CHICAGO (March 2, 2020)—PRESS RELEASE—Joe Caltabiano has announced his resignation as president of Cresco Labs. He intends to continue his role on Cresco’s Board of Directors.

“As the founder who brought the initial idea of entering into the regulated cannabis industry to the original Cresco team in 2013, this day is bittersweet,” Caltabiano noted. “Starting Cresco, and watching it grow to become one of the most important cannabis companies in the industry has been a dream come true. However, as a serial entrepreneur, I know it’s time for the next challenge. I leave the company in a great position to further our original mission.”