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Cresco Labs Granted $38 Million Tax Break for NY Cannabis Facility

Cresco Labs Granted $38 Million Tax Break for NY Cannabis Facility

Cannabis in the News, Cresco

Cresco Labs Granted $38 Million Tax Break for NY Cannabis Facility Ulster County is one step closer to being home to a major cannabis production facility. During Wednesday’s Ulster County Industrial Development Agency (IDA) meeting, the board voted 7-0 to approve a...
Cresco reports 20% year-over-year revenue growth

Cresco reports 20% year-over-year revenue growth

Cannabis in the News, Cresco, Financial Results

Cresco reports 20% year-over-year revenue growth Cresco reports 20% year-over-year revenue growth and 45% year-over-year adjusted EBITDA1 growth – and continues industry leadership in branded wholesale and retail productivity Clears first milestone in proposed...
3 Best Cannabis Stocks for the Reefer Rebound

3 Best Cannabis Stocks for the Reefer Rebound

Cannabis in the News, Cresco, Curaleaf, Investment Opportunities, Trulieve Cannabis

3 Best Cannabis Stocks for the Reefer Rebound Check out these 3 best cannabis stocks and snag some shares before the reefer rebound. Cresco Labs (CRLBF): Industry-leading margins with a balanced sales approach Curaleaf (CURLF): Nationwide presence and currently...
Cannabis Banking Act Added to Legislation – MSO Cannabis Stocks Rise

Cannabis Banking Act Added to Legislation – MSO Cannabis Stocks Rise

Cannabis in the News, Cresco, Curaleaf, Green Thumb Industries, Investment Opportunities, Jushi Holdings, marijuana stock, Trulieve Cannabis

Cannabis Banking Act Added to Legislation – MSO Cannabis Stocks Rise MSO Cannabis Stocks have had their worst downturn since February 2020 but there’s good news today from Washington and it’s giving cannabis stocks a nice bump. Rep. Ed Perlmutter...
The Bull Case for Cresco Labs Stock

The Bull Case for Cresco Labs Stock

Cannabis in the News, Cresco, Investment Opportunities, marijuana stock

Cannabis stocks have the potential to increase your wealth at an impressive rate over the next decade. While the cannabis sector continues to remain volatile, we like certain cannabis stocks like Cresco Labs (CRLBF) – but whats us the bull case for Cresco Labs...
Cresco Labs Closes Acquisition of Cultivate

Cresco Labs Closes Acquisition of Cultivate

Acquisition, Cannabis in the News, Cannabis Market, Cresco, Investment Opportunities, marijuana stock

Cresco Labs Closes Acquisition of Cultivate, Strengthens Position in Massachusetts — CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or the “Company”), a vertically integrated multistate operator and the number one U.S....
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Recent Posts

  • Got Dividends? Altria Announces $0.90/share this Quarter May 21, 2022
  • Two NM Tribes Poised to Sell Recreational Cannabis May 21, 2022
  • Trulieve Opens Two Medical Cannabis Dispensaries in West Virginia May 20, 2022
  • Cresco Labs Granted $38 Million Tax Break for NY Cannabis Facility May 20, 2022
  • ROMJF Announces New Cannabis Export Capabilities, Stock Jumps May 20, 2022

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Risk of Prosecution for Marijuana-Related Companies.  If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution.  The Department of Treasury recently issued guidance noting: “ The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana.  Many states impose and enforce similar prohibitions.  Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”

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