Leading Cannabis Company Cresco Labs Presents At Chicago Booth Entrepreneurial Roundtable

Gerardo Cruz clips the lower branches of marijuana plants to promote flowering at the Cresco Labs’ medical marijuana cultivation center in Joliet Wednesday, Aug.10, 2016. The green lights simulate night and alternate with grow lights that are turned on several hours each day. Rich Saal/The State Journal-Register

 

CHICAGO, Aug. 14, 2018 – Midwest-based cannabis company Cresco Labs was a featured presenter this week at the Chicago Booth Entrepreneurial Roundtable. Charlie Bachtell, CEO of Cresco Labs, lectured to student leaders, aspiring business owners, and educational subject matter experts.

As CEO one of the fastest growing cannabis companies in the United States, Bachtell provided valuable insight to the audience about the fast-paced environment and the direction the cannabis industry is headed. The company has recently received national media and investor attention with the announcement of their multi-market expansion. Their brands (Cresco, Remedi, Reserve and Mindy’s Edibles, an infused edible line with James Beard Award-Winning Chef Mindy Segal) provide a full suite of products including flower, edibles, vape pens/cartridges, and multiple forms of extracts catering to all consumers, from the novice to connoisseur and medically-minded to recreational user.

“It was an honor to speak at such a prestigious institution and I was happy to share our success in product development, financing, and working in a highly-regulated industry,” said Charlie Bachtell. “We hope to continue this partnership and provide value to future programs.”

The Booth Entrepreneurial Roundtable provides educational programs for business owners, advisors, and those considering acquiring or starting a business. Cresco Labs was invited to speak at the prestigious program due to their unparalleled achievements in the medical marijuana industry. Recent success include winning licenses through highly-competitive state application processes, new product development, and acquiring interest for expansion in to new markets.

Based on consumer footprint, Cresco Labs is currently the largest cannabis operator in the US with vertically integrated business in six states. The company has a core value of educating consumers while trying to eliminate the stigma associated with marijuana. The company is currently seeking additional investment. For more information, please visit www.crescolabs.com.

 

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