Cresco CEO Comments on M&A After Rescheduling | TTB Presented by Flowhub

The Dales Report | Trade to Black · Aug 7, 2026 · 1h 1m

Trade to Black, presented by Flowhub, wraps up a busy week of cannabis earnings with host Shadd Dales bringing on Charlie Bachtell, CEO of Cresco Labs (OTCQX: CRLBF).Bachtell breaks down the company’s second quarter results, revenue came in at $173 million, up roughly 15% sequentially, with net income swinging to $16.8 million, partly driven by a $26.7 million tax benefit tied to rescheduling and the related Section 280E changes. Adjusted EBITDA landed at $40 million, up around 20% sequentially, and the company generated positive free cash flow for the quarter. Bachtell also gets into what’s…