Analyst, Corporate Development

Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey. 
 
Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis. 
 
At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism. 
 
If you’re interested in joining our mission, click the below links to join our team today!

At Cresco, we aim to lead the nation’s cannabis industry with a focus on regulatory compliance, product consistency, and customer satisfaction. Our operations bring legitimacy to the cannabis industry by acting with the highest level of integrity, strictly adhering to regulations, and promoting the clinical efficacy of cannabis. As Cresco grows, we will operate with the same level of professionalism and precision in each new market we move in to.

JOB SUMMARY

Cresco Labs Corporate is seeking an Analyst, Corporate Development to support our growing Corporate Development team. Within this role, you will be responsible for analyzing acquisition targets and partners in support of Cresco’s inorganic growth initiatives across our national footprint. This work includes developing in-depth analyses of target's financial statements, analyzing and conducting due diligence on potential targets and preparing detailed valuation models and recommendations for senior leadership. A successful applicant must possess high attention to detail, exceptional valuation modeling proficiency, effective verbal and written communications, and a desire to work in a fast pace environment. The position reports directly to our Vice President of Corporate Development and works closely with both corporate and regional teams.

CORE JOB DUTIES 

• Support all activities from deal sourcing to closing including identification, opportunity evaluation, financial analysis and valuation, investment case proposals and communications, legal contracting and agreements, due diligence, and negotiations
• Support the cross-functional collaboration and project management for the diligence, evaluation, and integration planning for acquisition opportunities
• Develops business cases for acquisitions and partnerships through qualitative and quantitative analyses
• Develops valuation models for prospective acquisitions and partnerships through the use of Excel. Uses various modeling techniques: multiples, discounted cash flow, strategic value, etc.
• Responsible for maintaining flexible, scenario-based financial models for both acquisitions and investment opportunities, including pro-forma synergy assessments
• Lead the development of periodic M&A updates to company executives; maintain internal M&A database; and create presentations on acquisition opportunities, strategic initiatives and potential new partner relationships
• Monitor the US cannabis peer financials, industry mergers, acquisitions and partnership trends for insights and comparative analysis
• Conduct ad-hoc qualitative and quantitative analyses for strategic planning, investing and integration efforts

REQUIRED EXPERIENCE, EDUCATION AND SKILLS 

• Bachelors degree in Business, Finance, Economics.
• 1-2+ years of applicable work experience, including experience in one of the following: corporate development, private equity / venture capital, transaction advisory, financial due diligence, strategy consulting or strategic planning / corporate strategy. or transaction experience (corporate development, or private equity).
• Completion of at least 1-2 deals in the last 2 years either as an employee of the acquirer or as an external consultant.
• Experience with financial modeling and data-driven analysis, such as market sizing and business plan development, that leads to decision execution.
• Experience developing comprehensive valuation models for mergers and acquisitions projects.
• Highly proficient in Microsoft Office, advanced in both Excel and PowerPoint.
• Experience with market and financial database providers (e.g., Bloomberg, FactSet, ThompsonOne, Capital IQ).
• Willingness to challenge the expected/norms and embrace discomfort in a rapidly changing market.

BENEFITS

Cresco Labs is proud to offer eligible employees a robust offering of benefits including, major medical, dental and vision insurance, a 401(K)-match program, FSA/HSA programs, LTD/STD options, life insurance and AD&D.  We also offer eligible employees paid holidays and paid time off.  Other rewards may include annual discretionary bonuses, stock options as well as participation in our employee discount program. Benefits eligibility for permanent positions may vary by full-time or part-time roles, location, or position.

COMPENSATION

In accordance with any local and state compensation laws, the estimated range of compensation is $85,000 - $95,000 + bonus eligible. Final offer details and future compensation may be determined by multiple factors including but not limited to, geographic location, market compensation data, skills, experience and other relevant factors. For questions about this please discuss with your recruiter during the interview process. 

ADDITIONAL REQUIREMENTS

• Must be 21 years of age or older to apply
• Must comply with all legal or company regulations for working in the industry 

Cresco Labs is an Equal Opportunity Employer and all applicants will be considered without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.