Marijuana Stock Cresco Labs Slips on Q4 Results

Cresco Labs (OTC: CRLBF) wasn't exactly a marijuana stock on fire Thursday, following the release of fiscal fourth-quarter 2020 results that left investors cold.

The quarter saw the multi-state operator (MSO) earn $162.3 million, a 6% improvement over the previous quarter and nearly four times higher than the Q4 2019 result. Cresco didn't hesitate to mention that this was a new record Q4 high for the company.

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Source Fool.com