11:58:39 EST Tue 31 Jan 2023
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Cresco Labs Inc
Symbol CL
Shares Issued 280,988,200
Close 2022-12-06 C$ 5.03
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Cresco opens second cannabis dispensary in Orlando

2022-12-06 11:27 ET - News Release

Ms. Megan Kulick reports

CRESCO LABS EXPANDS RETAIL PRESENCE IN ORLANDO, FLORIDA

Cresco Labs Inc. has opened its second dispensary in Orlando, Fla., located at 6690 W Colonial Dr. The new location is Cresco's 21st store to open in the Sunshine State and 55th nationwide.

"As we see one of the country's largest medical programs continue to expand to nearly 770,000 qualified patients, we're focused on growing our retail footprint in Florida to bring greater access to our branded products," said Charlie Bachtell, chief executive officer and co-founder of Cresco Labs. "We're excited to serve new and current patients in Orlando and nearby communities in Orange county through our second store where they can find the same quality, trusted cannabis products enjoyed by our patients throughout the state."

Sunnyside W Orlando resides on State Road 50 along W Colonial Dr., which travels from downtown Orlando to neighbouring communities of Pine Hills, Ocoee, Winter Garden and Oakland. Cresco has another store in Fern Park.

The store will serve patients with a medical card issued by the State of Florida. Patients can place orders on-line through the Sunnyside website or utilize next-day delivery. Orders can also be placed both in-store or by phone at 877-395-1009. Regular store hours are Monday through Saturday, 10 a.m. to 8 p.m., and Sunday, 10 a.m. to 5 p.m.

About Cresco Labs Inc.

Cresco Labs is one of the largest vertically integrated multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Employing a consumer-packaged goods (CPG) approach, Cresco Labs is the largest wholesaler of branded cannabis products in the United States. Its brands are designed to meet the needs of all consumer segments and comprise some of the most recognized and trusted national brands, including Cresco, High Supply, Mindy's Edibles, Good News, Remedi, Wonder Wellness Co. and FloraCal Farms. Sunnyside, Cresco Labs' national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs operates the industry's largest social equity and educational development initiative, SEED, which was established to ensure that all members of society have the skills, knowledge and opportunity to work and own businesses in the cannabis industry.

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