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A Blank Rome team represented Needham Bank in providing a $50 million revolving credit facility to Cresco Labs, Inc. (CSE: CL) (OTCMKTS: CRLBF) (“Cresco”), a leading provider of consumer cannabis products. The new revolving line of credit will support Cresco’s ongoing working capital needs and mergers and acquisitions activity.

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For more information on this transaction, please read the press release: <a href="https://www.businesswire.com/news/home/20260608271049/en/Cresco-Labs-Closes-US%2450-Million-Revolving-Credit-Facility-with-Needham-Bank">Cresco Labs Closes US$50 Million Revolving Credit Facility with Needham Bank</a> (June 8, 2026).

The Blank Rome team was led by <a href="/people/frank-a-segall/" type="poa_person" id="18758">Frank A. Segall</a>, chair of Blank Rome’s Cannabis industry team, who arranged and structured the loan for the parties and closed it on behalf of Needham Bank with <a href="/people/gustav-stickley/" type="poa_person" id="18741">Gustav Stickley V</a>, <a href="/people/caitlin-e-barrett/" type="poa_person" id="18754">Caitlin E. Barrett</a>, <a href="/people/nicoline-cu/" type="poa_person" id="18886">Nicoline Cu</a>, <a href="/people/jaleh-r-najafali/" type="poa_person" id="18922">Jaleh R. Najafali</a>, and <a href="/people/carol-a-gershon/" type="poa_person" id="19100">Carol A. Gershon</a>.

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Caitlin E. Barrett

Nicoline Cu

Jaleh R. Najafali

Carol A. Gershon

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Blank Rome Represents Needham Bank in Providing $50 Million Revolving Credit Facility to Cresco Labs

Blank Rome Represents Needham Bank in Providing $50 Million Revolving Credit Facility to Cresco Labs

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Blank Rome Represents Needham Bank in Providing $50 Million Revolving Credit Facility to Cresco Labs

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