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Cresco Labs (CRLBF) Announces Closing of Offering of Subordinate Voting Shares


Cresco Labs Announces Closing of Offering of Subordinate Voting Shares
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today the closing of its previously announced overnight marketed offering (the “Offering”) of subordinate voting shares (the “Offered Securities”) of the Company at a price of C$16.00 per share for total gross proceeds of approximately US$125 million.
The Offered Securities were offered in each of the Provinces of Canada, other than Québec, pursuant to a prospectus supplement dated January 19, 2021 to the Company’s base shelf prospectus dated July 25, 2019 (collectively, the “Prospectus”) and in the United States on a private placement basis to “qualified institutional buyers” pursuant to an exemption from the registration requirements of the United States Securities Act o ....

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Cresco Labs Hires PepsiCo Veteran and Supply Chain Expert Ty Gent as Its New Chief Operating Officer – New Cannabis Ventures


January 19, 2021 at 8:38 am
Published by NCV Newswire
CHICAGO, January 19, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the hiring of CPG industry veteran Ty Gent as the Company’s new Chief Operating Officer (“COO”). As COO, Gent will be responsible for operational consistency and efficiency across markets and implementation of structural enhancements to facilitate scaling.
Gent joins Cresco with more than 35 years of CPG and supply chain leadership experience. Most recently, he was the Chief Supply Chain Officer at US Foods, where he developed and implemented a new supply chain strategy, optimized its large-scale transportation network, launched field-based continuous improvement processes, and upgraded key systems technologies and planning capabilities. Previously, he worked at PepsiCo for 30 years ....

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Buffini & Company Founder, CEO Listed in 2021 Swanepoel Power 200 For Second Consecutive Year


Buffini & Company Founder, CEO Listed in 2021 Swanepoel Power 200 For Second Consecutive Year
Buffini & Company Founder, CEO Listed in 2021 Swanepoel Power 200 For Second Consecutive Year
CARLSBAD, Calif., Jan. 14, 2021 Swanepoel Power 200 has once again recognized Buffini & Company chairman and founder, Brian Buffini, and chief executive officer, Dermot Buffini, as some of the most influential leaders in the real estate industry. The two join the ranks of influencers from some of the most powerful companies in real estate, including Keller Williams Realty, RE/MAX, Berkshire Hathaway Home Services and more. The eighth annual listing ranks these qualified professionals in the real estate brokerage industry based on their leadership qualities and future impact on the profession.  ....

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