CHICAGO--(BUSINESS WIRE)--May 5, 2026--
Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), today announced the grand opening of Sunnyside Aberdeen, located in Aberdeen, Ohio. This marks the Company's second Ohio dispensary opening in the past month, increasing its footprint to eight locations statewide and 74 nationally.
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“Sunnyside Aberdeen is our second dispensary opening in the state in a month, reflecting our commitment to serving more communities across Ohio,” said Charlie Bachtell, CEO of Cresco Labs. “We’re excited to join the Aberdeen community and expand access to our approachable, trusted retail experience.”
Located on U.S. Route 52, one of the region’s primary travel corridors, Sunnyside Aberdeen offers convenient access for consumers traveling throughout the Ohio River Valley. The dispensary offers a broad selection of cannabis products designed to meet different consumer needs, including brands from Cresco Labs’ portfolio such as Cresco, Supply, Mindy’s, Wonder, and Good News, along with a curated assortment of accessories.
Consumers can shop in-store or place orders online at www.sunnyside.shop for pickup. Store hours are 9 a.m. to 9 p.m. daily.
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.
Forward-Looking Statements
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Such forward-looking statements are not representative of historical facts or information or current condition but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking statements can be identified by the use of forward-looking terminology such as, ‘may,’ ‘will,’ ‘should,’ ‘could,’ ‘would,’ ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘estimates,’ ‘projects,’ ‘predicts,’ ‘potential,’ or ‘continue,’ or the negative of those forms or other comparable terms. The Company’s forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to those risks discussed under “Risk Factors” in the Company’s Annual Information Form for the year ended December 31, 2024, filed on SEDAR+ and EDGAR, other documents filed by the Company with Canadian securities regulatory authorities; and other factors, many of which are beyond the control of the Company. Readers are cautioned that the foregoing list of factors is not exhaustive. Because of these uncertainties, you should not place undue reliance on the Company’s forward-looking statements. No assurances are given as to the future trading price or trading volumes of Cresco Labs’ shares, nor as to the Company’s financial performance in future financial periods. The Company does not intend to update any of these factors or to publicly announce the result of any revisions to any of the Company’s forward-looking statements contained herein, whether as a result of new information, any future event, or otherwise. Except as otherwise indicated, this press release speaks as of the date hereof. The distribution of this press release does not imply that there has been no change in the affairs of the Company after the date hereof or create any duty or commitment to update or supplement any information provided in this press release or otherwise.
Sunnyside Aberdeen is located at 1025 US-52, Aberdeen, Ohio
DUBAI, United Arab Emirates (AP) — The Iran war risked reigniting after the U.S. tried to force open the Strait of Hormuz for commercial shipping, though a ceasefire seemed to be holding Tuesday even after the United Arab Emirates said Iran fired missiles and drones at it.
It is unclear what will follow after an American attempt to end Iran’s stranglehold on the strait by creating an “enhanced security area." A prominent Iranian official accused the U.S. of undermining regional security with the effort and warned that Iran will respond.
The U.S. military said two American-flagged merchant ships successfully transited the strait on Monday, and that it fired on Iranian forces, sinking six small boats that were targeting vessels. It remained to be seen if any more ships would cross on Tuesday.
Ship tracking data showed a Panamanian-flagged crude oil tanker heading toward the center of the strait Tuesday morning after leaving an anchorage in the Persian Gulf, though it was unclear if it would try to pass through. The tanker had a stated destination of Singapore, according to the MarineTraffic ship tracking site.
Iran’s effective closure of the strait, through which about a fifth of the world’s trade in oil and natural gas typically passes, along with fertilizer and other petroleum-derived products, has sent fuel prices skyrocketing, rattled the global economy, and proved a major strategic advantage in negotiations to end the war. Breaking that chokehold would ease global economic concerns and deny Tehran a major source of leverage.
But such efforts also risk reigniting the full-scale fighting that erupted when the U.S. and Israel first attacked Iran on Feb. 28, prompting it to close the strait.
Iran has said the new U.S. effort is a violation of the fragile ceasefire that has held for more than three weeks.
In a post on X Tuesday, Iran’s powerful parliamentary speaker and chief negotiator, Mohammad Bagher Qalibaf, accused Washington of undermining shipping security in the Strait of Hormuz.
Qalibaf warned that a “new equation” in the strait is taking shape. He signaled that Tehran has yet to fully respond to the U.S. attempt to reopen the waterway, saying: “We know full well that the continuation of the status quo is intolerable for America; while we have not even begun yet.”
U.S. President Donald Trump on Sunday warned that Iranian efforts to halt passage through the strait “will, unfortunately, have to be dealt with forcefully.” He said the U.S. effort to reopen the strait, dubbed “Project Freedom,” was intended to aid stranded seafarers on hundreds of ships stuck in the Persian Gulf since the war began.
The U.S.-led Joint Maritime Information Center advised ships on Monday to cross the strait in Oman’s waters, saying it had set up an “enhanced security area.”
The United Arab Emirates' Defense Ministry said its air defenses had engaged 15 missiles and four drones fired by Iran. Authorities in the eastern emirate of Fujairah said one drone sparked a fire at a key oil facility, wounding three Indian nationals. The British military reported two cargo vessels ablaze off the UAE.
Indian Prime Minister Narendra Modi on Tuesday condemned the attacks, saying the targeting of civilians and infrastructure was “unacceptable.” In a statement on X, Modi said India stands in “firm solidarity” with the UAE, and stressed the need for safe and uninterrupted shipping through the Strait of Hormuz, saying it “is vital for enduring regional peace, stability and global energy security.”
Tehran did not confirm or deny the attacks but early on Tuesday, Iran’s Foreign Minister Abbas Araghchi said on X that both the U.S. and the UAE “should be wary of being dragged back into quagmire.”
Pakistan, which has been mediating between the U.S. and Iran, and Saudi Arabia both condemned the strikes against the UAE.
Saudi's condemnation, in a statement from its foreign ministry, came despite increasingly strained relations between Saudi and the UAE.
The disruption of the waterway has squeezed countries in Europe and Asia that depend on Persian Gulf oil and gas, raising prices far beyond the region.
The U.S. has meanwhile enforced a naval blockade on Iranian ports since April 13, telling at least 49 commercial ships to turn back, according to Central Command. It's also warned shipping companies they could face sanctions if they pay Iran for transit of the strait.
The blockade has deprived Tehran of oil revenue it needs to shore up its ailing economy. U.S. officials have expressed hope the blockade will force Iran to make concessions in talks on its disputed nuclear program and other longstanding issues.
Iran’s latest proposal for ending the war calls for the U.S. to lift sanctions, end the blockade, withdraw forces from the region, and cease all hostilities including Israel’s operations in Lebanon, according to the semiofficial Nour News and Tasnim agencies, which have close ties to Iran’s security apparatus.
Iranian officials said they were reviewing the U.S. response. Tehran has claimed its proposal does not include its nuclear program and enriched uranium, long a driving force in tensions with the U.S. and Israel.
Iran wants other issues resolved within 30 days and aims to end the war rather than extend the ceasefire. Trump expressed doubt over the weekend that the proposal would lead to a deal.
Becatoros reported from Athens, Greece. Sally Abou AlJoud in Beirut, Lebanon and Sheikh Saaliq in New Delhi contributed to this report.
Israeli soldiers drive a tank inside a village in southern Lebanon, as seen from northern Israel, Tuesday, May 5, 2026. (AP Photo/Ariel Schalit)
An Iranian demonstrator waves a flag of Lebanon's militant Hezbollah group under an anti-U.S. billboard depicting the American aircrafts into the Iranian armed forces fishing net with signs that read in Farsi: "The Strait of Hormuz will remain closed, The entire Persian Gulf is our hunting ground," during a pro-government gathering at Enqelab-e-Eslami, or Islamic Revolution, square in Tehran, Iran, Monday, May 4, 2026. (AP Photo/Vahid Salemi)
A bulk cargo ship sits at anchor in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026.(Amirhosein Khorgooi/ISNA via AP)
