What's Behind Cresco Labs' Better-Than-Expected Q1 Results
Some investors could be disappointed by Cresco Labs' (OTC: CRLBF) stock performance so far this year. Sure, Cresco's share price is up 14%. However, that's a far cry from the 71% year-to-date gain it achieved in early February.
Such volatility is par for the course with marijuana stocks, though. The main thing to watch with Cresco is its underlying business performance. And the company had more good news on that front with its announcement of first-quarter results before the market opened on Thursday. Here are the highlights from Cresco's Q1 update.
Image source: Getty Images.
Source Fool.com
