CRLBF vs JSDA vs VRNO Stock Comparison

Cresco Labs, Jones Soda and Verano Holdings Prices as of Oct 26, 2026 Peers: Industry group
CRLBF Cresco Labs Inc.
$0.64 -14.7% 1M -47.5% 1Y
Market cap
$220.10M
P/E
–
Revenue (TTM)
$651.13M
Div. yield
–
Cannabis Consumer Staples
3 wins
JSDA Jones Soda Co.
$0.23 -17.9% 1M +35.3% 1Y
Market cap
$26.87M
P/E
–
Revenue (TTM)
—
Div. yield
–
Non-Alcoholic Beverages Consumer Staples
3 wins
VRNO Verano Holdings Corp.
$5.08 -15.3% 1M -31.4% 1Y
Market cap
$372.38M
P/E
–
Revenue (TTM)
$835.52M
Div. yield
–
Cannabis Consumer Staples
3 wins

Head to Head

9 decided of 12

Verano Holdings leads on 3 of the 12 questions below (Verano Holdings 3, Cresco Labs 3, Jones Soda 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCRLBFJSDAVRNOLeader
Larger companyMarket capitalisation $220.10M $26.87M $372.38M VRNO
Cheaper on earningsLower P/E, profitable companies only -2.1x -15.1x -1.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months -5.0% — -1.4% VRNO
More profitableNet margin, trailing twelve months -16.1% — -30.9% CRLBF
Better return on capitalReturn on invested capital -4.4% — -12.3% CRLBF
Less leveragedLower net debt / EBITDA 22.4x — -24.5x VRNO
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -47.5% +35.3% -31.4% JSDA
Better 5-year returnAnnualised price return, 5 years -39.1%/yr -23.7%/yr -38.2%/yr JSDA
Less volatileAnnualised volatility, 1 year 122.9% 93.6% 120.3% JSDA
Higher overall scoreMean of the five percentile scores vs peers 37/100 — 36/100 CRLBF

Percentile Scorecard

CRLBFJSDAVRNO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCRLBFJSDAVRNO
Valuation 73 #11 of 38 – 14 #33 of 38
Growth 9 #32 of 35 97 #2 of 33 24 #27 of 35
Profitability 51 #18 of 36 – 46 #20 of 36
Financial Health 16 #33 of 39 – 63 #15 of 39
Shareholder Returns – – –
Overall 37 – 36
  • CRLBF ranked among 40 companies in Tobacco and Cannabis
  • JSDA ranked among 41 companies in Beverages
  • VRNO ranked among 40 companies in Tobacco and Cannabis

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCRLBFJSDAVRNOSPY
1 month -14.7%-17.9%-15.3% -0.8%
3 months -5.9%-23.3%-7.1% +3.5%
6 months -46.2%-14.8%-23.0% +7.0%
Year to date -48.0%-17.9%-19.4% +12.2%
1 year -47.5%+35.3%-31.4% +13.0%
3 years -44.8%+35.3%-68.7% +86.3%
3 years, per year -18.0%+10.6%-32.1% +23.1%
5 years -91.6%-74.2%-91.0% +68.6%
5 years, per year -39.1%-23.7%-38.2% +11.0%
10 years —-42.5%— +258.0%
10 years, per year —-5.4%— +13.6%

Risk

MeasureCRLBFJSDAVRNOSPY
Volatility, 1Y 122.9%93.6%120.3% 12.7%
Downside volatility, 1Y 112.3%102.8%114.0% 12.7%
Beta vs S&P 500, 1Y 1.510.270.93 1.00
Return / volatility, 1Y -0.390.38-0.26 1.02
Max drawdown, 5Y -95.5%-87.6%-96.6% -25.4%
From 52-week high -66.7%-39.5%-41.6% -1.8%
52-week high $1.92$0.38$8.70 $779.14
52-week low $0.59$0.17$3.95 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCRLBFJSDAVRNO
P/E now vs peer median -2.2xmedian 16.5x -15.1xmedian 26.6x -1.4xmedian 16.5x
P/S now vs peer median 0.3xmedian 0.9x —median 1.5x 2.6xmedian 0.9x
EV/EBITDA now vs peer median 35.1xmedian 12.3x —median 14.2x -199.9xmedian 12.3x
P/FCF now vs peer median 36.4xmedian 23.1x —median 18.3x 48.3xmedian 23.1x
P/B now vs peer median 0.9xmedian 1.0x —median 2.6x 3.3xmedian 1.0x
PEG now vs peer median -0.07median 0.56 -0.39median 2.09 0.02median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCRLBFJSDAVRNO
Revenue $651.13M – $835.52M
Gross profit $325.08M – $399.61M
Operating income -$33.18M – -$132.06M
Net income -$112.56M -$7.00K -$258.48M
Free cash flow $6.24M – $45.68M
EPS (diluted) $-0.30 $-0.02 $-3.54
Cash & equivalents $32.87M – $85.20M
Total debt $1.76B – $392.61M
Shares (diluted) 355.01M 116.81M 73.01M
Enterprise value $51.57M $26.87M $47.81M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCRLBFJSDAVRNO
P/E -2.2x -15.1x -1.4x
P/FCF 36.4x – 48.3x
P/Operating cash flow 5.2x – 24.7x
P/S 0.3x – 2.6x
P/B 0.9x – 3.3x
P/Tangible book -3.9x – 17.4x
EV/EBITDA 35.1x – -199.9x
EV/EBIT -18.8x – -19.0x
EV/Revenue 1.0x – 3.0x
EV/FCF 100.3x – 55.0x
EV/Operating cash flow 14.4x – 28.1x
PEG (3Y EPS CAGR) -0.07 -0.39 0.02

Growth

14 metrics
MetricCRLBFJSDAVRNO
Revenue growth (1Y) -5.0% – -1.4%
Revenue CAGR (3Y) -6.7% – -3.0%
Gross profit growth (1Y) -4.2% – -6.9%
Gross profit CAGR (3Y) -3.3% – -3.9%
Operating income growth (1Y) -144.0% – 46.3%
Operating income CAGR (3Y) 37.3% – -7.7%
Net income growth (1Y) -123.6% 99.9% 25.3%
Net income CAGR (3Y) 23.9% 89.7% 2.8%
EPS growth (1Y) -150.2% 83.5% -268.8%
EPS CAGR (3Y) 29.6% 39.0% -62.7%
Operating cash flow growth (1Y) -63.3% – 4.0%
Operating cash flow CAGR (3Y) 2.6% – -0.8%
Free cash flow growth (1Y) -95.7% – 594.0%
Free cash flow CAGR (3Y) -62.6% – 2.4%

Profitability

14 metrics
MetricCRLBFJSDAVRNO
Gross margin 49.9% – 47.8%
EBITDA margin 2.7% – -1.5%
Operating margin -5.1% – -15.8%
Pretax margin -15.9% – -24.5%
Net margin -16.1% – -30.9%
FCF margin 1.0% – 5.5%
Operating cash flow margin 6.7% – 10.7%
Return on equity -59.3% – -37.9%
Return on assets -12.2% – -15.2%
Return on invested capital -4.4% – -12.3%
Return on capital employed -3.0% – -8.3%
Asset turnover 0.5x – 0.5x
Cash conversion (OCF / net income) -0.4x – -0.3x
Stock comp / revenue 2.3% – 1.5%

Financial Health

11 metrics
MetricCRLBFJSDAVRNO
Debt / assets 34.1% – 23.1%
Debt / equity 1.6x – 0.6x
Net debt / EBITDA 22.4x – -24.5x
Debt / FCF 69.1x – 8.6x
Liabilities / assets 79.2% – 60.2%
Equity / assets 20.8% – 39.8%
Interest coverage – – –
Current ratio 1.8x – 3.7x
Quick ratio 0.5x – 1.0x
Cash ratio 0.2x – 0.8x
Altman Z-score -0.99 – 0.85

Shareholder Returns

7 metrics
MetricCRLBFJSDAVRNO
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCRLBFJSDAVRNO
EPS, next fiscal year $-0.03FY2026 – $-0.54FY2026
Revenue, next fiscal year $637.07MFY2026 – $807.61MFY2026
Revenue growth, next FY -2.9%FY2026 – -1.7%FY2026
Revenue growth, the year after +3.0% – +9.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCRLBFJSDAVRNO
Held by institutions 0.0% – 0.2%
Institutions holding 6 – 1
Change in shares held, QoQ -17.9% – –
Institutions buying 2 – 0
Institutions selling 0 – 1
Buyers to sellers – – 0.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CRLBFJSDAVRNO
CRLBF 1.00 0.09 0.88
JSDA 0.09 1.00 0.07
VRNO 0.88 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CRLBF, JSDA and VRNO?

Verano Holdings (VRNO) is the largest by market capitalisation: Cresco Labs (CRLBF) $220.10M, Jones Soda (JSDA) $26.87M, Verano Holdings (VRNO) $372.38M.

Which company is growing faster?

Verano Holdings (VRNO) grew revenue fastest over the trailing twelve months: Cresco Labs (CRLBF) -5.0%, Verano Holdings (VRNO) -1.4%.

Which company is more profitable?

Cresco Labs (CRLBF) has the highest net margin (Cresco Labs (CRLBF) -16.1%, Verano Holdings (VRNO) -30.9%). On return on invested capital, Cresco Labs (CRLBF) leads (Cresco Labs (CRLBF) -4.4%, Verano Holdings (VRNO) -12.3%).

Which stock has performed better?

Over the past year Jones Soda (JSDA) returned the most: Cresco Labs (CRLBF) -47.5%, Jones Soda (JSDA) +35.3%, Verano Holdings (VRNO) -31.4%. Over five years, Jones Soda (JSDA) compounded fastest (Cresco Labs (CRLBF) -39.1%/yr, Jones Soda (JSDA) -23.7%/yr, Verano Holdings (VRNO) -38.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Jones Soda (JSDA) has been the steadiest (Cresco Labs (CRLBF) 122.9%, Jones Soda (JSDA) 93.6%, Verano Holdings (VRNO) 120.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CRLBF, JSDA and VRNO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Verano Holdings (VRNO) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.