Cresco Labs Inc. CRLBF, +0.70% CL, +1.21% reported revenue Tuesday that missed Wall Street expectations. The weed producer reported a third-quarter net loss of $8.6 million, versus net income of $1.2 million in the year-ago quarter. Cresco did not report a per-share earnings figure. Revenue rose to $36.2 million from $12.7 million a year ago. Analysts polled by FactSet expected sales of $37.9 million. U.S. traded shares of Cresco Labs have dropped 14% this year, as the S&P 500 index SPX, +0.22% has gained 25%. The ETFMG Alternative Harvest ETF MJ, -1.74% has fallen 32% this year. Cresco shares closed up 0.7% in regular trading Tuesday.