What Happened?
Chicago, IL-based Cresco-Labs Appointed Charlie Bachtell as Founder and Chief Executive Officer
Date of management change: January 15, 2015
Chicago, IL-based Cresco-Labs Appointed Charlie Bachtell as Founder and Chief Executive Officer
Cresco Labs is a recognized leader in the U.S. cannabis industry through experienced management, access to capital and a demonstrated growth strategy. As a differentiated grower, processor and retailer of premium cannabis with operations in six states (Illinois, Ohio, Pennsylvania, Nevada, California and Arizona), the company focuses on entering markets with outsized demand potential, significant supply constraints and high barriers to entry. Its unparalleled speed-to-market gives Cresco a distinct competitive advantage as it replicates its model to expand its national footprint. The company has a core value of normalizing and professionalizing the cannabis industry. Cresco`s proven ability to execute is complemented by a well-defined brand strategy that is tailored to all major consumer segments: everyday cannabis, medicinally focused, connoisseur grade, and chef inspired edibles by James Beard Award-winning pastry chef Mindy Segal.
Charlie Bachtell is Founder and Chief Executive Officer at Cresco Labs. Previously, Charlie held various senior HR leadership roles in the industry.
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