Cannabis market restructuring

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Cannabis Operator CRLBF Plans California Exit: How to Play the Stock?
ZACKS· 2025-07-25 21:10
Key Takeaways Cresco Labs will divest its California operations to streamline and improve profitability.CRLBF cites structural challenges in California, including illicit sales and intense price pressure.The company will retain its FloraCal brand and focus on markets with stronger margin potential.Despite maintaining strong operational discipline, Cresco Labs (CRLBF) continues to face persistent challenges in the domestic market.In a bid to streamline operations and improve profitability, Cresco Labs announ ...