Cresco Labs gains on launching advertisements in Spotify

Cresco Labs

07/09/2023 16:48

** Shares of cannabis firm Cresco Labs  CL.CD  up 15.8% at
C$3.45  
    ** Co says it would launch first-ever cannabis
advertisements on Spotify  SPOT.N    
    ** "The ad campaign, which aims to communicate the benefits
of shopping at Sunnyside dispensary, includes 30 second audio
and in-app digital banners that drive to the retailer's
proprietary e-commerce platform" - Co 
    ** Including the session, stock is up 42.9% YTD

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))