CHICAGO--(BUSINESS WIRE)--
Cresco
Labs (CSE:CL) (“Cresco” or “the Company”), one of the largest
vertically integrated multistate cannabis operators in the United
States, is excited to announce that its Mindy’s Kitchen brand has been
ranked the top selling edible in Nevada according to Headset,
the first real-time data analytics and business intelligence platform
for the cannabis industry. In partnership with Cresco Labs, James Beard
Award-winning chef Mindy Segal created the industry’s first
culinary-backed, cannabis-infused edibles, with a six-state distribution
planned for 2019. In Nevada, Mindy’s Pink Lemonade Gummies, Strawberry
Sparkling Wine Hard Sweets and Wild Cherry Gummies, ranked first, ninth
and tenth, respectively, by Headset, for edible sales in the state.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190205005305/en/
Cresco Labs Mindy’s Kitchen gummies have been ranked the best-selling edible product in Nevada (Photo: Business Wire)
“We launched Mindy’s Edibles in Nevada in mid-August and, in less than
six months, our products are now carried in 62 out of 67 dispensaries in
the state,” said Cresco Labs CEO and co-founder Charles Bachtell. “Our
proven ability to create brands that resonate with each consumer segment
and establish a dominant retail market position is a key differentiator
for Cresco Labs.”
Mindy’s Artisanal Edibles include a line of decadent chocolate brittle
bars and homespun baked goods infused with clear distillate allowing the
best ingredients to shine through. The Mindy’s Kitchen brand – a
collaboration between Mindy and her talented group of chefs – offers
fun, fruity confections for everyday enjoyability and effectiveness. The
confections are infused with RSO and winterized sativa, indica and
hybrid oil that complement the approachable flavors. Mindy’s Edibles are
produced and distributed in partnership with Silver State Wellness in
Nevada.
About Cresco Labs:
Cresco Labs, based in Chicago, is a leading U.S. cannabis company with
experienced management, access to capital and a demonstrated growth
strategy. As a differentiated grower, processor and retailer of premium
cannabis operating in seven states, the company focuses on entering
highly regulated markets with outsized demand potential and high
barriers to entry. Its impressive speed-to-market gives Cresco a
distinct competitive advantage as it replicates its model to expand its
national footprint. Cresco’s proven ability to execute is complemented
by a cutting-edge brand strategy spearheaded by several of the brightest
minds in consumer marketing in the nation. Cresco’s products are
tailored to all major consumer segments: everyday cannabis, medicinally
focused, connoisseur grade, and chef inspired edibles by James Beard
Award-winning pastry chef Mindy Segal. 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 CSE Listing Statement
filed with SEDAR; 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.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190205005305/en/
Media:
Jason Erkes, Cresco Labs
Chief Communications
Officer
press@crescolabs.com
Investors:
Aaron Miles, Cresco Labs
Vice President,
Investor Relations
310-622-8255
Financial Profiles
CLinvestors@finprofiles.com
For general Cresco Labs inquiries:
312-929-0993
info@crescolabs.com
Source: Cresco Labs