Cresco Labs Launches Good News Brand in Pennsylvania with New Sweet Troches

Rhea-AI Summary

Cresco Labs launches Good News brand in Pennsylvania with Sweet Troches product

Positive

• Cresco Labs expands its branded cannabis products with the launch of Good News brand in Pennsylvania
• Good News' first product, Sweet Troches, offers a sublingual form with 10mg THC and is now available at Sunnyside locations and other dispensaries in the state

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced the launch of its Good News brand in the Commonwealth of Pennsylvania. Good News’ first product, Sweet Troches (troh-kees), is a sublingual form offered in six flavors with 10mg THC. It is now available to purchase at all Sunnyside locations and other dispensaries in the state.

Cresco Labs brings its Good News brand to Pennsylvania with the launch of Sweet Troches (Photo: Business Wire)

“We’ve demonstrated repeatedly our ability to build our core brands and core products in new markets to meet market conditions, while also maintaining our strong number-one share positions,” said Charlie Bachtell, CEO & Co-founder of Cresco Labs. “Our branded portfolio is holding strong with the top share position in Pennsylvania. We have many targeted strategies in place to continue to grow our share in the state, such as launching smart innovations like Sweet Troches from Good News. So far, we’ve seen a strong reception from patients and caregivers for our Wonder Wellness Co. Mini Troches, and we’re pleased to offer more dosing options from our Good News brand.”

Sweet Troches from Good News is a line of simple, easy-to-use medical marijuana products intended to be dissolved in the mouth. They’re made with distillate oil and live sand with a white rice flour coating. Patients and caregivers can try one of six flavors: Watermelon, White Grape, Berry, Orange, Peach and Black Cherry. Each Sweet Troche from Good News has 10mg THC per dose.

In April, Cresco Labs introduced its first Troche from its Wonder Wellness Co. brand. Called Mini Troches, these are offered in Relax, Shine and Sleep cannabinoid effects in low dose formulations with approachable flavors and botanical extracts.

To learn more about Good News, visit www.wearegoodnews.co. For more information about Cresco Labs, visit www.crescolabs.com.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231009476659/en/

Media

Jason Erkes, Cresco Labs

Chief Communications Officer

press@crescolabs.com

312-953-2767



Investors

Megan Kulick, Cresco Labs

SVP, Investor Relations

investors@crescolabs.com



General Cresco Labs Inquiries

312-929-0993

info@crescolabs.com

 

Source: Cresco Labs

FAQ

What is the new product launched by Cresco Labs in Pennsylvania?

The new product launched by Cresco Labs in Pennsylvania is called Sweet Troches.

Where can Sweet Troches be purchased?

Sweet Troches can be purchased at Sunnyside locations and other dispensaries in Pennsylvania.

What is the THC content of Sweet Troches?

Each Sweet Troche from Good News has 10mg THC per dose.

What other flavors are available for Sweet Troches?

Sweet Troches are available in six flavors: Watermelon, White Grape, Berry, Orange, Peach, and Black Cherry.

Where can I find more information about Good News and Cresco Labs?

More information about Good News can be found at www.wearegoodnews.co and more information about Cresco Labs can be found at www.crescolabs.com.