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S&P 500   3,585.62
DOW   28,725.51
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Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Allies aim for risky Russian oil price cap as winter nears
Tesla sales bounce back in Q3 but fall short of estimates
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Allies aim for risky Russian oil price cap as winter nears
Tesla sales bounce back in Q3 but fall short of estimates
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Allies aim for risky Russian oil price cap as winter nears
Tesla sales bounce back in Q3 but fall short of estimates
OTCMKTS:CRLBF

Cresco Labs - CRLBF Stock Forecast, Price & News

$2.71
+0.14 (+5.45%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.48
$2.71
50-Day Range
$2.44
$4.18
52-Week Range
$2.39
$10.42
Volume
481,158 shs
Average Volume
336,400 shs
Market Capitalization
$731.78 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.33

Cresco Labs MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
392.0% Upside
$13.33 Price Target
Short Interest
Healthy
0.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.32mentions of Cresco Labs in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.10) to $0.09 Per Share

Overall MarketRank

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

1.98 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

Cresco Labs Inc. (CRLBF)
Critical Contrast: Cresco Labs (OTCMKTS:CRLBF) and SNDL (NASDAQ:SNDL)
Comparing Ascend Wellness (OTC:AAWH) & Cresco Labs (OTCMKTS:CRLBF)
IIROC Trading Halt - CL.WT
Cresco Labs Announces Second Quarter 2022 Results
Joe Caltabiano's Cannabis SPAC Shuts Down, Gives Back Money
See More Headlines
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CRLBF Company Calendar

Last Earnings
8/18/2022
Today
10/02/2022
Next Earnings (Estimated)
11/09/2022
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
$13.33
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+392.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-319,600,000.00
Pretax Margin
-28.84%

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
$731.78 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?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cresco Labs in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research 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 2022?

7 brokers have issued 12-month target prices for Cresco Labs' shares. Their CRLBF share price forecasts range from $5.00 to $36.00. On average, they expect the company's share price to reach $13.33 in the next year. This suggests a possible upside of 392.0% 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 beginning of the year. Since then, CRLBF stock has decreased by 59.4% and is now trading at $2.71.
View the best growth stocks for 2022 here
.

Are investors shorting Cresco Labs?

Cresco Labs saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,308,300 shares, an increase of 37.5% from the August 15th total of 951,200 shares. Based on an average daily volume of 879,000 shares, the days-to-cover ratio is currently 1.5 days.
View Cresco Labs' Short Interest
.

When is Cresco Labs' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our CRLBF earnings forecast
.

How were Cresco Labs' earnings last quarter?

Cresco Labs Inc. (OTCMKTS:CRLBF) released its quarterly earnings results on Thursday, August, 18th. The company reported ($0.05) earnings per share for the quarter. The firm earned $218.23 million during the quarter, compared to analyst estimates of $218.43 million. Cresco Labs had a negative trailing twelve-month return on equity of 2.67% and a negative net margin of 37.68%.

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 $2.71.

How much money does Cresco Labs make?

Cresco Labs (OTCMKTS:CRLBF) has a market capitalization of $731.78 million and generates $821.68 million in revenue each year. The company earns $-319,600,000.00 in net income (profit) each year or ($1.22) 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 10/2/2022 by MarketBeat.com Staff

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