Cresco Labs reveals Q1 2026 financials, progresses growth plans.

In a recent report, it was stated that the quarterly earnings of the company had surged by 15%, reaching a record high of $500 million. This growth was attributed to a significant increase in sales, particularly in the international market, which saw a 20% rise. The company also noted a 10% growth in their customer base, with their total number of customers now standing at 1.5 million. In response to these positive results, the company announced plans to expand its operations and open 10 new stores in the coming year. Additionally, they revealed their intention to invest $50 million in research and development to further enhance their product offerings.