🦊/Companies

Cresco Labs

OTC: CRLBF

Chicago, US · Founded 2013 · 2 known investors

Find your way into Cresco Labs

120 people in our graph share verified history with the Cresco Labs team — schools, employers, funds. One of them is your warm intro.

Erin Wrightunlockedknows Jason Erkes · together at ABC News (overlapped)
×4knows the team · via Walgreens
×3knows the team · via ABC News
×2knows the team · via Columbia College Chicago
knows the team · via MillerCoors
knows the team · via Western Illinois University

Cresco Labs is a vertically integrated cannabis producer and retailer that cultivates, manufactures, and distributes cannabis products through national brands and Sunnyside dispensaries. The company operates cultivation and manufacturing facilities, wholesale distribution, and a retail network focused on quality, consumer education, and brand building in the legal cannabis market.

Founders & leadership

Cresco Labs was founded in 2013 by Joseph Caltabiano and Charles Bachtell.

JC
Joseph CaltabianoCo-founder
CBCharles Bachtell
Charles BachtellCo-founder
JEJason Erkes
Jason ErkesinStrategic Communications AdvisorHe previously worked as a television journalist, political communications strategist, and chief communications officer for corporate leadership teams.
DO
Dennis OlisinExecutive
GBGreg Butler
Greg ButlerinPresidentHe previously led the Miller Family of Brands at MillerCoors and held strategy roles at The Parthenon Group, Walgreens, and Kraft, with an MBA from Harvard and undergraduate degree from Queen's University.
KKKayvan Khalatbari
Kayvan KhalatbariinFounder / Shareholder
ZM
Zach MarburgerNamed on SEC filing
TM
Tom ManningNamed on SEC filing
KA
Ken AmannNamed on SEC filing
JW
John WalterNamed on SEC filing
DE
David EllisNamed on SEC filing
RM
Robert M. SampsonNamed on SEC filing

Investors · 2

Reported raises · per SEC filings

Form D private placements

$266.1M disclosed across 4 rounds · 2014–2021

▶$62.1MraisedDec 2021 · 76 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Carol ValloneDirector
  • Michele RobertsDirector
  • Dennis OlisExecutive Officer
  • Charles BachtellExecutive Officer, Director
  • John WalterDirector
  • Tom ManningDirector
  • Sidney R. DillardDirector
  • John SchetzExecutive Officer
  • Greg ButlerExecutive Officer
  • Tarik BrooksDirector
  • Jason ErkesExecutive Officer
  • Randy PodolskyDirector
  • Ty GentExecutive Officer
  • Rob SampsonDirector
  • Mo DastagirExecutive Officer
  • Gerry CorcoranDirector
  • Marc LustigDirector
  • Angie DemchenkoExecutive Officer
Offering amount
$62.1M
Amount sold
$62.1M
First sale
Dec 2021
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$100MraisedOct 2018 · 338 investors · Agriculture
Rule 506(c)
Officers, directors & promoters on the filing
  • Jason ErkesExecutive Officer
  • Ken AmannExecutive Officer
  • John SchetzExecutive Officer
  • Robert M. SampsonExecutive Officer, Director, Promoter
  • Joseph CaltabianoExecutive Officer, Director, Promoter
  • Charles BachtellExecutive Officer, Director, Promoter
  • Dominic A. SergiExecutive Officer, Director, Promoter
  • Randy PodolskyDirector
  • Tom ManningDirector
  • Brian McCormackDirector
  • David EllisExecutive Officer
  • John R. WalterDirector
  • Zach MarburgerExecutive Officer
  • Gerry CorcoranDirector
Offering amount
$100M
Amount sold
$100M
Minimum investment
$50K
Finders' fees
$2.4M
First sale
Oct 2018
Incorporated
Limited Liability Company, Illinois
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$100MraisedOct 2018 · 338 investors · Agriculture
Rule 506(c)
Officers, directors & promoters on the filing
  • Zach MarburgerExecutive Officer
  • Jason ErkesExecutive Officer
  • Tom ManningDirector
  • Ken AmannExecutive Officer
  • John R. WalterDirector
  • David EllisExecutive Officer
  • Robert M. SampsonExecutive Officer, Director, Promoter
  • Dominic A. SergiExecutive Officer, Director, Promoter
  • Joseph CaltabianoExecutive Officer, Director, Promoter
  • Charles BachtellExecutive Officer, Director, Promoter
  • Randy PodolskyDirector
  • John SchetzExecutive Officer
  • Brian McCormackDirector
  • Gerry CorcoranDirector
Offering amount
$100M
Amount sold
$100M
Minimum investment
$50K
Finders' fees
$2.4M
First sale
Oct 2018
Incorporated
Limited Liability Company, Illinois
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$4MraisedOct 2014 · 11 investors · Agriculture
Rule 506(b)
Officers, directors & promoters on the filing
  • Dominic SergiExecutive Officer, Director, Promoter
  • Kayvan KhalatbariExecutive Officer
Offering amount
$4M
Amount sold
$4M
Minimum investment
$50K
First sale
Jul 2014
Incorporated
Limited Liability Company, Illinois, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Cresco Labs do?
Cresco Labs is a vertically integrated cannabis producer and retailer that cultivates, manufactures, and distributes cannabis products through national brands and Sunnyside dispensaries. The company operates cultivation and manufacturing facilities, wholesale distribution, and a retail network focused on quality, consumer education, and brand building in the legal cannabis market.
Who founded Cresco Labs?
Cresco Labs was founded by Joseph Caltabiano, Charles Bachtell in 2013.
Who are Cresco Labs's investors?
Cresco Labs's investors include FMG Capital, Merida Capital Holdings.
How much funding has Cresco Labs raised?
Cresco Labs has disclosed $266.1M raised across 4 rounds.
Where is Cresco Labs headquartered?
Cresco Labs is headquartered in Chicago, US.