Cresco Labs Inc.

CNSX:CL Stock Report

Market Cap: CA$574.1m

Cresco Labs Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Charlie Bachtell

Chief executive officer

US$450.0k

Total compensation

CEO salary percentage100.0%
CEO tenure6.1yrs
CEO ownership0.6%
Management average tenure5.2yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Cresco Labs Inc. (CSE:CL) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Dec 14
Cresco Labs Inc. (CSE:CL) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Getting In Cheap On Cresco Labs Inc. (CSE:CL) Is Unlikely

Oct 24
Getting In Cheap On Cresco Labs Inc. (CSE:CL) Is Unlikely

Cresco Labs Inc. (CSE:CL) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Aug 11
Cresco Labs Inc. (CSE:CL) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Are Investors Undervaluing Cresco Labs Inc. (CSE:CL) By 34%?

Jul 17
Are Investors Undervaluing Cresco Labs Inc. (CSE:CL) By 34%?

Here's Why Cresco Labs (CSE:CL) Has A Meaningful Debt Burden

Jun 19
Here's Why Cresco Labs (CSE:CL) Has A Meaningful Debt Burden

Cresco Labs Inc.'s (CSE:CL) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jun 19
Cresco Labs Inc.'s (CSE:CL) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Cresco Labs Inc. (CSE:CL) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$5.41

Mar 16
Cresco Labs Inc. (CSE:CL) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$5.41

Investors Don't See Light At End Of Cresco Labs Inc.'s (CSE:CL) Tunnel And Push Stock Down 32%

Mar 03
Investors Don't See Light At End Of Cresco Labs Inc.'s (CSE:CL) Tunnel And Push Stock Down 32%

Cresco Labs (CSE:CL) Seems To Be Using A Lot Of Debt

Jan 26
Cresco Labs (CSE:CL) Seems To Be Using A Lot Of Debt

Risks To Shareholder Returns Are Elevated At These Prices For Cresco Labs Inc. (CSE:CL)

Jan 04
Risks To Shareholder Returns Are Elevated At These Prices For Cresco Labs Inc. (CSE:CL)

Is Cresco Labs (CSE:CL) Using Too Much Debt?

Sep 22
Is Cresco Labs (CSE:CL) Using Too Much Debt?

Some Confidence Is Lacking In Cresco Labs Inc. (CSE:CL) As Shares Slide 33%

Aug 11
Some Confidence Is Lacking In Cresco Labs Inc. (CSE:CL) As Shares Slide 33%

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)

CEO Compensation Analysis

How has Charlie Bachtell's remuneration changed compared to Cresco Labs's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$67m

Jun 30 2024n/an/a

-US$172m

Mar 31 2024n/an/a

-US$155m

Dec 31 2023US$450kUS$450k

-US$176m

Sep 30 2023n/an/a

-US$339m

Jun 30 2023n/an/a

-US$234m

Mar 31 2023n/an/a

-US$211m

Dec 31 2022US$1mUS$450k

-US$212m

Sep 30 2022n/an/a

-US$65m

Jun 30 2022n/an/a

-US$326m

Mar 31 2022n/an/a

-US$318m

Dec 31 2021US$1mUS$450k

-US$320m

Sep 30 2021n/an/a

-US$360m

Jun 30 2021n/an/a

-US$73m

Mar 31 2021n/an/a

-US$105m

Dec 31 2020US$538kUS$450k

-US$102m

Sep 30 2020n/an/a

-US$76m

Jun 30 2020n/an/a

-US$98m

Mar 31 2020n/an/a

-US$64m

Dec 31 2019US$676kUS$350k

-US$43m

Sep 30 2019n/an/a

-US$20m

Jun 30 2019n/an/a

-US$14m

Mar 31 2019n/an/a

-US$12m

Dec 31 2018US$924kUS$350k

-US$2m

Sep 30 2018n/an/a

US$460k

Jun 30 2018n/an/a

US$1m

Mar 31 2018n/an/a

US$957k

Dec 31 2017US$188kUS$188k

-US$3m

Compensation vs Market: Charlie's total compensation ($USD450.00K) is below average for companies of similar size in the Canadian market ($USD1.18M).

Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.

CEO

Charlie Bachtell (45 yo)

6.1yrs

Tenure

US$450,000

Compensation

Mr. Charles Bachtell, also known as Charlie, serves as Co-Founder and Chief Executive Officer at Cresco Labs Inc. (formerly known as Cresco Labs, LLC) and has been its Director since November 2018. Mr. Bac...

Leadership Team

NamePositionTenureCompensationOwnership
Charles Bachtell
Co-Founderno dataUS$450.00k0.58%
CA$ 3.3m
Gregory Butler
President & Chief Transformation Officerless than a yearUS$533.50k0.023%
CA$ 134.7k
Robert Sampson
Co-Founder & Independent Directorno dataUS$72.50k0.12%
CA$ 690.7k
Sharon Schuler
Chief Financial Officerless than a yearno datano data
Ty Gent
Chief Operating Officer3.8yrsno datano data
Zach Marburger
Chief Information Officerno datano data0.035%
CA$ 203.3k
John Schetz
General Counsel6.5yrsno data0.027%
CA$ 156.0k
Jason Erkes
Chief Communications Officer6.1yrsno data0.081%
CA$ 462.4k
Angie Demchenko
Chief People Officer5.4yrsno data0.018%
CA$ 103.5k
Joseph Ales
Senior VP of Operationsno datano datano data
Todd West
Executive Vice President of Operations6.9yrsno datano data
Drew Duval
Senior Vice President of Cultivation4.9yrsno datano data

5.2yrs

Average Tenure

47yo

Average Age

Experienced Management: CL's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Charles Bachtell
Co-Founder6.1yrsUS$450.00k0.58%
CA$ 3.3m
Robert Sampson
Co-Founder & Independent Director6.1yrsUS$72.50k0.12%
CA$ 690.7k
Marc Lustig
Independent Director4.9yrsUS$65.00k0.012%
CA$ 67.1k
Gerald Corcoran
Independent Director6.1yrsUS$87.50k0.11%
CA$ 640.4k
Thomas J. Manning
Chairman of the Board6.1yrsUS$92.81k0.067%
CA$ 384.8k
Michele Roberts
Independent Director4.5yrsUS$116.00k0.0057%
CA$ 32.9k
Randy Podolsky
Independent Director6.1yrsUS$80.00k0.021%
CA$ 121.9k

6.1yrs

Average Tenure

67yo

Average Age

Experienced Board: CL's board of directors are considered experienced (6.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cresco Labs Inc. is covered by 19 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aaron GreyAlliance Global Partners
Frederico Yokota Choucair GomesATB Capital Markets
Kenric TygheATB Capital Markets