What You'll Want to Know About Cresco Labs' Q2 Results

Cresco Labs (OTC: CRLBF) thinks that it's on the way to becoming a "North American cannabis powerhouse" with its pending acquisition of Origin House. The U.S. cannabis stock appeared to be on track to deliver a powerhouse performance earlier this year, with shares skyrocketing more than 90% by April. However, Cresco gave up a big chunk of those gains in subsequent months and is now up 24% year to date.

Investors learned how Cresco Labs performed in the second quarter on Wednesday when the company provided a quarterly update after the market closed. How did the cannabis company fare in Q2? Here's what you need to know.

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Source Fool.com