Cresco Labs Revenue and Competitors

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Chicago, IL USA

Location

$522.5M

Total Funding

Cannabis

Industry

Estimated Revenue & Valuation

  • Cresco Labs's estimated annual revenue is currently $690.7M per year.(i)
  • Cresco Labs received $100.0M in venture funding in October 2018.
  • Cresco Labs's estimated revenue per employee is $386,100
  • Cresco Labs's total funding is $522.5M.

Employee Data

  • Cresco Labs has 1789 Employees.(i)
  • Cresco Labs grew their employee count by 29% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$563.6M6332%$48.6M$3.3B
#2
$300M241010%$560.5MN/A
#3
$27.1M1948%$89.5MN/A
#4
$45.2M225-50%N/AN/A
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Cresco Labs is a medical cannabis cultivation and manufacturing company dedicated to providing reliable relief to patients across the country. With a careful and compassionate focus on patients, we spend hours on research and development for each of our products. In an effort to provide the most delicious, consistently-dosed edible medicine on the marketplace, we've partnered with James Beard Award-Winning Pastry Chef Mindy Segal to create a line of edibles that is unmatched by any other cannabis manufacturer. Cresco leads the nation's cannabis industry with a focus on regulatory compliance, patient safety, and satisfaction. Every team member at our state-of-the-art facilities works with thoughtfulness and unparalleled expertise through every step of the process; from grow and extraction to packaging and delivery. Founded in 2013 and headquartered in Chicago, IL, Cresco has established a presence in Illinois, Pennsylvania, Nevada, California, Arizona and Ohio. As we continue to expand our operations, our goal remains - to provide patients across the country with relief. Welcome to Cresco - welcome to a state of relief

keywords:Healthcare, Medical, Pharmaceuticals, Consumer Goods, Canada

$522.5M

Total Funding

1789

Number of Employees

$690.7M

Revenue (est)

29%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Cresco Labs News

2022-04-17 - Cresco Labs: New Jersey Boost, But No Federal Help

Cresco Labs hit yearly lows following the delay of the CAOA bill from Schumer. The MSO is poised to become the largest cannabis company with...

2022-04-17 - Cresco Labs seeks $38 million in tax breaks for cannabis facility

Cresco Labs, which operates 21 marijuana cultivation and production facilities nationwide, is seeking a 15-year, payment-in-lieu-of-taxes (PILOT)...

2022-03-30 - How Cresco is Combining with Columbia Care to Create a ...

Exclusive Interview with Cresco Labs CEO Charlie Bachtell and Columbia Care CEO Nicholas Vita. Cresco Labs (CSE: CL) (OTCQX: CRLBF)...

2021-10-25 - Cresco Labs : rsquo; “Summer of Social Justice” Initiative Raised Over $250,000 and Supported the Expungement Process for Over 1,000 People With Cannabis-Related Criminal Records

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today its “Summer of Social Justice” nationwide initiative raised over $250,000 for social justice-focused c ...

2021-05-03 - Cresco Labs Inc. (CRLBF) Announces Expiration of HSR Act Waiting Period for the Proposed

May 3, 2021 5 min read This story originally appeared on MarijuanaStocks Cresco Labs Announces Expiration of HSR Act Waiting Period for the Proposed CRLBF Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. w ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$526.6M17913%N/A
#2
$300M1796N/AN/A
#3
$828.4M18049%N/A
#4
$582.2M1832-88%N/A
#5
$744.2M18332%N/A

Cresco Labs Funding

DateAmountRoundLead InvestorsReference
2018-10-08$100.0MUndisclosedArticle

Cresco Labs Executives


NameTitle
Greg ButlerChief Commercial Officer
Ty GentChief Operating Officer
Angie DemchenkoChief People Officer
Dennis OlisChief Financial Officer
Charlie BachtellFounder and CEO
Jason ErkesChief Communications Officer/Spokesperson
Zach MarburgerChief Information Officer
Stephanie StarkExecutive Assistant to CEO & Co-Founder / Chairman of the Board
Stephanie StarkExecutive Assistant to CEO & Co-Founder / Chairman of the Board
Angelique NievesCoodinator, Community Integration
Kim WittSenior Vice President, HR - Commercial and Corporate Functions
Colette De AquinoVice President Human Resources
Hennie MyburghSVP Innovation & Optimization
Cory RothschildSVP of Brand Marketing
Jerome BlazekSenior Vice President Human Resources - Retail (Sunnyside*)
Cristobal RiveraRegional President, Florida
Stephanie GoreckiVice President, Product Development
Catherine O'Connor KlingerSenior Vice President
Francine NiemiecSVP, Real Estate, Construction and Engineering
Martin McDonnellSenior Vice President of Development & Construction
Todd WestExecutive Vice President Of Operations
John SullivanExecutive Vice President
Joseph KukecVP, Technology Portfolio Management
Nathan ReidVice President, Commercial Strategy
Katie BellVice President Talent Acquisition
Barrington RutherfordSenior Vice President, Real Estate and Community Integration
Megan KulickSenior Vice President of Investor Relations
Ryan ThomasVice President Food Operations
Tyler NielsenVP - Sales & Operations Planning
Joe JohnsonVP Manufacturing Automation
Cora ColvinEVP Compliance
Sean McAlisterEVP Sales, North America
Donny TrivisonnoEVP - Planning & Insights
Stephanie DiBurroSenior Vice President, HR Operations
Scott GoldenVice President, Public Affairs
Jenny SturchVice President PMO
John FigoneSenior Vice President of Business Development
David SanchezVP of Manufacturing, West Region
Tai D.Vice President, Community Integration
Dana MasonVice President, Wholesale Marketing
Drew DuvalSenior Vice President
Ben AllmandVice President of Compliance
William ButlerSenior Vice President, Retail
Terry ColeVice President, M&A and Integration
Erin BlankenbergerVP, Ethics and Compliance
Mykel SelphVP of Social Equity and Educational Development (SEED)
Jared FryksdaleVice President Compensation
Joseph AlesSenior Vice President of Operations
Angela BalduzziVice President, Ethics & Compliance
Katherine CiambroneExecutive Vice President, Office of Ethics & Compliance
Philip GolobishVP, Product Development
Maxwell SalingerVice President of Technical Cultivation
Colette AquinoVice President, Human Resources
Nate ReidSenior Vice President, Commercial Strategy
Stephanie DiBurroSenior Vice President, HR Operations
Lane GogginVice President, Retail Marketing
Jim KeblingerSr Vice President, Operations - West Region
Lindsey DadourianSenior Vice President, Human Resources
David CritchfieldVice President Operations