Cresco Labs reports increased marijuana revenue, net quarter loss

MJBizDaily
By Bart SchanemanAug 21, 2019, 5:01 pm381 pts
Cresco Labs, a multistate cannabis company based in Chicago, on Wednesday reported revenue of $29.9 million for the second quarter, up 253% from the same period a year ago. Net loss for the quarter, ending June 30, was $3.9 million, compared with net income of $1.6 million for the prior-year period. Cresco…

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