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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
OTCMKTS:CRLBF

Cresco Labs Stock Forecast, Price & News

$2.61
+0.10 (+3.99%)
(As of 07/1/2022 12:00 AM ET)
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Compare
Today's Range
$2.50
$2.63
50-Day Range
$2.50
$5.20
52-Week Range
$2.42
$11.95
Volume
264,845 shs
Average Volume
546,004 shs
Market Capitalization
$703.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.58

Cresco Labs Stock Forecast (MarketRank)

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
498.2% Upside
$15.58 Price Target
Short Interest
Healthy
0.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.14mentions of Cresco Labs in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.49 out of 5 stars

30 days | 90 days | 365 days | Advanced Chart

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Cresco Labs logo

About Cresco Labs (OTCMKTS:CRLBF)

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 incorporated in 1990 and is headquartered in Chicago, Illinois.

CRLBF Stock News Headlines

Cresco Labs (CRLBF) versus Its Peers Financial Comparison
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Cresco Labs (CRLBF) & Its Rivals Critical Review
Reviewing Cresco Labs (CRLBF) and The Competition
Cresco Labs (CRLBF) & Its Competitors Head to Head Analysis
Cresco Labs (CRLBF) vs. The Competition Financial Survey
Comparing Cresco Labs (CRLBF) & Its Rivals
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Reviewing Cresco Labs (CRLBF) & Its Competitors
Cresco Labs (CRLBF) versus Its Peers Financial Review
Analyzing Cresco Labs (CRLBF) & The Competition
Cresco Labs (CRLBF) vs. Its Competitors Critical Review
Analyzing Cresco Labs (CRLBF) and Its Competitors
Cresco Labs' (CRLBF) Buy Rating Reaffirmed at Pi Financial
Financial Contrast: Cresco Labs (CRLBF) versus Its Peers
Cresco Labs (CRLBF) vs. Its Peers Financial Comparison
Contrasting Cresco Labs (CRLBF) & Its Peers
Comparing Cresco Labs (CRLBF) and Its Peers
Comparing Cresco Labs (CRLBF) & Its Peers
See More Headlines

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

Company Calendar

Today
7/02/2022
Next Earnings (Estimated)
8/11/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$15.58
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+498.2%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
7 Analysts

Profitability

Net Income
$-319.60 million
Pretax Margin
-29.03%

Debt

Sales & Book Value

Annual Sales
$821.68 million
Cash Flow
$0.11 per share
Book Value
$2.94 per share

Miscellaneous

Free Float
N/A
Market Cap
$703.44 million
Optionable
Not Optionable
Beta
N/A














Cresco Labs Frequently Asked Questions

Should I buy or sell Cresco Labs stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cresco Labs in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cresco Labs stock.
View analyst ratings for Cresco Labs
or view top-rated stocks.

What is Cresco Labs' stock price forecast for 2022?

7 analysts have issued 12 month price objectives for Cresco Labs' shares. Their CRLBF stock forecasts range from $5.00 to $36.00. On average, they expect Cresco Labs' share price to reach $15.58 in the next year. This suggests a possible upside of 498.2% from the stock's current price.
View analysts' price targets for Cresco Labs
or view top-rated stocks among Wall Street analysts.

How has Cresco Labs' stock performed in 2022?

Cresco Labs' stock was trading at $6.67 on January 1st, 2022. Since then, CRLBF shares have decreased by 60.9% and is now trading at $2.6050.
View the best growth stocks for 2022 here
.

When is Cresco Labs' next earnings date?

Cresco Labs is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022.
View our earnings forecast for Cresco Labs
.

Who are Cresco Labs' key executives?

Cresco Labs' management team includes the following people:
  • Mr. Charles Bachtell, Co-Founder, CEO & Director (Age 42, Pay $537.5k)
  • Mr. Dennis M. Olis, Chief Financial Officer (Age 59, Pay $202.12k)
  • Mr. Thomas J. Manning, Exec. Chairman (Age 65)
  • Mr. Robert M. Sampson, Co-Founder & Director (Age 47)
  • Mr. Ty Gent, Chief Operating Officer (Age 63)
  • Ms. Brenna Albert CPA, Sr. VP and Controller of Accounting, Treasury & Tax
  • Mr. Zach Marburger, Interim Chief Information Officer (Age 37)
  • Jake Graves, Mang. of Investor Relations
  • Mr. John Schetz, Gen. Counsel (Age 45)
  • Ms. Impola Kelli, VP of Compliance

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 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 $2.61.

How much money does Cresco Labs make?

Cresco Labs (OTCMKTS:CRLBF) has a market capitalization of $703.44 million and generates $821.68 million in revenue each year. The company earns $-319.60 million in net income (profit) each year or ($1.19) on an earnings per share basis.

How many employees does Cresco Labs have?

Cresco Labs 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 Cresco Labs 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 7/2/2022 by MarketBeat.com Staff

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