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Cresco Labs Inc. (CL.CN)
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Any early ballpark estimates for earnings?
I love it when a plan comes together. CRLBF adding to yesterday's gains as other cannibas plays giving some back. It may not go straight up but it may have put in a bottom. Stay long.
The pressure on politicians to legalize MJ is really ramping up. States like PA and OH have seen Republicans jump on board because neighbors are eating their lunch.
Here’s what I know about The USA. The $ wins every time. It doesn’t matter if they like MJ, they will all eventually jump on board because if the money it brings in.
Don’t sell too soon. CRLBF will most certainly jump above $25.
One day we will be seeing a 50 million plus trading day.
Excellent news from New York State. The State department for employees announced today that employers can no longer test employees for marijuana, except in a few cases.
Safe banking has arrived without it being passed. Great news indeed
The biggest issue most people will have to deal with is selling too soon. It’s a rookie mistake .
Just hold on for the big move over $20.
This is good news. Cresco got approval to move down Clark Street into a much larger building which can accommodate 2,000 customers per day. It’s about a block from Wrigley Field.
Sentiment is okay extremely important to the price of any stock or commodity. It was just a year ago that they were giving oil away now it’s $83.00
I believe sentiment will shift to the positive side again very soon. This business is booming!!
Once it does shift look for at least a 100-200% gain in the near term.
Banks And Credit Unions Are Now Opening Accounts For Marijuana And Cannabis Businesses
Oct 19, 2021, 08:55 ET
SAN FRANCISCO, Oct. 19, 2021 : StandardC, Inc., a leading FinTech focused on Marijuana Related Business (MRB) banking compliance, announced that its growing network now has the capacity to serve over 1,500 CRBs and accept deposits of over $1.3 billion.
Generational wealth creation has started.
Recently, i helped my 2 sons (ages 21 and 18) opened trading accounts and gave them $25,000 each. They're buying Cresco shares this week. Welcome to the Cresco family boys. I'm a proud Dad. :-)
Take a look at the insane amount of job openings Cresco has. This company is expanding like no other.
Go look at Tesla today everyone... and their 2021 graph. Go look.
is Greg psaki a capitalist
Representatives to push adult-use marijuana bill in Ohio
JEFFERSON COUNTY, Ohio — An adult use marijuana bill could soon be available for Ohioans ages 21 and over with new legislation by two *Republican* House representatives.
Fingers crossed that Cresco gets one of the New Jersey adult use licenses but that is more likely a 2023 story. For 2022 the attention will be wholesale penetration into the 185 new Illinois stores, preparing for adult use legalization in Pennsylvania, huge cultivation and manufacturing projects in Carpinteria California and Ulster County New York, expansion of Yellow Springs Ohio site by 70k sq ft, rollout of initial harvests into Michigan, and opening of new Florida stores. Revenue expectations for next year are $1.2 billion but I think it will be a good bit higher.
Ugh. Illinois judge consolidated the dispensary license lawsuits so the 185 new licenses still in limbo. Next court hearing October 28 but as noted in the article ‘In the meantime, all the applicants have been burning money to maintain properties or employees, while not being able to open their businesses.’
Sorry Ignore that link here it is
We need a good surge to rattle the shorts.
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