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Sean ‘Diddy’ Combs to buy Cresco, Columbia Care marijuana assets for up to $185 million

Business mogul and rapper Sean "Diddy" Combs agreed to buy marijuana retail and production assets owned by Columbia…

News November 4
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Chart of cannabis M&A activity by year and state.

Marijuana M&A has cooled in 2022, but it’s ‘far from disastrous,’ insiders say

After 2021’s record-breaking year for mergers and acquisitions, many marijuana industry insiders predicted that 2022 would be an…

News September 28
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How to navigate consolidation in the cannabis industry

Virtually all industries follow a predictable evolutionary path, from introduction to growth to maturity to decline. As the…

News September 21
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Columbia Care CEO set to net $100M-plus from Cresco cannabis merger

Columbia Care co-founder and longtime CEO Nicholas Vita likely will emerge with more than $100 million in cash…

News July 8
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Marijuana multistate operators see sluggish revenue, losses in first quarter

Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first quarter of 2022 versus…

News June 1
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Cresco Labs secures $38 million tax breaks for New York cannabis facility

Multistate operator Cresco Labs succeeded in its push to get $38 million in tax breaks for a planned…

News May 19
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New Jersey’s projected $2 billion recreational marijuana market kicks off

New Jersey’s projected $2 billion recreational marijuana market launched Thursday to long lines, free food and party music…

News April 21
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New Jersey to launch adult-use marijuana sales April 21 amid supply concerns

New Jersey will launch its projected $2 billion adult-use marijuana market on April 21 amid lingering questions about…

News April 15
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New Jersey gives adult-use marijuana green light to 7 multistate operators

More than a half-dozen existing medical marijuana operators in New Jersey - all large multistate operators - soon…

News April 11
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