Cannabis News

2020 Program Focused on Building Local Communities

Cresco Labs (CSE:CL) (OTCQX:CRLBF) ("Cresco Labs" or "the Company"), one of the largest vertically integrated, multistate cannabis operators in the United States, announced today its employees volunteered over 5,000 service hours during a seven-month period in 2020 as part of Cresco's "Make a Difference" initiative.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210118005061/en/

Employees from Cresco Labs contributed over 5,000 hours of service as part of Cresco's

Employees from Cresco Labs contributed over 5,000 hours of service as part of Cresco's "Make a Difference" initiative (Photo: Business Wire)

Established in June, 2020 as a public statement in response to the tragic killings of George Floyd, Breonna Taylor, Ahmaud Arbery, and many other Black Americans, the team members at Cresco Labs committed to contributing 5,000 hours of service in furtherance of bettering the communities where they live around the country. The team was intent on demonstrating their support and involvement in one of the largest social justice movements in modern history through action. Team members across all parts of the organization committed to volunteer services in 28 cities across eight states, participating in more than 75 volunteer activities that supported over 50 community-based organizations.

"As stewards of the cannabis industry and good corporate citizens of this country, we have an obligation to use our considerable platform to promote progress and support the communities where we work and live. This is fundamental to our vision of being the most important company in the industry and the responsibilities that such a vision requires," said Charlie Bachtell, CEO and Co-Founder of Cresco Labs. "2020 tested our resilience as a nation and shaped our humanity and culture in such a profound way. Although the global pandemic brought some challenges to volunteering, our team members persevered because corporate social responsibility, volunteerism, community support, and social justice and social equity activism are all built into the fabric of who we are as a company. It is truly incredible that our team members achieved over 5,000 hours of community service in just seven months, and I'm so proud of them for their efforts."

Tai Duncan, Cresco's Vice President of Community Integration, added, "We are so proud to have such passionate and hard-working staff who contributed their time, expertise and funds to this initiative. They truly did make a difference, building meaningful relationships along the way. Cresco Labs is committed to continuing this effort in 2021 and beyond."

2020 Volunteerism Highlights:

  • Cresco Labs employees volunteered in 28 cities throughout California, Arizona, Illinois, Michigan, Ohio, Pennsylvania, Massachusetts and New York.
  • Supported more than 50 local organizations and assisted thousands of people and hundreds of neighborhoods with their specific needs.
  • Collaborated with a diverse group of institutions focused on veterans, social justice, food insecurity, COVID-19 relief, mental health, environmental conservation, homelessness and low-income families, and individuals with disabilities.
  • Packaged and distributed nearly 10,000 pounds of food and produce.
  • Picked up more than 100,000 pounds of trash at parks, canals, forest preserves and beaches.
  • Wrote and mailed hundreds of letters to individuals incarcerated for cannabis-related offenses, elderly people and those in need of emotional support.
  • Collected and purchased hundreds of clothing and personal care items for families and individuals in need.
  • Donated toys, decorations and supplies to bring joy during the holiday season.

Cresco's corporate social responsibility strategies are designed with a commitment to serving and collaborating with the communities in which it operates in ways that align with the Company's overarching goals and core values.

About Cresco Labs

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. Employing a consumer-packaged goods ("CPG") approach, Cresco Labs is the largest wholesaler of branded cannabis products in the U.S. Its brands are designed to meet the needs of all consumer segments and comprised of some of the most recognized and trusted brands including Cresco, Remedi, High Supply, Cresco Reserve, Good News, Wonder Wellness, FloraCal Farms and Mindy's Chef Led Artisanal Edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside, Cresco Labs' national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs operates the industry's largest Social Equity and Educational Development initiative, SEED, which was established to ensure that all members of society have the skills, knowledge and opportunity to work and own businesses in the cannabis industry. Learn more about Cresco Labs at CrescoLabs.com .

Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as, ‘may,' ‘will,' ‘should,' ‘could,' ‘would,' ‘expects,' ‘plans,' ‘anticipates,' ‘believes,' ‘estimates,' ‘projects,' ‘predicts,' ‘potential' or ‘continue' or the negative of those forms or other comparable terms. The Company's forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to those risks discussed under "Risk Factors" in the company's Annual Information Form dated April 28, 2020, and other documents filed by the Company with Canadian securities regulatory authorities; and other factors, many of which are beyond the control of the Company. Readers are cautioned that the foregoing list of factors is not exhaustive. Because of these uncertainties, you should not place undue reliance on the Company's forward-looking statements. No assurances are given as to the future trading price or trading volumes of Cresco's shares, nor as to the Company's financial performance in future financial periods. The Company does not intend to update any of these factors or to publicly announce the result of any revisions to any of the Company's forward-looking statements contained herein, whether as a result of new information, any future event or otherwise. Except as otherwise indicated, this press release speaks as of the date hereof. The distribution of this press release does not imply that there has been no change in the affairs of the Company after the date hereof or create any duty or commitment to update or supplement any information provided in this press release or otherwise.

Media:
Jason Erkes, Cresco Labs
Chief Communications Officer
press@crescolabs.com

Investors:
Jake Graves
Investor Relations
investors@crescolabs.com

For general Cresco Labs inquiries:
312-929-0993
info@crescolabs.com

News Provided by Business Wire via QuoteMedia

Canopy Growth Corporation Reports First Quarter Fiscal Year 2023 Financial Results

Continued progress of premiumization strategy and record quarter from BioSteel accelerating path to profitability

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter ended June 30, 2022 . All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.

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Trulieve Opening Medical Marijuana Dispensary in Kissimmee, FL

New dispensary expands patient access to medical cannabis; grand opening specials available

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States today announced the opening of a new medical dispensary in Kissimmee, Florida . Located at 51 N. Doverplum Ave., the doors will open at 9 a.m. on Thursday, August 4, 2022 with ongoing regular hours of 9 a.m. 9 p.m. from Monday through Saturday and 10 a.m. 8 p.m. on Sunday .

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Green Thumb Industries Reports Second Quarter 2022 Results

Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries today reported its financial results for the second quarter ended June 30, 2022. Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.

Highlights for the second quarter and six months ended June 30, 2022:

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Canopy Growth Announces Industry Veteran Christelle Gedeon As New Chief Legal Officer

Gedeon's demonstrated cannabis and commercial expertise will further Canopy Growth's Strategy for North American Cannabis Leadership

Canopy Growth Corporation ("Canopy Growth" or "the Company") (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, is pleased to announce that the appointment of Christelle Gedeon Ph.D., as the Company's new Chief Legal Officer.

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Trulieve to Open its First Branded Dispensary in Arizona

Grand opening on August 2 in downtown Phoenix's Roosevelt Row neighborhood

Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States today announced the opening of its first Trulieve-branded dispensary in Arizona . Located at 1007 N. 7th St., the doors open at 8 a.m. on Tuesday, August 2 with ongoing hours of 8 a.m. 10 p.m. seven days a week. This is the first cannabis dispensary in the Roosevelt Row neighborhood in downtown Phoenix .

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Trulieve Cannabis Corp. to Hold Second Quarter 2022 Results Conference Call on August 10, 2022

Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., will hold a conference call on Wednesday, August 10, 2022 at 8:30 AM Eastern Time following the release of its second quarter 2022 financial results.

Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.)

Chairman, Founder, and Chief Executive Officer Kim Rivers , Chief Financial Officer Alex D'Amico, and President Steve White will participate on the call to review Trulieve's financial and operating results.

Interested parties can join the conference call by dialing in as directed below. Please dial in 15 minutes prior to the call.

North American toll free: 1-888-317-6003

passcode: 6100603

International: 1-412-317-6061

passcode: 6100603

A live audio webcast of the conference call will be available at:
https://app.webinar.net/eNPDleGz6oj

An archived replay of the webcast will be available at:
https://trulieve.gcs-web.com/events-presentations

About Trulieve

Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona , Florida , and Pennsylvania . Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com .

Facebook: @Trulieve
Instagram: @Trulieve _
Twitter: @Trulieve

Investor Contact

Christine Hersey , Executive Director of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com

Media Contact

Rob Kremer , Executive Director of Corporate Communications
+1 (404) 218-3077
Robert.Kremer@Trulieve.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/trulieve-cannabis-corp-to-hold-second-quarter-2022-results-conference-call-on-august-10-2022-301597504.html

SOURCE Trulieve Cannabis Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/02/c6113.html

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