Cresco Labs (TSE:CL) has released an update.
Cresco Labs reported a record operating cash flow of $49 million for the third quarter of 2024, showcasing the success of its cash flow-focused strategy. The company achieved a revenue of $180 million and maintained strong positions in key markets like Illinois, Pennsylvania, and Massachusetts. Despite a net loss of $8 million, Cresco Labs continues to focus on strategic growth and financial strength.
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