{"id":404315,"date":"2020-12-22T07:33:27","date_gmt":"2020-12-22T12:33:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404315"},"modified":"2020-12-22T07:33:27","modified_gmt":"2020-12-22T12:33:27","slug":"cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/","title":{"rendered":"Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden"},"content":{"rendered":"

<\/p>\n

Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden<\/b><\/p>\n

CHICAGO–(BUSINESS WIRE<\/a>)–Cresco Labs<\/a> (CSE:CL) (OTCQX:CRLBF) (\u201cCresco\u201d or \u201cthe Company\u201d), one of the largest vertically integrated, multistate cannabis operators in the United States, announced today that it had entered into an extension of its distribution agreement (the “Agreement”) with the leading California-based cannabis brand Kings Garden Inc. (“Kings Garden”). Under the Agreement, Cresco\u2019s subsidiary, Continuum, which is one of the largest full-service distribution businesses in the state, will continue to serve as the exclusive distributor of Kings Garden packaged products.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201222005176\/en\/<\/a><\/p>\n

\"Cresco<\/p>\n

Cresco Labs extends exclusive distribution agreement with California powerhouse brand Kings Garden (Photo: Business Wire)<\/p>\n<\/div>\n

\nKings Garden is a brand powerhouse in California, consistently ranked in the top five of flower and concentrate sales according to BDS Analytics. Continuum currently services nearly 600 of the top licensed retailers in California.\n<\/p>\n

\n\u201cCalifornia continues to be one of Cresco Labs\u2019 core markets and a major contributor to our total revenue. We believe that our strength in a historically competitive state is attributed to our ability to offer an assortment of category-winning cannabis products across price points. Kings Garden compliments our strong California product portfolio allowing us to open new doors and increase velocity of current accounts,\u201d said David Gacom, West Regional President of Cresco Labs.\n<\/p>\n

\n\u201cWe\u2019ve been working closely with the Cresco Labs team since their acquisition of Origin House and are thrilled to continue this partnership with today’s announcement,\u201d said Michael King, Co-founder, Kings Garden. \u201cWe\u2019re confident that the combination of our large-scale production, brand prowess and Continuum\u2019s reach and exceptional distribution network will accelerate growth and increase market share for both parties and ensure that top-shelf Kings Garden product is available throughout the state of California.\u201d\n<\/p>\n

\n\u201cAs we continue to increase our cultivation footprint and annual production, it\u2019s important we continue to grow our reach and hold our position as the number one indoor flower brand in the state of California,\u201d said Charlie Kieley, Co-founder and Chief Operating Office, Kings Garden. \u201cThis can only be accomplished by continuing our distribution partnership with the state\u2019s leading distribution company and platform.\u201d\n<\/p>\n

About Cresco Labs:<\/b><\/p>\n

\nCresco Labs is one of the largest vertically integrated multi-state cannabis operators in the United States. Cresco is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North America. Employing a consumer-packaged goods (\u201cCPG\u201d) approach to cannabis, Cresco\u2019s house of brands is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted national brands including Cresco, Remedi, High Supply, Cresco Reserve, Good News, Wonder Wellness Co., FloraCal Farms and Mindy\u2019s Chef Led Artisanal Edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside, Cresco\u2019s national dispensary brand, is a wellness-focused retailer designed to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco provides the industry\u2019s first national comprehensive Social Equity and Educational Development (SEED) program designed to ensure that all members of society have the skills, knowledge and opportunity to work in and own businesses in the cannabis industry. Learn more about Cresco Labs at crescolabs.com<\/a>.\n<\/p>\n

About Kings Garden:<\/b><\/p>\n

\nBased in Coachella Valley, Kings Garden Inc. is California’s predominant cannabis cultivation, processing and manufacturing company, specializing in the world of premium grade boutique products at an unsurpassed commercial scale. Now one of the largest producers in California, Kings Garden prides itself on having organized a highly experienced cannabis management and operations team, while being fully compliant and licensed across the state of California.\n<\/p>\n

\nFrom its inception, Kings Garden has held unwavering values focused on superior quality of end products, its team of management and employees who are considered family, giving back to local communities, and the advancement of the cannabis industry as a whole.\n<\/p>\n

\nFor more information, please visit the Kings Garden website at https:\/\/kingsgarden.com\/<\/a>.\n<\/p>\n

Forward Looking Statements<\/b><\/p>\n

\nThis press release contains \u201cforward-looking information\u201d within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as, \u2018may,\u2019 \u2018will,\u2019 \u2018should,\u2019 \u2018could,\u2019 \u2018would,\u2019 \u2018expects,\u2019 \u2018plans,\u2019 \u2018anticipates,\u2019 \u2018believes,\u2019 \u2018estimates,\u2019 \u2018projects,\u2019 \u2018predicts,\u2019 \u2018potential\u2019 or \u2018continue\u2019 or the negative of those forms or other comparable terms. The Company\u2019s forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company\u2019s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to those risks discussed under “Risk Factors” in the company\u2019s Annual Information Form dated April 28, 2020, and other documents filed by the Company with Canadian securities regulatory authorities; and other factors, many of which are beyond the control of the Company. Readers are cautioned that the foregoing list of factors is not exhaustive. Because of these uncertainties, you should not place undue reliance on the Company\u2019s forward-looking statements. No assurances are given as to the future trading price or trading volumes of Cresco\u2019s shares, nor as to the Company\u2019s financial performance in future financial periods. The Company does not intend to update any of these factors or to publicly announce the result of any revisions to any of the Company\u2019s forward-looking statements contained herein, whether as a result of new information, any future event or otherwise. Except as otherwise indicated, this press release speaks as of the date hereof. The distribution of this press release does not imply that there has been no change in the affairs of the Company after the date hereof or create any duty or commitment to update or supplement any information provided in this press release or otherwise.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201222005176\/en\/<\/a><\/span><\/p>\n

Media:
\n<\/i>
Jason Erkes, Cresco Labs
\n
Chief Communications Officer
\n
press@crescolabs.com<\/a><\/p>\n

Investors:
\n<\/i>
Jake Graves
\n
Senior Analyst, Investor Relations
\n
investors@crescolabs.com<\/a><\/p>\n

For general Cresco Labs inquiries:
\n<\/i>
312-929-0993
\n
info@crescolabs.com<\/a><\/p>\n

Media:
\n<\/i>
Pristina Alford for Kings Garden
\n
253.307.8462
\n
Pristina_alford@dkcnews.com<\/a><\/p>\n

\nCourtney Greenberg for Kings Garden
\n
917.439.8009
\n
Courtney_Greenberg@dkcnews.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Canada California Illinois<\/p>\n

INDUSTRY KEYWORDS:<\/b> Alternative Medicine Retail Health Tobacco Agriculture Natural Resources Specialty<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Cresco Labs extends exclusive distribution agreement with California powerhouse brand Kings Garden (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (\u201cCresco\u201d or \u201cthe Company\u201d), one of the largest vertically integrated, multistate cannabis operators in the United States, announced today that it had entered into an extension of its distribution agreement (the “Agreement”) with the leading California-based cannabis brand Kings Garden Inc. (“Kings Garden”). Under the Agreement, Cresco\u2019s subsidiary, Continuum, which is one of the largest full-service distribution businesses in the state, will continue to serve as the exclusive distributor of Kings Garden packaged products. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201222005176\/en\/ Cresco Labs extends exclusive distribution agreement with California powerhouse brand Kings Garden (Photo: Business Wire) Kings Garden is a … <\/p>\n

Continue reading “Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404315","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (\u201cCresco\u201d or \u201cthe Company\u201d), one of the largest vertically integrated, multistate cannabis operators in the United States, announced today that it had entered into an extension of its distribution agreement (the “Agreement”) with the leading California-based cannabis brand Kings Garden Inc. 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(“Kings Garden”). Under the Agreement, Cresco\u2019s subsidiary, Continuum, which is one of the largest full-service distribution businesses in the state, will continue to serve as the exclusive distributor of Kings Garden packaged products. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201222005176\/en\/ Cresco Labs extends exclusive distribution agreement with California powerhouse brand Kings Garden (Photo: Business Wire) Kings Garden is a … Continue reading \"Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-22T12:33:27+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20201222005176\/en\/848467\/4\/Pl2Tv53Q.scaled.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden","datePublished":"2020-12-22T12:33:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/"},"wordCount":1184,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20201222005176\/en\/848467\/4\/Pl2Tv53Q.scaled.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cresco-labs-extends-partnership-with-top-selling-california-cannabis-brand-kings-garden\/","name":"Cresco Labs Extends Partnership With Top-selling California Cannabis Brand, Kings Garden - 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