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CL

Cresco Labs CNSX:CL Stock Report

Last Price

CA$2.47

Market Cap

CA$992.7m

7D

-4.3%

1Y

-67.9%

Updated

26 Jan, 2023

Data

Company Financials +

CL Stock Overview

Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States.

CL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

New

Notes are coming soon

Cresco Labs Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cresco Labs
Historical stock prices
Current Share PriceCA$2.47
52 Week HighCA$10.36
52 Week LowCA$2.29
Beta2.33
1 Month Change-5.00%
3 Month Change-40.34%
1 Year Change-67.92%
3 Year Change-69.16%
5 Year Changen/a
Change since IPO-62.29%

Recent News & Updates

Cresco Labs (CSE:CL) Has A Somewhat Strained Balance Sheet

Jan 25
Cresco Labs (CSE:CL) Has A Somewhat Strained Balance Sheet

Are Investors Undervaluing Cresco Labs Inc. (CSE:CL) By 24%?

Dec 13
Are Investors Undervaluing Cresco Labs Inc. (CSE:CL) By 24%?

Recent updates

Cresco Labs (CSE:CL) Has A Somewhat Strained Balance Sheet

Jan 25
Cresco Labs (CSE:CL) Has A Somewhat Strained Balance Sheet

Are Investors Undervaluing Cresco Labs Inc. (CSE:CL) By 24%?

Dec 13
Are Investors Undervaluing Cresco Labs Inc. (CSE:CL) By 24%?

We Think Cresco Labs (CSE:CL) Is Taking Some Risk With Its Debt

Aug 22
We Think Cresco Labs (CSE:CL) Is Taking Some Risk With Its Debt

Estimating The Intrinsic Value Of Cresco Labs Inc. (CSE:CL)

May 23
Estimating The Intrinsic Value Of Cresco Labs Inc. (CSE:CL)

Cresco Labs Inc. (CSE:CL) Analysts Are Way More Bearish Than They Used To Be

Mar 24
Cresco Labs Inc. (CSE:CL) Analysts Are Way More Bearish Than They Used To Be

Estimating The Fair Value Of Cresco Labs Inc. (CSE:CL)

Feb 02
Estimating The Fair Value Of Cresco Labs Inc. (CSE:CL)

Cresco Labs Inc. (CSE:CL) Shares Could Be 41% Below Their Intrinsic Value Estimate

Oct 27
Cresco Labs Inc. (CSE:CL) Shares Could Be 41% Below Their Intrinsic Value Estimate

Cresco Labs (CSE:CL) Takes On Some Risk With Its Use Of Debt

Oct 06
Cresco Labs (CSE:CL) Takes On Some Risk With Its Use Of Debt

Cresco Labs Inc. (CSE:CL) Just Reported Annual Earnings And Analysts Are Lifting Their Estimates

Mar 27
Cresco Labs Inc. (CSE:CL) Just Reported Annual Earnings And Analysts Are Lifting Their Estimates

Breakeven Is Near for Cresco Labs Inc. (CSE:CL)

Mar 15
Breakeven Is Near for Cresco Labs Inc. (CSE:CL)

The Cresco Labs (CSE:CL) Share Price Is Up 177% And Shareholders Are Boasting About It

Feb 22
The Cresco Labs (CSE:CL) Share Price Is Up 177% And Shareholders Are Boasting About It

Calculating The Fair Value Of Cresco Labs Inc. (CSE:CL)

Feb 01
Calculating The Fair Value Of Cresco Labs Inc. (CSE:CL)

Did Cresco Labs Inc. (CSE:CL) Insiders Sell Shares?

Jan 11
Did Cresco Labs Inc. (CSE:CL) Insiders Sell Shares?

What Type Of Shareholders Make Up Cresco Labs Inc.'s (CSE:CL) Share Registry?

Dec 25
What Type Of Shareholders Make Up Cresco Labs Inc.'s (CSE:CL) Share Registry?

Does Cresco Labs (CSE:CL) Have A Healthy Balance Sheet?

Dec 07
Does Cresco Labs (CSE:CL) Have A Healthy Balance Sheet?

If You Had Bought Cresco Labs (CSE:CL) Shares A Year Ago You'd Have Earned 55% Returns

Nov 20
If You Had Bought Cresco Labs (CSE:CL) Shares A Year Ago You'd Have Earned 55% Returns

News Flash: Analysts Just Made A Substantial Upgrade To Their Cresco Labs Inc. (CSE:CL) Forecasts

Nov 20
News Flash: Analysts Just Made A Substantial Upgrade To Their Cresco Labs Inc. (CSE:CL) Forecasts

Shareholder Returns

CLCA PharmaceuticalsCA Market
7D-4.3%-3.5%0.7%
1Y-67.9%-59.3%-0.4%

Return vs Industry: CL underperformed the Canadian Pharmaceuticals industry which returned -59.9% over the past year.

Return vs Market: CL underperformed the Canadian Market which returned -0.2% over the past year.

Price Volatility

Is CL's price volatile compared to industry and market?
CL volatility
CL Average Weekly Movement12.9%
Pharmaceuticals Industry Average Movement14.1%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.5%
10% least volatile stocks in CA Market3.9%

Stable Share Price: CL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CL's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19903,300Charlie Bachtellhttps://www.crescolabs.com

Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co. brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand, as well as cannabis products under the Reserve brand. The company also offers cannabis flowers under the FloraCal brand; and chocolate and toffee confections, fruit-forward gummies, hard sweets, and taffy under the Mindy’s Edibles brand, as well as licenses the Kiva brand, which produces cannabis infused edibles, including chocolate confections, gummies, mints, and tarts.

Cresco Labs Inc. Fundamentals Summary

How do Cresco Labs's earnings and revenue compare to its market cap?
CL fundamental statistics
Market CapCA$992.71m
Earnings (TTM)-CA$87.60m
Revenue (TTM)CA$1.13b

0.7x

P/S Ratio

-8.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CL income statement (TTM)
RevenueUS$842.04m
Cost of RevenueUS$401.69m
Gross ProfitUS$440.35m
Other ExpensesUS$505.79m
Earnings-US$65.44m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.22
Gross Margin52.30%
Net Profit Margin-7.77%
Debt/Equity Ratio51.8%

How did CL perform over the long term?

See historical performance and comparison