Cresco Labs Wins Crucial Processing License in Ohio
The state of Ohio has awarded a provisional processing license to cannabis grower and retailer Cresco Labs (OTC: CRLBF). With the new permit, the company will be able to make and sell a wider range of offerings such as cannabis edibles and oils. At present, it only sells marijuana flower products in the state.
Image source: Getty Images.
As Cresco explained in the press release trumpeting the new license, "our operations are now fully vertically integrated in Ohio. The expansion of our cultivation and production facility, along with the closing of four additional operating dispensaries, sets up an exciting year for Cresco Labs in Ohio in 2021."
Source Fool.com
