Cresco Labs to Report Fourth Quarter and Full Year 2020 Financial Results on March 25th, 2021

Rhea-AI Summary

Cresco Labs (CSE:CL) (OTCQX:CRLBF) announced it will report its financial results for Q4 and the full year ending December 31, 2020, on March 25, 2021, before market opens. A conference call will follow at 8:30 AM EDT to discuss these results and provide business highlights. Cresco Labs, a leading multistate cannabis operator, aims to normalize and professionalize the cannabis industry. It is also the largest wholesaler of branded cannabis products in the U.S., with a focus on consumer needs through multiple trusted brands.

Positive

• Cresco Labs is one of the largest multistate cannabis operators in the U.S.
• The company is the largest wholesaler of branded cannabis products, indicating strong market positioning.

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• None.

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31^st, 2020 on Thursday March 25^th, 2021 before the market opens.

The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25^th, 2021 at 8:30am Eastern Time (7:30am Central Time).

Event: Cresco Labs Fourth Quarter and Fully Year 2020 Earnings Conference Call
Date: Thursday March 25^th, 2021
Time: 8:30a.m. EDT
Webcast: Link
Dial-in: 1-855-9796-654 (US), 1-833-2942-546 (CA), 0800-640-6441 (UK), 44-20-3936-2999 (Int’l)
Passcode: 885607

Archived access to the webcast will be available for one year on the Cresco Labs investor relations website.

About Cresco Labs

Cresco Labs is one of the largest vertically integrated, multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Employing a consumer-packaged goods (“CPG”) approach, Cresco Labs is the largest wholesaler of branded cannabis products in the U.S. Its brands are designed to meet the needs of all consumer segments and comprised of some of the most recognized and trusted brands including Cresco, Remedi, High Supply, Cresco Reserve, Good News, Wonder Wellness, FloraCal Farms and Mindy’s Chef Led Artisanal Edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside, Cresco Labs’ national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs operates the industry’s largest Social Equity and Educational Development initiative, SEED, which was established to ensure that all members of society have the skills, knowledge and opportunity to work and own businesses in the cannabis industry. Learn more about Cresco Labs at CrescoLabs.com.

Forward Looking Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as, ‘may,’ ‘will,’ ‘should,’ ‘could,’ ‘would,’ ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘estimates,’ ‘projects,’ ‘predicts,’ ‘potential’ or ‘continue’ or the negative of those forms or other comparable terms. The Company’s forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to those risks discussed under "Risk Factors" in the company’s Annual Information Form dated April 28, 2020, and other documents filed by the Company with Canadian securities regulatory authorities; and other factors, many of which are beyond the control of the Company. Readers are cautioned that the foregoing list of factors is not exhaustive. Because of these uncertainties, you should not place undue reliance on the Company’s forward-looking statements. No assurances are given as to the future trading price or trading volumes of Cresco’s shares, nor as to the Company’s financial performance in future financial periods. The Company does not intend to update any of these factors or to publicly announce the result of any revisions to any of the Company’s forward-looking statements contained herein, whether as a result of new information, any future event or otherwise. Except as otherwise indicated, this press release speaks as of the date hereof. The distribution of this press release does not imply that there has been no change in the affairs of the Company after the date hereof or create any duty or commitment to update or supplement any information provided in this press release or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210304005157/en/

FAQ

When will Cresco Labs report its Q4 and full-year financial results?

Cresco Labs will report its financial results on March 25, 2021.

What time is the Cresco Labs earnings conference call?

The conference call is scheduled for 8:30 AM EDT on March 25, 2021.

What is the significance of the Cresco Labs earnings report?

The earnings report will provide insights into the company's financial performance and key business highlights.