The 7th Trillion Dollar Company?
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
About Cresco Labs Inc
Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells medical cannabis and medical cannabis products in the United States. It offers cannabis in flowers, live concentrates, and liquid live resins under the Cresco and Reserve brands; soft gels, tinctures, and lotions under the Remedi brand; gummies, fruit chews, hard sweets, and chocolates under the Mindy's brand; and vape pens, popcorn, shake, pre-rolls, and shorties under High supply brand. It operates 22 dispensaries in Illinois, Pennsylvania, Ohio, California, Nevada, Arizona, Massachusetts, and New York. The company is headquartered in Chicago, Illinois.
General
| Name | Cresco Labs Inc |
| Ticker | CRLBF |
| Exchange | OTCQX |
| Sector | Healthcare |
| Industry | Drug Manufacturers-Specialty & Generic |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 2,000 |
Highlights
| Analyst Target | 16.99 |
| Market Cap | 2,975,706,368 |
| EBITDA | 52,780,000 |
Share Stats
| Shares Outstanding | 177,204,000 |
| Shares Float | 107,510,674 |
| Insider Holdings | 178% |
| Institution Holdings | 2.59% |
Highlights
| Analyst Target | 16.99 |
| Market Cap | 2,975,706,368 |
| EBITDA | 52,780,000 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 8.40 |
| Price/Book (Most Recent Quarter) | 5.62 |
Earnings
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