Cresco Labs Launches Adult-Use Cannabis Distribution and Retail Sales in Ohio
Cresco Labs has launched adult-use cannabis distribution and retail sales in Ohio, marking a significant expansion of its operations. The company's Yellow Springs cultivation/processing facility and all five Sunnyside Dispensaries in Ohio are now approved to serve both medical and adult-use customers. CEO Charlie Bachtell highlighted that Ohio is the 24th state to launch an adult-use cannabis program, signifying a tipping point in cannabis acceptance.
Cresco Labs' Sunnyside stores in Ohio are reported to be twice as productive as the state average. The company manufactures and distributes several branded products throughout the state, including Cresco, Supply, Good News, Wonder Wellness, and Mindy's. With Ohio being the seventh-most-populous state and expected to become a $2 billion market, this expansion represents a significant growth opportunity for Cresco Labs.
Cresco Labs ha lanciato la distribuzione di cannabis per uso adulto e le vendite al dettaglio in Ohio, segnando un'importante espansione delle sue operazioni. La struttura di coltivazione e lavorazione di Yellow Springs e tutti e cinque i negozi Sunnyside in Ohio sono ora approvati per servire sia clienti medici che adulti. Il CEO Charlie Bachtell ha sottolineato che l'Ohio è il 24° stato a lanciare un programma di cannabis per uso adulto, segnando un punto di svolta nell'accettazione della cannabis.
I negozi Sunnyside di Cresco Labs in Ohio sono stati segnalati come due volte più produttivi della media statale. L'azienda produce e distribuisce diversi prodotti a marchio in tutto lo stato, tra cui Cresco, Supply, Good News, Wonder Wellness e Mindy's. Con l'Ohio che è il settimo stato più popoloso e si prevede che diventi un mercato da 2 miliardi di dollari, questa espansione rappresenta un'importante opportunità di crescita per Cresco Labs.
Cresco Labs ha lanzado la distribución de cannabis para uso adulto y ventas minoristas en Ohio, marcando una expansión significativa de sus operaciones. La instalación de cultivo y procesamiento de Yellow Springs y todas las cinco dispensas Sunnyside en Ohio ahora están aprobadas para atender tanto a clientes médicos como a adultos. El CEO Charlie Bachtell destacó que Ohio es el 24º estado en lanzar un programa de cannabis para uso adulto, lo que significa un punto de inflexión en la aceptación de la cannabis.
Se informa que las tiendas Sunnyside de Cresco Labs en Ohio son dos veces más productivas que la media estatal. La compañía fabrica y distribuye varios productos de marca en todo el estado, incluyendo Cresco, Supply, Good News, Wonder Wellness y Mindy's. Con Ohio siendo el séptimo estado más poblado y se espera que se convierta en un mercado de 2 mil millones de dólares, esta expansión representa una oportunidad de crecimiento significativa para Cresco Labs.
Cresco Labs는 오하이오에서 성인용 대마초 유통 및 소매 판매를 시작했습니다, 이는 회사 운영의 중요한 확장을 의미합니다. Yellow Springs 재배/가공 시설과 오하이오 내 모든 5 곳의 Sunnyside 약국이 의료 고객과 성인 고객 모두를 서비스할 수 있도록 승인되었습니다. CEO Charlie Bachtell은 오하이오가 성인용 대마초 프로그램을 시작한 24번째 주라는 점을 강조하며, 이는 대마초 수용의 전환점을 의미합니다.
오하이오에 있는 Cresco Labs의 Sunnyside 매장은 주 평균의 두 배로 생산성이 높습니다. 회사는 Cresco, Supply, Good News, Wonder Wellness 및 Mindy's를 포함한 여러 브랜드 제품을 주 전역에 제조 및 유통하고 있습니다. 오하이오가 인구가 7번째로 많은 주이자 20억 달러 시장이 될 것으로 예상됨에 따라, 이번 확장은 Cresco Labs에 상당한 성장 기회를 제공하는 것입니다.
Cresco Labs a lancé la distribution de cannabis à usage adulte et les ventes au détail dans l'Ohio, marquant une expansion significative de ses opérations. L'installation de culture et de transformation de Yellow Springs et les cinq dispensaires Sunnyside dans l'Ohio sont désormais approuvés pour servir à la fois des clients médicaux et adultes. Le PDG Charlie Bachtell a souligné que l'Ohio est le 24ème État à lancer un programme de cannabis à usage adulte, signifiant un tournant dans l'acceptation du cannabis.
Les magasins Sunnyside de Cresco Labs dans l'Ohio sont signalés comme étant deux fois plus productifs que la moyenne de l'État. L'entreprise fabrique et distribue divers produits de marque dans tout l'État, y compris Cresco, Supply, Good News, Wonder Wellness et Mindy's. Avec l'Ohio qui est le septième État le plus peuplé et qui devrait devenir un marché de 2 milliards de dollars, cette expansion représente une opportunité de croissance significative pour Cresco Labs.
Cresco Labs hat den Vertrieb von Cannabis für den Erwachsenengebrauch und den Einzelhandel in Ohio gestartet, was eine bedeutende Erweiterung seiner Geschäftstätigkeiten markiert. Die Cultivations- und Verarbeitungsanlage in Yellow Springs sowie alle fünf Sunnyside-Apotheken in Ohio sind nun genehmigt, sowohl medizinische als auch Erwachsene zu bedienen. CEO Charlie Bachtell hob hervor, dass Ohio der 24. Staat ist, der ein Programm für Cannabis für den Erwachsenengebrauch einführt, was einen Wendepunkt in der Akzeptanz von Cannabis darstellt.
Die Sunnyside-Geschäfte von Cresco Labs in Ohio sollen zweimal so produktiv sein wie der Staatsdurchschnitt. Das Unternehmen stellt mehrere Markenprodukte im gesamten Bundesstaat her und vertreibt diese, darunter Cresco, Supply, Good News, Wonder Wellness und Mindy's. Da Ohio der 7. bevölkerungsreichste Staat ist und voraussichtlich zu einem 2 Milliarden Dollar Markt wird, stellt diese Expansion eine erhebliche Wachstumschance für Cresco Labs dar.
- Expansion into Ohio's adult-use cannabis market, potentially increasing revenue
- Sunnyside stores in Ohio are twice as productive as the state average
- Ohio expected to become a $2 billion cannabis market, a 4x increase from 2023
- Company has rights to open three more dispensaries in Ohio
- Cresco Labs' products now available to a larger customer base in Ohio
- None.
Cresco Labs five Sunnyside Dispensary locations in
“The acceptance of cannabis continues to grow with
The Company manufactures and distributes its Cresco, Supply, Good News, Wonder Wellness, and Mindy’s branded products throughout the state. Sunnyside operates five stores located in
About Cresco Labs Inc.
Cresco Labs’ mission is to normalize and professionalize the cannabis industry through a CPG approach to building national brands and a customer-focused retail experience, while acting as a steward for the industry on legislative and regulatory-focused initiatives. As a leader in cultivation, production and branded product distribution, the Company is leveraging its scale and agility to grow its portfolio of brands that include Cresco, High Supply, FloraCal, Good News, Wonder Wellness Co., Mindy’s and Remedi, on a national level. The Company also operates highly productive dispensaries nationally under the Sunnyside brand that focus on building patient and consumer trust and delivering ongoing education and convenience in a wonderfully traditional retail experience. Through year-round policy, community outreach and SEED initiative efforts, Cresco Labs embraces the responsibility to support communities through authentic engagement, economic opportunity, investment, workforce development and legislative initiatives designed to create the most responsible, respectable and robust cannabis industry possible. Learn more about Cresco Labs’ journey by visiting www.crescolabs.com or following the Company on Facebook, X or LinkedIn.
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Media
Jason Erkes, Cresco Labs
Chief Communications Officer
press@crescolabs.com
312-953-2767
Investors
TJ Cole, Cresco Labs
SVP, Corporate Development & Investor Relations
investors@crescolabs.com
For general Cresco Labs inquiries:
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info@crescolabs.com
Source: Cresco Labs
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