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Cresco Labs
Cresco Labs, Inc. is a publicly traded, vertically integrated cannabis and medical marijuana company based in Chicago, Illinois, with current retail operations in nine states where marijuana has been legalized for medical use. The company's stock trades on the Canadian Securities Exchange under the ticker symbol CL, and in over-the-counter markets in the United States with the ticker symbol CRLBF. History Cresco Labs was founded in 2013 by Charlie Bachtell, who currently serves as CEO, and Joe Caltabiano, who served as president until resigning on March 2, 2020. The co-founders met in 2007 while working together at Guaranteed Rate, a mortgage company based in Chicago. Despite founding Cresco in 2013, Bachtell continued working at Guaranteed Rate as its general counsel until 2015; Caltabiano remained with Guaranteed Rate as a vice president until 2017, and did not begin working full-time at Cresco until after a stint with BeMortgage. Bachtell, who earned a Juris Doctor in 2003 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cannabis
''Cannabis'' () is a genus of flowering plants in the family Cannabaceae. The number of species within the genus is disputed. Three species may be recognized: ''Cannabis sativa'', '' C. indica'', and '' C. ruderalis''. Alternatively, ''C. ruderalis'' may be included within ''C. sativa'', all three may be treated as subspecies of ''C. sativa'', or ''C. sativa'' may be accepted as a single undivided species. The genus is widely accepted as being indigenous to and originating from Asia. The plant is also known as hemp, although this term is often used to refer only to varieties of ''Cannabis'' cultivated for non-drug use. Cannabis has long been used for hemp fibre, hemp seeds and their oils, hemp leaves for use as vegetables and as juice, medicinal purposes, and as a recreational drug. Industrial hemp products are made from cannabis plants selected to produce an abundance of fibre. Various cannabis strains have been bred, often selectively to pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DePaul University College Of Law
The DePaul University College of Law is the professional graduate law school of DePaul University in Chicago. The College of Law’s facilities encompass nine floors across two buildings, with features such as the Vincent G. Rinn Law Library and Leonard M. Ring Courtroom. The law school is located within two blocks of state and federal courts, as well as numerous law firms, corporations and government agencies. The 2022 edition of '' U.S. News & World Report'' ranked DePaul Law 118 among U.S. law schools and placed its health law and intellectual property programs among the top 25% of all U.S. law schools.https://www.usnews.com/best-graduate-schools/top-law-schools/depaul-university-03045 History DePaul College of Law started in 1897 as Illinois College of Law, founded by Howard N. Ogden. It was the only law school not on the East Coast to offer both day and evening classes. DePaul University acquired Illinois College of Law in 1912. This purchase benefited both institutions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crain's Chicago Business
''Crain's Chicago Business'' is a weekly business newspaper in Chicago, IL. It is owned by Detroit-based Crain Communications, a privately held publishing company with more than 30 magazines, including ''Advertising Age'', ''Modern Healthcare'', ''Crain's New York Business'', ''Crain's Detroit Business'', ''Crain's Cleveland Business'', and '' Automotive News''. It has a print circulation of 53,313 and a readership of 219,693 per week. ChicagoBusiness.com, the paper's digital equivalent, draws over 1 million unique visitors per month and over 2.2 million page views per month. History The first issue of ''Crain's Chicago Business'' is dated April 17, 1978. In 1977, when Crain Communications chief Rance Crain went to Houston to give a speech to the Houston Advertising Club, he spent an afternoon listening to the publisher of the ''Houston Business Journal'' explain how his publication was developed. "I figured if a business publication worked well in Houston, it would be twic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Loan
A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or " repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guaranteed Rate
Guaranteed Rate Companies is a U.S. residential mortgage company headquartered in Chicago, Illinois. Founded in 2000 by Victor Ciardelli, the company had $73 billion in funded volume in 2020. As of 2021, the company has more than 10,000 employees and more than 850 offices nationwide and is located in 50 states. History Guaranteed Rate was founded in Chicago in 2000 by Victor F Ciardelli III, a native of Oak Brook, Illinois who now resides in a $38 million Miami Beach mansion purchased in May 2021, serves as chairman and CEO. Through 2020, the company is the third largest retail mortgage lender in the US. Guaranteed Rate has been named to the ''Chicago Tribunes Top Workplaces list every year from 2012 through 2018. In 2013, Guaranteed Rate was listed by ''Crain's Chicago Business'' as one of the fastest growing companies in Chicago. The company was listed by '' U.S. News & World Report'' in 2018 as Top Lender for Online Service. Shant Banosian of Guaranteed Rate in Massachusetts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti-New Deal outlook, and its writing reached other markets through family and corporate relationships at the ''New York Daily News'' and the ''Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Company, rea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Over-the-counter (finance)
Over-the-counter (OTC) or off-exchange trading or pink sheet trading is done directly between two parties, without the supervision of an exchange (organized market), exchange. It is contrasted with exchange trading, which occurs via exchanges. A stock exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price. In an OTC trade, the price is not necessarily publicly disclosed. OTC trading, as well as exchange trading, occurs with commodities, financial instruments (including stocks), and derivative (finance), derivatives of such products. Products traded traditional stock exchanges, and other regulated bourse platforms, must be well standardized. This means that exchanged deliverables match a narrow range of quantity, quality, and identity which is defined by the exchange and identical to all transactions of that product. This is necessary for there to be transparency in stock exchange-based equities trading. The OTC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marijuana Business Daily
''Marijuana Business Daily'' (formerly known as ''MMJ Business Daily, also known as MJBizDaily'') is a Colorado-based business news outlet for professionals in the recreational and medical cannabis industry in the United States. The publication was founded in 2011 by Marijuana Business Media, a division of Anne Holland Ventures, Inc. The CEO is Chris Walsh. It is a privately held, woman-owned business. The daily news sitewww.mjbizdaily.com is paired with a 10-times-a-year print and digital magazine that covers cannabis trends and how-to advice for business ownersMarijuana Business Magazine The business also covers international marijuana business, including Canada, Europe and Latin America witMJBizDaily International In addition, MJBizDaily has a site dedicated to news in the hemp and CBD spaceHemp Industry Daily In November 2012, the publication launched The Marijuana Business Conference & ExpoMJBizCon, a national trade show for the legal marijuana industry. The Marijuana B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Securities Exchange
Canadian Securities Exchange (CSE), operated by CNSX Inc., is a stock exchange domiciled in Canada. When recognized by the Ontario Securities Commission in 2004, CSE was the first new exchange approved in Ontario in 70 years. The CSE is a rapidly growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally. The Exchange's efficient operating model, advanced technology and low fee structure help companies of all sizes minimize their cost of capital and maximize access to liquidity. The CSE offers investors access to a broad selection of growth companies through a liquid, reliable and regulated trading platform. The Exchange is dedicated to entrepreneurship at all levels and has established itself as a leading hub for discourse in the entrepreneurial community. Designed to meet the needs of emerging public companies and their investors, CSE has experienced rapid growth over the last five years and lists over 700 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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