<div id="readability-page-1"><p>Shares of Cresco Labs Inc. (OTCMKTS:CRLBF - Get Free Report) have received a consensus recommendation of &#34;Buy&#34; from the seven brokerages that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $16.00.</p><ul><li>Cresco Labs Is Leading The U.S. Cannabis Market </li></ul><p>CRLBF has been the topic of several recent research reports. Wedbush increased their price objective on shares of Cresco Labs from $2.50 to $3.00 and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, May 16th. Ventum Cap Mkts raised Cresco Labs to a &#34;strong-buy&#34; rating in a research note on Friday. Needham &amp; Company LLC reaffirmed a &#34;hold&#34; rating on shares of Cresco Labs in a report on Thursday, May 16th. Finally, Roth Capital upgraded Cresco Labs from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Friday.</p><p><b>Read Our Latest Stock Analysis on CRLBF</b></p><h2>Cresco Labs Trading Down 4.0 %</h2><ul><li>Two More Reasons To Bet Big On U.S. Cannabis</li></ul><p>Shares of CRLBF opened at $1.56 on Friday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.89 and a current ratio of 1.36. Cresco Labs has a 52-week low of $1.00 and a 52-week high of $2.77. The business's fifty day moving average is $1.65 and its 200-day moving average is $1.89. The firm has a market cap of $761.50 million, a price-to-earnings ratio of -3.32 and a beta of 1.86. </p><p>Cresco Labs (OTCMKTS:CRLBF - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.15). Cresco Labs had a negative return on equity of 6.78% and a negative net margin of 20.32%. The company had revenue of $184.36 million for the quarter, compared to analysts' expectations of $184.26 million. Equities analysts anticipate that Cresco Labs will post -0.03 EPS for the current fiscal year. </p><h2>About Cresco Labs</h2> (Get Free Report<ul><li>Cresco Labs <span>OTCMKTS: CRLBF<span></span></span> Accelerates To Profits In Q3</li></ul><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Cresco Labs</li><li>What Investors Must Know About Over-the-Counter (OTC) Stocks</li><li>Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?</li><li>How to Invest in the Best Canadian Stocks </li><li>MarketBeat Week in Review – 8/5 - 8/9</li><li>The How And Why of Investing in Oil Stocks</li><li>The Cannabis Sector: Profitability Takes Center Stage</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU9UQ01LVFMmU3ltYm9sPUNSTEJG?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU9UQ01LVFMmU3ltYm9sPUNSTEJG"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ US developing “war ending superweapon”? <span><span>(From Paradigm Press)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTMw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTMw"/></p><h2>Should you invest $1,000 in Cresco Labs right now?</h2><p>Before you consider Cresco Labs, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cresco Labs wasn't on the list.</p><p>While Cresco Labs currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

CRLBF

<p>Cresco Labs Inc. has received a consensus "Buy" recommendation from analysts. The stock has two hold ratings, three buy ratings, and two strong buy ratings. The average target price is $16.00. Cresco Labs is a leading company in the U.S. cannabis market. The company reported negative earnings per share for the quarter and a negative net margin. The company's stock price opened at $1.56.</p>

Cresco Labs Inc. (OTCMKTS:CRLBF) Receives Consensus Recommendation of "Buy" from Analysts