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Cresco Labs Inc
Symbol CL
Shares Issued 339,408,660
Close 2025-11-11 C$ 1.68
Market Cap C$ 570,206,549
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Cresco Labs launches flower brand in Germany

2025-11-12 13:03 ET - News Release

Mr. Charlie Bachtell reports

CRESCO LABS LAUNCHES FLAGSHIP FLOWER BRAND IN GERMANY

Cresco Labs Inc. has launched Cresco-branded flower in Germany, marking the company's first commercial entry into the European Union. The launch reflects Cresco's expanded growth strategy as it pilots new investment platforms beyond United States cannabis.

Germany is one of the world's fastest-growing regulated cannabis markets, supported by a well-structured regulatory framework and an expanding patient base. The launch serves as an opportunity to gather insights while building a foundation for Cresco Labs' future expansion potential in international markets.

"After extensive work understanding the European landscape, we're confident that Cresco can deliver meaningful value through our portfolio of market leading brands, proven operational capabilities and deep experience operating in dynamic regulatory environments," said Charlie Bachtell, chief executive officer of Cresco Labs. "Our objective is to use these insights to guide future growth decisions in evolving markets."

Cresco Labs is partnering with Blossom, the company's EU good manufacturing practice-certified manufacturing partner in Portugal, to introduce three signature flower products, each aligned with specific patient effects.

Cresco products are now available via prescription through licensed pharmacies across Germany.

About Cresco Labs Inc.

Cresco Labs' mission is to normalize and professionalize the cannabis industry through a CPG (consumer packaged goods) approach to building national brands and a customer-focused retail experience, while acting as a steward for the industry on legislative and regulatory-focused initiatives. As a leader in cultivation, production and branded product distribution, the company is leveraging its scale and agility to grow its portfolio of brands that include Cresco, High Supply, FloraCal, Good News, Wonder Wellness Co., Mindy's and Remedi on a national level. The company also operates highly productive dispensaries nationally under the Sunnyside brand that focus on building patient and consumer trust and delivering continuing education and convenience in a wonderfully traditional retail experience. Through year-round policy, community outreach and SEED initiative efforts, Cresco Labs embraces the responsibility to support communities through authentic engagement, economic opportunity, investment, work force development and legislative initiatives designed to create the most responsible, respectable and robust cannabis industry possible.

We seek Safe Harbor.

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