How high will Cresco Labs stock go?

How high will Cresco Labs stock go?

Stock Price Forecast

The 17 analysts offering 12-month price forecasts for Cresco Labs Inc have a median target of 12.70, with a high estimate of 28.61 and a low estimate of 6.37. The median estimate represents a +136.27% increase from the last price of 5.38.

Similarly, Is CRLBF a good stock to buy?

Cresco Labs has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Is Crlbf on Webull? CRLBF – Stock Quotes for Cresco Labs – Webull. The average CRLBF stock price target is 16.00 with a high estimate of 19.00 and a low estimate of 14.00.

Thereof, Does Cresco labs pay a dividend?

Does Cresco issue dividends? No. The Company does not expect to issue dividends.

Who runs Cresco?

History. Cresco Labs was founded in 2013 by Charlie Bachtell, who currently serves as CEO, and Joe Caltabiano, who served as president until resigning on March 2, 2020. The co-founders met in 2007 while working together at Guaranteed Rate, a mortgage company based in Chicago.

Is Tcnnf a buy?

According to the issued ratings of 10 analysts in the last year, the consensus rating for Trulieve Cannabis stock is Buy based on the current 10 buy ratings for TCNNF. The average twelve-month price target for Trulieve Cannabis is $69.89 with a high price target of $135.00 and a low price target of $47.00.

What companies does Cresco Labs own?

About Cresco Labs Inc

Its brands include Cresco, High Supply, Mindy’s Edibles, Good News, Remedi, Wonder Wellness Co. and FloraCal Farms. Sunnyside, the Company’s national dispensary brand, is a wellness-focused retailer.

Is Cresco Labs a US stock?

CRLBF | Cresco Labs Inc. Stock Overview (U.S.: OTC) | Barron’s.

How long has Cresco Labs been in business?

Ty Gent joined Cresco Labs with more than 35 years of CPG and supply chain leadership experience.

Cresco Labs (CSE: CL) (OTCQX: CRLBF) – Investor Dashboard.

Employees: ~3500 as of Jan 2022
Established: 2013
CEO: Charles Bachtell

Is Trulieve overpriced?

Right now, Trulieve is a little expensive at 9.1 times book value, 8.9 times revenue, and 56 times earnings.

Is Trulieve a buy Zacks?

Trulieve Cannabis has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.

What company owns Trulieve?

The addition of Harvest Health & Recreation means that Trulieve (ticker: TCCNF) has nearly 150 stores in 11 states and 3 million square feet of marijuana cultivation.

Is Cresco Labs a buy?

After the deal was announced, shares of Cresco Labs fell 6%, while Columbia Care stock rose 1.3%. The companies said the deal will create the largest multi-state operator in the U.S. Jefferies analyst Owen Bennett reiterated a buy rating on Cresco which he counts as a top pick.

Is Cresco a high supply?

High Supply is available in California, Illinois and Arizona. For more information, please visit HighSupplyOfficial.com. Cresco Labs is one of the largest vertically integrated, multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry.

Does Cresco own high supply?

Cresco Labs Launches New Value Brand, High Supply, for Cannabis Consumers on a Budget.

Is Cresco Labs OTC stock?

Stock Quote ( U.S.: OTC ) | MarketWatch.

$ 5.60.

Close Chg Chg %
$5.60 -0.27 -4.60%

How many locations does Cresco Labs have?

Our 47 operational dispensaries give us the ability to not only sell our own products but focus on educating and building trust within the surrounding communities.

Who owns Crlbf stock?

Top Institutional Holders

Holder Shares Value
Gofen & Glossberg LLC 99,150 661,330
HighPoint Advisor Group LLC 57,806 536,439
Rothschild Investment Corporation 38,400 256,128
Bridges Investment Management, Inc. 15,443 103,004

Is Cresco a good brand?

Cresco provides a good quality distillate but it falls short in a couple key areas that prevent it from ranking among the best. One would expect better out of such a well established company.

Is Cresco Labs a U.S. or Canadian Company?

Cresco Labs (CSE: CL) (OTCQX: CRLBF), based in Chicago, is a leading U.S. cannabis company with experienced management, access to capital and a demonstrated growth strategy.

What brands does Trulieve own?

  • Brands.
  • Cultivar Collection.
  • Momenta.
  • Muse.
  • Sweet Talk.
  • Alchemy.
  • Avenue.
  • Co2lors.

How much money did Trulieve make in 2020?

Gross profit of $153.9 million and gross margin of 68.7% compared to gross profit of $102.2 million and gross margin of 75.0% in the third quarter 2020. Net income of $18.6 million , impacted by $16.4 million of one-time compensation and transaction costs primarily associated with the Harvest acquisition.

How many states is Curaleaf in?

Headquartered in Wakefield, Massachusetts, Curaleaf has a presence in 23 states, and owns and operates 128 dispensaries and 26 cultivation sites with a focus on highly populated states including Arizona, Florida, Illinois, Massachusetts, New Jersey, New York, and Pennsylvania.

What is the future of Tilray stock?

The analysts following Tilray expect it to perhaps double its 2021 revenues in fiscal 2022. That means that it is possible for Tilray to reach $4 billion in 2024 if its trajectory continues as it has. In other words, it doubles in 2022 to reach $1 billion in revenue.

Can I invest in Trulieve?

Shares of Trulieve cannot be purchased directly from the company, however, stock can be purchased through brokerage firms. What is the ticker symbol for Trulieve? Trulieve is traded on the Canadian Securities Exchange (CSE) under the ticker symbol “TRUL” and on the OTCQX Best Market under the ticker « TCNNF ».

What is the target price for Trulieve?

Stock Price Target

High $100.41
Low $30.42
Average $53.63
Current Price $18.57

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