Increase In Cannabis Net Sales For Cresco Labs in 2021

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

MoreAct

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 […]