September 16, 2025 – 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 September 16, 2025.
At the Meeting, the number of directors of the Company for the ensuing year was fixed at seven (7) and the following nominees for election as directors of the Company were elected by a majority of votes cast by the shareholders virtually present or represented by proxy at the Meeting:
- Charles Bachtell
- Gerald F. Corcoran
- Robert M. Sampson
- Thomas J. Manning
- Marc Lustig
- Michele Roberts
- Randy D. Podolsky
In addition, Baker Tilly US, LLP was appointed as the Company’s auditor for the ensuing year.
Shareholders also voted to approve the Company’s Award Exchange Program (the “Award Exchange”). Under the Award Exchange, certain employees were given the option to exchange certain underwater options for a like number of full value awards with new three-year vesting terms in an effort to link pay to performance and secure their continuing services for the benefit of Cresco Labs shareholders.
Each of the foregoing matters was approved by at least 96% 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.
