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Top 3 Takeaways from the Latest Cannabis Earnings Season
In this episode of the Trade to Black podcast, Shadd Dales and Anthony Varrell welcome Cresco Labs (OTCQX: CRLBF) CEO Charlie Bachtell to discuss the company’s Q4 and full Fiscal 2024 results. Cresco Labs posted $724 million in annual revenue, reflecting a 6% decline from the previous year, but demonstrated resilience by maintaining adjusted gross profit levels consistent with 2023. Adjusted EBITDA improved 15% year-over-year, reaching $200 million, while operating cash flow rose $74 million to $132 million. Capital expenditures were managed at $20 million, and the company reduced its debt by…
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