Cresco Labs Inc.

Canadian Sec Stock Exchange CL.CN

Cresco Labs Inc. Gross Profit Margin for the year ending December 31, 2023: 47.01%

Cresco Labs Inc. Gross Profit Margin is 47.01% for the year ending December 31, 2023, a -2.68% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Cresco Labs Inc. Gross Profit Margin for the year ending December 31, 2022 was 48.30%, a -2.33% change year over year.
  • Cresco Labs Inc. Gross Profit Margin for the year ending December 31, 2021 was 49.45%, a -17.05% change year over year.
  • Cresco Labs Inc. Gross Profit Margin for the year ending December 31, 2020 was 59.62%, a 19.59% change year over year.
  • Cresco Labs Inc. Gross Profit Margin for the year ending December 31, 2019 was 49.86%, a -46.65% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Canadian Sec Stock Exchange: CL.CN

Cresco Labs Inc.

CEO Mr. Charles Bachtell
IPO Date Aug. 8, 1996
Location United States
Headquarters 400 West Erie Street
Employees 2,760
Sector Consumer Staples
Industries
Description

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 December 6, 2022, it owned and operated 55 dispensaries. The company was founded in 2013 and is headquartered in Chicago, Illinois.

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StockViz Staff

January 15, 2025

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