Podknife - Cresco Labs M&A by The Talking Hedge

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Cresco Labs M&A

Podcast |: The Talking Hedge
Publisher |: Josh Kincaid
Media Type |: audio
Podknife tags |: Business,; Interview,; Marijuana,; Society & Culture
Categories Via RSS |: Business,; Business News,; Investing,; News
Publication Date |: Mar 28, 2022
Episode Duration |: 00:09:30

Major multistate #marijuana operators Cresco Labs (OTC: CRLBF) and Columbia Care (OTC: CCHWF) on Wednesday said they have agreed to combine in a blockbuster deal worth roughly $2 billion, with Chicago-based Cresco set to acquire New York-headquartered Columbia.

The combined footprint of the two companies would include more than 130 #cannabis retail locations across 17 states and the District of Columbia, reaching about 55% of the U.S. population.

The proposed all-stock #merger is one of the largest in the #cannabisindustry to date and would produce one of the biggest #MSOs in the nation.

Episode 916 The #TalkingHedge looks at MJ Biz Daily’s article...

https://youtu.be/s0seVOhKFpE

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