Increase In Cannabis Net Sales For Cresco Labs in 2021
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Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]
MORE Act Gets Congressional Vote….Again
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MORE Act Gets Congressional Vote….Again In December of 2020, the MORE Act was passed by the U.S. House of Representatives by a margin of 228-164. However, the Senate didn’t take any action on the measure and it had to start over after the new Congress was sworn in. On May 28, 2021, Rep. Jerrold Nadler […]