Cresco Labs is one of the largest vertically integrated multi-state cannabis operators in the United States. Based in Chicago, the company operates in 11 states and is involved in all parts of the value chain: cultivation and processing, creation and distribution of branded products, as well as brick and mortar retail. The company focuses on entering markets with outsized demand potential, significant supply constraints and high barriers to entry. Cresco's speed-to-market and ability to execute is a competitive advantage, especially as it replicates its model in new states and expands its national footprint. Cresco’s ability to execute is complemented by a brand strategy that is tailored to all major consumer segments: everyday cannabis, medicinally focused, connoisseur grade, and chef inspired edibles by James Beard Award-winning pastry chef Mindy Segal. Learn more about Cresco Labs at crescolabs.com.
(Note: In addition to the 113,695,600 Subordinate Voting Shares that are issued and outstanding, there are 160,330,495 Subordinate Voting Shares reserved for issuance pursuant to the redemption and conversion rights attached to: (i) certain outstanding securities of Cresco Labs, LLC, which is a subsidiary of Cresco Labs, Inc., and (ii) shares issuable in pending acquisitions, neither of which classes of shares are listed. The total number of equity shares assuming all are converted into the listed class would be 295,213,027)