Cresco Labs Launches Six Flavors Of Sublingual Medical Marijuana In Pennsylvania
Portfolio Pulse from Jelena Martinovic
Cresco Labs Inc. is launching its Good News sublingual cannabis brand in Pennsylvania. The first product, Sweet Troches, comes in six flavors with 10mg THC and is available at all Sunnyside locations and other dispensaries in PA. This follows the opening of Cresco's new store in Altoona, PA. Cresco’s shares traded 3.4884% lower at $1.66 per share after the market close on Friday.
October 09, 2023 | 1:48 pm
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Cresco Labs is launching a new product in Pennsylvania, which could potentially increase its market share in the state. However, the company's shares traded lower after the market close on Friday.
The launch of a new product could potentially increase Cresco Labs' market share in Pennsylvania, which could have a positive impact on the company's revenues. However, the company's shares traded lower after the market close on Friday, indicating that investors may have reacted negatively to the news.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100