Cresco Labs Exhibits Strong Q2 2024 Financial Growth

Cresco Labs (TSE:CL) has released an update.

Cresco Labs Inc. announced robust financial results for Q2 2024, showcasing a significant year-over-year surge in Adjusted EBITDA Margin and maintaining leading market positions in several states. The company reported a 33% increase in Adjusted EBITDA, achieved $184 million in revenue, and demonstrated strong operational performance through their Sunnyside dispensaries, despite a one-time loss due to a recent tax position adjustment.

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