Cresco Labs Stock: Bear vs. Bull

The cannabis industry appears to have lost steam in recent years. The industry's enthusiasm is low because there has been little progress toward federal legalization. However, the industry as a whole is rapidly expanding. Marijuana is becoming legal in an increasing number of U.S. states and countries.

Multi-state retailer Cresco Labs (OTC: CRLBF) did not expand as rapidly as its competitors. Yet, it is now one of the top five cannabis companies in the U.S. in terms of trailing-12-month revenue. However, industry headwinds appear to be weighing on this marijuana grower. Let's look at the Illinois-based company's most recent results to see whether it's a good buy right now.

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Source Fool.com