Ms. Sharon Schuler reports

CRESCO LABS ANNOUNCES CHANGE OF AUDITOR

Cresco Labs Inc. has changed its auditor from Marcum LLP to Baker Tilly U.S. LLP. Cresco will seek shareholder ratification of Baker Tilly's appointment at the next annual meeting of shareholders.

Marcum was terminated as the company's auditor, effective June 9, 2025, and Baker Tilly has been appointed as successor auditor, effective June 12, 2025. The change in auditor was recommended and approved by the company's audit committee and board of directors, respectively.

"After an extensive three-month selection process, we are thrilled to appoint Baker Tilly as our independent auditor," said Sharon Schuler, chief financial officer. "With the approval of our board of directors, Baker Tilly will begin their engagement with the review of our Q2 2025 financial statements. We are confident in their expertise, and look forward to a collaborative partnership as we continue to maintain the highest standards of financial transparency and regulatory compliance."

There were no modified opinions in Marcum's audit reports for any financial period during which Marcum was the company's auditor. There are no reportable events (as such term is defined in National Instrument 51-102 (Continuous Disclosure Obligations)) between the company and Marcum.

In accordance with NI 51-102, the change of auditor notice, together with the required letters from the Marcum and Baker Tilly, has been reviewed and approved, as applicable, by the board and has been filed on SEDAR+.

About Cresco Labs Inc.

Cresco Labs' mission is to normalize and professionalize the cannabis industry through a consumer packaged goods approach to building national brands and a customer-focused retail experience, while acting as a steward for the industry on legislative and regulatory-focused initiatives. As a leader in cultivation, production and branded product distribution, the company is leveraging its scale and agility to expand its portfolio of brands that include Cresco, High Supply, FloraCal, Good News, Wonder Wellness Co., Mindy's and Remedi on a national level. The company also operates highly productive dispensaries nationally under the Sunnyside brand that focus on building patient and consumer trust and delivering continuing education and convenience in a wonderfully traditional retail experience. Through year-round policy, community outreach and SEED initiative efforts, Cresco Labs embraces the responsibility to support communities through authentic engagement, economic opportunity, investment, work force development and legislative initiatives designed to create the most responsible, respectable and robust cannabis industry possible.

We seek Safe Harbor.