Cannabismarketcap

CRLBFOTCMSO

Cresco Labs

United States#22 by Market Cap#7 in MSOActive
$0.61-0.01▼-1.61%USD

Cresco Labs (CRLBF) is a multi-state cannabis operator (MSO) trading on the OTC. The stock is currently priced at $0.61 with a market capitalization of $223.7M and trailing twelve-month revenue of $655.8M. The company reports a gross margin of 49.5%. View SEC filings ↗

Market Cap

$223.7M

Volume

51.5K

Prev Close

$0.62

52W High

$2.30

52W Low

$0.59

P/S Ratio

0.34

Shares Out

355.0M

Revenue

$655.8M

Gross Margin

49.5%

Cash

$94.3M

CRLBF Price Chart

Trading Data

Previous Close$0.62
Open$0.64
Day Range$0.61 – $0.64
52-Week Range$0.59 – $2.30
$0.59$2.30
Volume51.5K
Avg Volume1.1M
Market Cap$223.7M
Enterprise Value$560.5M
Shares Outstanding355.0M
P/S Ratio0.34
Revenue Growth YoY-9.46%

Valuation Metrics

P/S Ratio (TTM)
0.34Below 5x
EV / Revenue
0.85xBelow 5x
Gross Margin
49.5%Strong margin profile
Revenue Growth YoY
-9.46%Revenue declining
Cash Runway
—
Debt-to-Equity
—

Financial Highlights

View Full Financials
R
Revenue TTM$655.8MTrailing twelve months
G
Gross Profit$324.6MRevenue x Margin
%
Gross Margin49.5%Strong profitability
$
Cash & Equivalents$94.3MAvailable liquidity
D
Total Debt$431.2MOutstanding obligations
N
Net Cash Position-$336.8MCash minus debt

CRLBF Key Takeaways

  • Cresco Labs (CRLBF) trades at $0.61 with a market cap of $223.7M, ranking #22 among 71 cannabis stocks.
  • Trailing twelve-month revenue is $655.8M, declining -9.46% year-over-year.
  • Gross margin stands at 49.5% — strong margin profile for a cannabis company.
  • Balance sheet shows $94.3M cash against $431.2M debt — net debt position.
  • Price-to-Sales ratio of 0.34x — below sector median, potentially undervalued.
  • Ranked #7 by market cap in the MSO sector. Trades on the OTC exchange.

CRLBF Stock Analysis

Cresco Labs (CRLBF) is a multi-state cannabis operator (MSO) listed on the OTC exchange, headquartered in the United States. With a current share price of $0.61 and a market capitalization of $223.7M, CRLBF ranks #22 out of 71 publicly traded cannabis stocks tracked on Cannabismarketcap.

From a fundamental perspective, Cresco Labs reports trailing twelve-month revenue of $655.8M, representing a decline of -9.46% year-over-year. The company maintains a gross margin of 49.5%, which places it among the stronger operators in the cannabis space. At a price-to-sales multiple of 0.34x, the stock appears attractively valued relative to its revenue base.

The company's balance sheet shows $94.3M in cash and equivalents against $431.2M in total debt, leaving net debt of $336.8M. Investors looking for a deeper dive can explore CRLBF's full financial statements including quarterly breakdowns and balance sheet history.

CRLBF currently trades within a 52-week range of $0.59 to $2.30. Average daily trading volume stands at 51.5K shares.

Corporate Information

Company Name
Cresco Labs
Ticker Symbol
CRLBF
Exchange
OTC
Sector
MSOMulti-State Operator
Industry
—
Headquarters
United States
IPO / List Date
—
Employees
—
Website
—
Market Cap
$223.7M#22 in cannabis
Shares Outstanding
355.0M
Status
Active
Currency
USD

Share Structure

Shares Outstanding
355.0M
Market Cap
$223.7M
Enterprise Value
$560.5M
Avg Volume (30d)
1.1M
Dilution Rate
—

CRLBF Price History

Investment Snapshot

Programmatic analysis based on available financial data. Not investment advice.

Market PositionNeutral

Ranked #22 of 71 by market cap ($223.7M). Sector median: $32.4M.

Financial HealthNeutral

Net debt: $336.8M ($94.3M cash, $431.2M debt). Gross margin at 49.5%.

GrowthCaution

Revenue growth at -9.5% YoY. Sector median: +1.6%.

ValuationPositive

P/S ratio of 0.34x vs sector median of 0.72x. Potentially undervalued.

Cannabis Industry Context

Cannabis Industry Overview

The United States cannabis market is shaped by a patchwork of state-level legalization frameworks, creating a unique operating environment for multi-state operators (MSOs). Because cannabis remains a Schedule I substance under the federal Controlled Substances Act, MSOs face the punitive Section 280E of the Internal Revenue Code, which disallows standard business deductions and dramatically inflates effective tax rates. Despite these headwinds, MSOs have built vertically integrated operations spanning cultivation, manufacturing, and retail across dozens of limited-license states. The potential passage of the SAFE Banking Act — which would allow federally regulated banks to service state-legal cannabis businesses — remains one of the most closely watched catalysts in the sector. Until banking reform is enacted, MSOs rely on alternative lending, sale-leaseback arrangements, and private credit facilities that carry significantly higher costs of capital than those available to companies in federally legal industries. Market participants also monitor progress toward federal rescheduling or descheduling, which could unlock institutional investment, enable national exchange listings, and level the competitive playing field with Canadian licensed producers that already trade on major exchanges.

Cresco Labs in the Multi-State Operator (MSO) Landscape

Cresco Labs (CRLBF) currently ranks #7 out of 23 publicly traded multi-state operator (mso) companies by market capitalization, with a market cap of $223.7M. The company reports trailing-twelve-month revenue of $655.8M, placing it above the sector median of $271.7M. The multi-state operator (mso) sector comprises 23 tracked companies, reflecting the broad competitive landscape within this segment of the cannabis industry.

The top companies in the multi-state operator (mso) sector by market capitalization are Curaleaf Holdings (CURLF) at $2.27B, Trulieve Cannabis (TRLV) at $1.94B, and Green Thumb Industries (GTBIF) at $1.54B. Cresco Labs competes within this group for market share, investor attention, and operational scale as the sector continues to mature.

Key Metrics at a Glance

Market Cap$223.7MSector median: $31.5M
▲
Revenue (TTM)$655.8MSector median: $271.7M
▲
Gross Margin+49.49%Sector median: +46.87%
▲
P/S Ratio0.3xSector median: 0.4x
▼

Regulatory & Risk Considerations

All cannabis investors should be aware that federal legalization status in the United States remains uncertain. While cannabis is legal for medical use in the majority of US states and for adult use in a growing number of jurisdictions, it remains classified as a Schedule I controlled substance at the federal level. This creates material legal, financial, and operational risks across the industry. For multi-state operators like Cresco Labs, the most immediate regulatory burdens include Section 280E of the Internal Revenue Code, which prevents cannabis businesses from deducting ordinary business expenses and can push effective tax rates above 70%. MSOs also face acute banking challenges: most federally chartered banks and credit unions will not open accounts for plant-touching companies, forcing reliance on cash operations, state-chartered institutions, or costly alternative financial services. Each state imposes its own licensing requirements, packaging standards, testing mandates, and operational rules, requiring MSOs to maintain separate compliance infrastructures in every market.

State-by-state compliance costs represent a significant and often underappreciated expense. Licensing fees, mandatory security systems, seed-to-sale tracking integration, local zoning approvals, and ongoing regulatory audits all contribute to a cost structure that is substantially higher than comparable consumer packaged goods businesses. Additionally, limited-license market structures — while providing competitive moats — create political risk if states later expand licensing availability. Investors should also monitor developments in interstate commerce, which could fundamentally reshape the competitive landscape by allowing product to flow across state lines.

Compare CRLBF With Peers

CompanyPriceChange %Mkt CapRevenueMarginP/S
CRLBF$0.61-1.61%$223.7M$655.8M49.5%0.34
CURLF$8.20-2.38%$2.27B$1.27B49.8%1.79
TRLV$10.34+0.39%$1.94B$1.14B59.5%1.70
GTBIF$6.37-0.22%$1.54B$1.21B46.9%1.27
VREOF$9.20+0.44%$410.3M$511.7M48.6%0.80
VRNO$5.130.00%$375.6M$835.5M47.8%0.45

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Frequently Asked Questions

What is Cresco Labs's (CRLBF) stock price today?▼

Cresco Labs (CRLBF) stock is currently trading at $0.61 per share on the OTC exchange. This represents a daily decline of -1.61% ($0.0100) from the previous closing price of $0.62. Over the past 52 weeks, CRLBF has traded between a low of $0.59 and a high of $2.30, placing the current price at approximately -73% from its annual high. The stock has a market capitalization of $223.7M, making it a notable cannabis companies tracked by Cannabismarketcap. Cresco Labs operates in the MSO sector, serving the broader cannabis industry.

What is Cresco Labs's market capitalization?▼

Cresco Labs (CRLBF) has a current market capitalization of $223.7M, calculated by multiplying its 355.0M shares outstanding by the current stock price of $0.61. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places Cresco Labs among the mid-cap cannabis companies tracked on Cannabismarketcap. For context, the enterprise value (market cap plus debt minus cash) stands at $560.5M, which accounts for the company's balance sheet structure. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.

Is Cresco Labs profitable?▼

Cresco Labs (CRLBF) currently reports a gross margin of 49.5%, which means the company retains 49.5 cents of every revenue dollar after direct costs of goods sold. On trailing twelve month revenue of $655.8M, this translates to an estimated gross profit of approximately $324.6M. Profitability is a critical factor in the cannabis industry, where many companies are still investing heavily in growth and regulatory compliance. Investors should review the full income statement, cash flow trends, and operating expense breakdown on Cannabismarketcap for a complete picture of Cresco Labs's financial health.

What is Cresco Labs's annual revenue?▼

Cresco Labs (CRLBF) reports trailing twelve month (TTM) revenue of $655.8M, reflecting the total sales generated by the company over the most recent four quarters. Revenue has changed -9.46% year-over-year, reflecting a contraction in top-line performance relative to the prior period. The current price-to-sales ratio is 0.34x, which means investors are paying $0.34 for every $1 of annual revenue — a relatively low valuation in the context of the cannabis sector. Revenue is one of the most closely watched metrics for cannabis companies, as many are still scaling operations in a rapidly evolving regulatory environment. View the full income statement and quarterly revenue breakdown on Cannabismarketcap for detailed trend analysis.

What exchange is CRLBF listed on?▼

Cresco Labs trades under the ticker symbol CRLBF on the OTC exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts, though some brokers may charge additional fees for OTC-listed securities. The stock sees average daily trading volume of approximately 51.5K shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.

What is Cresco Labs's gross margin?▼

Cresco Labs (CRLBF) has a gross margin of 49.5%, which represents the percentage of revenue the company retains after paying for the direct cost of goods sold. On trailing twelve month revenue of $655.8M, this translates to an estimated gross profit of approximately $324.6M. Gross margin is a critical profitability indicator in the cannabis industry, where companies face unique cost pressures from regulatory compliance, testing requirements, and the tax burden of IRC Section 280E (which prevents cannabis companies from deducting standard business expenses). A moderate gross margin like Cresco Labs's suggests the company has pricing power and operational efficiency relative to peers.

What is CRLBF's 52-week trading range?▼

Cresco Labs (CRLBF) has traded between a 52-week low of $0.59 and a 52-week high of $2.30, with the current price of $0.61 sitting approximately -73% from the annual high. This range represents a spread of $1.71 (291% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.

What is Cresco Labs's cash position and debt level?▼

Cresco Labs (CRLBF) holds $94.3M in cash and equivalents on its balance sheet, set against $431.2M in total debt. This gives the company a net debt position of $336.8M. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.

How many shares outstanding does Cresco Labs have?▼

Cresco Labs (CRLBF) currently has 355.0M shares outstanding, which when multiplied by the current stock price of $0.61 gives the company its market capitalization of $223.7M. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.

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Disclaimer

The information on this page is provided for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Cannabismarketcap is not a registered broker-dealer or investment advisor. All data, including stock prices, market capitalizations, financial metrics, and analysis for Cresco Labs (CRLBF), is provided “as is” without warranty of any kind. Past performance does not guarantee future results. Cannabis stocks are highly volatile and carry significant risk, including the potential for total loss of investment. Marijuana remains illegal under federal law in the United States. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Data may be delayed or inaccurate. See our terms of service and privacy policy for more information.