Cresco Labs Inc. has closed the sale of its sole licensed Arizona operation to an affiliate of Mint Cannabis for $6.5 million in cash. The company has also closed on a conventional mortgage on its Ellenville, NY properties for a principal amount of up to $25.3 million with an interest rate of 8.43%. The moves are part of Cresco's strategy to strengthen its operations and increase profitability by focusing on core markets, stores, brands, and products.