# Cresco Labs

**Source:** https://www.startuphub.ai/startups/cresco-labs
**Profile type:** Startup

> A leading multi-state cannabis operator in the U.S.

## About

Cresco Labs is a prominent multi-state operator (MSO) in the U.S. cannabis industry. The company is involved in the cultivation, manufacturing, and distribution of cannabis products, as well as retail operations. They focus on building a strong brand portfolio and expanding their market reach through strategic acquisitions and organic growth. Access to commercial bank financing is a key element of their strategy to support disciplined growth and consolidation.

## Key facts

- **Slug:** cresco-labs
- **Website:** https://www.crescolabs.com/
- **Location:** Chicago, Illinois, USA
- **Founded:** 2014-01-01 00:00:00
- **Employees:** 1280
- **Operating status:** Active
- **Total funding:** $800M
- **Sectors / tags:** Cannabis, Agriculture, Retail, AgTech, Consumer Packaged Goods, Distribution, Manufacturing
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/cresco-labs/
  - Twitter: https://twitter.com/CrescoLabs
  - Facebook: https://www.facebook.com/CrescoLabs/

## Frequently asked

### What does Cresco Labs do?

Cresco Labs is a prominent multi-state operator (MSO) in the U.S. cannabis industry. The company is involved in the cultivation, manufacturing, and distribution of cannabis products, as well as retail operations. They focus on building a strong brand portfolio and expanding their market reach through strategic acquisitions and organic growth. Access to commercial bank financing is a key element of their strategy to support disciplined growth and consolidation.

### How much funding has Cresco Labs raised?

Cresco Labs has raised a total of $800M in funding. The most recent round on record is Debt.

### Where is Cresco Labs headquartered?

Cresco Labs is headquartered in Chicago, Illinois, USA.

### When was Cresco Labs founded?

Cresco Labs was founded in 2014.

### What industry does Cresco Labs operate in?

Cresco Labs operates in Cannabis, Agriculture, Retail, AgTech, Consumer Packaged Goods, Distribution.

### How many employees does Cresco Labs have?

Cresco Labs has approximately 1280 people on record.

### What is Cresco Labs's valuation?

StartupHub estimates Cresco Labs's effective valuation at $706.0M (range $494.2M to $917.9M, 26% confidence), based on comparable companies in the sector.

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