Cresco Labs announced additional actions in board refreshment and corporate governance to further strengthen its leadership in the cannabis industry. Cresco has appointed Carol Vallone to its board of directors, effective immediately. Ms. Vallone is a well-known business leader, former CEO, and corporate board director, with a strong track record in launching, scaling, and managing global companies. Currently, Ms. Vallone serves as Chair of the Board of Trustees at McLean Hospital. She also serves on the board of trustees at MGH Institute of Health Professions, and on the finance committee at Mass General Brigham. In joining the Cresco Labs board of directors, Ms. Vallone will become the second female member of the board and will serve alongside Michele Roberts, the Executive Director of the NBA Players Association, who was elected in April. The Company announced that Brian McCormack, Vice Chairman of the board, has retired from the Company's board of directors as part of the planned board refreshment process.