Cresco Labs Inc (CRLBF)

[Gunga Galunga]

CHICAGO--(BUSINESS WIRE)--March 12, 2019--

Cresco Labs Upgraded to OTCQX Best Market

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that its shares have been approved for immediate listing on the OTCQX(R) Best Market, the top tier of the three markets for the over-the-counter trading of stocks. Cresco Labs' stock, which started being quoted on the OTC on March 6, 2019, will continue to trade under the symbol "CRLBF".

The OTCQX Best Market is for established, investor-focused U.S. and international companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.

"Being upgraded to the OTCQX Best Market represents another important milestone for Cresco Labs and reflects our commitment to adhering to high standards of compliance, disclosure and corporate governance," said Cresco Labs CEO and Co-founder Charlie Bachtell. "We believe that listing on the OTCQX will open up our stock to a larger universe of potential investors. With increased liquidity and better exposure to U.S. investors, we believe the move to the OTCQX will be beneficial to both new and existing shareholders."