Chicago-based Cannabis giant Cresco Labs loss widens on $61M charge for taxes

On: August 8, 2024

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Cannabis News
August 8, 2024

Revenue remains about flat at $184 million. Cannabis retailer Cresco Labs Inc. said Thursday its second-quarter loss widened on a $61 million charge related to its tax position, as revenue remained about flat. Cresco Labs said it lost $51.18 million in the quarter, after losing $2.06 million in the

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