US EditionCresco Labs becomes latest operator to bail on California weed sector
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Mugglehead Magazine
Mugglehead MagazineCresco Labs becomes latest operator to bail on California weed sector
Cresco Labs Inc (CNSX: CL) (OTCMKTS: CRLBF) (FRA: 6CQ) has become the latest public cannabis cultivator to shutter its operations in California due to economically unfeasible market conditions. In a news release on Monday, the multi-state operator announced plans to sell its Santa Rosa cultivation and packaging operations and a series of other manufacturing and distribution assets. Cresco Labs is yet to secure buyers for these facilities. The st…
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