Cresco Labs CEO talks legal marijuana industry challenges | St. Louis business news

by Newsfeed


Q: How have your sales fared during the pandemic and recession?

A: The easiest way for me to describe it is to compare second-quarter results to first-quarter results. We’re in nine markets across the country, nine different states, and we saw at least 30% sequential growth, quarter-over-quarter, in all of our nine states except for one, Massachusetts. And Massachusetts was one of the very limited states that did not deem the adult-use program essential.

Q: Would you say the pandemic’s been a boon for legal marijuana, given so many people are sheltering in place and looking for ways to manage the stress of it all?

A: You can find the correlation there, for sure. They have more time on their hands, working from home, being at home, and finding something else to help them take their mind off the stress. All of the…



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