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Why Cresco Labs Stock Jumped Today

TheMotleyFool

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Shares of Cresco Labs (OTC: CRLBF) were jumping 9.8% higher as of 3:10 p.m. EDT on Tuesday. The big gain came after the multi-state cannabis operator announced that it had received approval for an adult-use cannabis dispensary in Naperville, Illinois.

Cresco appears to be well on its way to becoming one of the fastest-growing pot stocks over the next few years. The addition of the company's newest dispensary in Naperville will help fuel growth.

Image source: Getty Images.

Source Fool.com

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