Marijuana firm Cresco Labs posts $3.9 million net income in third quarter

MJBizDaily
By Lisa Bernard-KuhnDec 11, 2018, 4:01 pm282 pts
Chicago-based Cresco Labs posted $3.9 million in net income in its fiscal third quarter, reversing its year-ago loss of $200,000. The multistate cannabis operator saw revenues spike 335% in the quarter to $12.2 million compared to the same period in 2017. Year-to-date revenue was up nearly 250% to $25.1…

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