If You'd Invested $1,000 in CRLBF 5 Years Ago, Here's How Much You'd Have Today

Like nearly every other marijuana stock on the market, multi-state operator (MSO) Cresco Labs (OTC: CRLBF) has been struggling mightily over the years. The pot industry is beset by many challenges including persistent black- and gray-market competition, lack of access to the most basic financial services, and high taxation that can dissuade potential customers. As a result, Cresco and its peers haven't been good additions to anyone's stock portfolio. Might that change before long?Since hitting a peak in 2021, Cresco's share price has really withered. Even with that jump, over the past five years a $1,000 play on the stock would have shrunk to only $200 and a little change at present. In contrast, the same bet on the S&P 500 index across that stretch of time would have become $1,878. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool