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Cresco Labs Inc
Symbol CL
Shares Issued 354,203,183
Close 2026-10-30 C$ 0.80
Market Cap C$ 283,362,546
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Cresco Labs shareholders back restructuring resolutions

2026-11-02 10:14 ET - News Release

Mr. Mark Stortz reports

CRESCO LABS ANNOUNCES VOTING RESULTS OF ITS ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Cresco Labs Inc. has released the results of its annual general and special meeting of shareholders held on Oct. 30, 2026.

At the meeting, shareholders approved three special resolutions relating to:

  1. Creation of a new parent company (TopCo) and exchange of Cresco Labs securities and participating Cresco Labs LLC membership interests for TopCo securities;
  2. A potential, subsequent redomicile of TopCo from British Columbia to Delaware;
  3. An extension of the listing sunset date applicable to the company's multiple voting shares from the first to the third anniversary of a United States listing.

Shareholders also voted to approve other annual items of business, including electing the following seven directors:

  • Charles Bachtell;
  • Marc Lustig;
  • Thomas J. Manning;
  • Randy D. Podolsky;
  • Michele Roberts;
  • Robert M. Sampson;
  • Edward Tilly.

Each of the foregoing matters was approved by at least 94 per cent of the shares voted at the meeting.

About Cresco Labs Inc.

Cresco Labs' mission is to normalize and professionalize the cannabis industry through a CPG (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 grow 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.

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