Cannabis Industry & Marijuana Business Briefs capital raise cresco labs Illinois Medical Cannabis Business & Marijuana Legal News Marijuana Sales, Funding & Banking News shelf prospectus shelf registration United States Cannabis Industry & Marijuana Business News

Marijuana MSO Cresco Labs files $1 billion shelf prospectus

Illinois-based marijuana multistate operator Cresco Labs filed a preliminary prospectus to raise up to $1 billion in securities over the next 25 months. Cresco is the latest cannabis company to file a large so-called shelf registration as the investmen…