One of the largest U.S. cannabis chains, Cresco Labs, on Wednesday reported $43 million in sales for 2018. Including the sales of its soon-to-be-acquired peer Origin House, revenue would have been $76 million.
Chief executive Charlie Bachtell told his conference call listeners that he’s optimistic that the federal government will ease its cannabis prohibitions in the next 12 to 18 months. Federal legalization has bipartisan support among 2020 election candidates, even in our highly-divided country. “From a political standpoint,”... Subscribe or Sign In to continue reading.
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