Latest In: cresco labs

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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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Chart of marijuana MSOs earnings Q1 2022

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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Cresco seeks $38 million in tax breaks for New York marijuana production site

Multistate operator Cresco Labs is chasing tax breaks worth $38 million for its planned marijuana production and manufacturing…

News April 25
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Table showing 2021 financial performances of marijuana multistate operators

US cannabis MSO revenue surges in 2021, fueled by expansion, acquisitions

The top cannabis multistate operators in the U.S. posted huge revenue gains in 2021 over the previous year…

News April 5
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Map showing states where Cresco Labs, Columbia Care operations overlap

Cresco’s marijuana asset sales could hit $500 million after Columbia Care deal, analysts say

Cresco Labs is expected to sell off $250 million-$500 million worth of marijuana cultivation and retail licenses largely…

News March 29
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Cresco Labs to buy rival marijuana MSO Columbia Care in $2 billion deal

Major multistate cannabis operators Cresco Labs and Columbia Care said Wednesday they have agreed to combine in a…

News March 23
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