Shareholders approved measures that streamline capital structure and governance to position the Company for a potential senior U.S. exchange listing
CHICAGO– NOVEMBER 2, 2026 – Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), today announced the results of its annual general and special meeting of shareholders (the “Meeting”) held on October 30, 2026.
At the Meeting, shareholders approved three special resolutions relating to:
(1) creation of a new parent company (“TopCo”) and exchange of Cresco Labs securities and participating Cresco Labs LLC membership interests for TopCo securities,
(2) a potential, subsequent redomicile of TopCo from British Columbia to Delaware, and
(3) an extension of the listing sunset date applicable to the Company’s multiple voting shares from the first to the third anniversary of a U.S. listing.
Shareholders also voted to approve other annual items of business, including electing the following seven directors:
- Charles Bachtell
- Marc Lustig
- Thomas J. Manning
- Randy D. Podolsky
- Michele Roberts
- Robert M. Sampson
- Edward Tilly
Each of the foregoing matters was approved by at least 94% of the shares voted at the Meeting.
About Cresco Labs Inc.
Cresco Labs’ mission is to normalize and professionalize the cannabis industry through a CPG 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 ongoing 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, workforce development, and legislative initiatives designed to create the most responsible, respectable and robust cannabis industry possible. Learn more about Cresco Labs’ journey by visiting www.crescolabs.com or following the Company on Facebook, X or LinkedIn.
