mindy's Edibles brand, as well as licenses the Kiva brand, which produces cannabis infused edibles, including chocolate confections, gummies, mints, and tarts. In addition, the company offers cannabis-infused edibles under the Sunnyside brand. As of January 27, 2022, it owned and operated 48 dispensaries. The company was founded in 2013 and is headquartered in Chicago, Illinois.

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CRLBF Stock News Headlines

Three CBD Stocks to Dominate a Budding Industry  (CRLBF)
The CBD industry is growing at a high 20% CAGR and is expected to more than triple in size over the next 6 to 7 years, that's a budding opportunity.
Marijuana industry descends upons Las Vegas for MJBizCon
Cresco Labs Inc. (CRLBF) Q3 2022 Earnings Call Transcript
Cresco Labs Q3 Revenue Drops Slightly YoY, Cuts Net Loss
Cresco Labs Announces Third Quarter 2022 Results
Cresco Labs Is Worth The Wait
Cresco Labs Opens Second Pensacola Florida Dispensary
See More Headlines
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CRLBF Company Calendar

Today
11/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Medicinals & botanicals
Sub-Industry
N/A
Sector
Medical
Current Symbol
OTCMKTS:CRLBF
Fax
N/A
Employees
3,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.80
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+165.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-319,600,000.00
Pretax Margin
4.83%

Debt

Sales & Book Value

Annual Sales
$821.68 million
Cash Flow
$0.12 per share
Book Value
$2.94 per share

Miscellaneous

Free Float
N/A
Market Cap
$896.51 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Thomas J. Manning (Age 65)
    Exec. Chairman
    Comp: $878.31k
  • Mr. Charles Bachtell (Age 43)
    Co-Founder, CEO & Director
    Comp: $1.25M
  • Mr. Robert M. Sampson (Age 47)
    Co-Founder & Independent Director
  • Mr. Dennis M. Olis (Age 59)
    Chief Financial Officer
    Comp: $550k
  • Mr. Ty Gent (Age 63)
    Chief Operating Officer
  • Ms. Brenna Albert CPA
    Sr. VP and Controller of Accounting, Treasury & Tax
  • Mr. Zach Marburger (Age 37)
    Interim Chief Information Officer
  • Jake Graves
    Mang. of Investor Relations
  • Mr. John Schetz (Age 45)
    Gen. Counsel
  • Ms. Impola Kelli
    VP of Compliance













CRLBF Stock - Frequently Asked Questions

Should I buy or sell Cresco Labs stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cresco Labs in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRLBF shares.
View CRLBF analyst ratings
or view top-rated stocks.

What is Cresco Labs' stock price forecast for 2023?

6 Wall Street research analysts have issued 12-month target prices for Cresco Labs' stock. Their CRLBF share price forecasts range from $5.00 to $15.00. On average, they expect the company's share price to reach $8.80 in the next year. This suggests a possible upside of 165.1% from the stock's current price.
View analysts price targets for CRLBF
or view top-rated stocks among Wall Street analysts.

How have CRLBF shares performed in 2022?

Cresco Labs' stock was trading at $6.67 at the start of the year. Since then, CRLBF shares have decreased by 50.2% and is now trading at $3.32.
View the best growth stocks for 2022 here
.

Are investors shorting Cresco Labs?

Cresco Labs saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 1,397,100 shares, an increase of 8.3% from the October 15th total of 1,290,000 shares. Based on an average daily trading volume, of 722,400 shares, the days-to-cover ratio is currently 1.9 days.
View Cresco Labs' Short Interest
.

What is Cresco Labs' stock symbol?

Cresco Labs trades on the OTCMKTS under the ticker symbol "CRLBF."

How do I buy shares of Cresco Labs?

Shares of CRLBF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cresco Labs' stock price today?

One share of CRLBF stock can currently be purchased for approximately $3.32.

How much money does Cresco Labs make?

Cresco Labs (OTCMKTS:CRLBF) has a market capitalization of $896.51 million and generates $821.68 million in revenue each year. The company earns $-319,600,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis.

How many employees does Cresco Labs have?

The company employs 3,500 workers across the globe.

How can I contact Cresco Labs?

Cresco Labs' mailing address is 400 West Erie Street, Chicago, IL 60654. The official website for the company is www.crescolabs.com. The company can be reached via phone at 312-929-0993 or via email at investors@crescolabs.com.

This page (OTCMKTS:CRLBF) was last updated on 11/28/2022 by MarketBeat.com Staff