Cresco Labs, A Multistate Cannabis Company, has agreed to acquire Origin House for USD 823 Million

Posted by MarketsandMarkets on Apr 10, 2019 7:13:59 PM

Cresco Labs (US) is a multistate cannabis company that produces cannabis plants. It is a grower, processor and retailer of cannabis and operates across the United States. Origin House (US) is a distributor and provider of brand support services in California, the world’s largest regulated cannabis market. The company delivers more than 130 branded products through over 50 brands to most licensed dispensaries. The acquisition will provide Cresco with a large portfolio of brands to work with and on the other hand, Origin House will be able to expand its geographic presence. The acquisition will help in combining the expertise of both the companies that will help them in becoming a key North American cannabis company and one of the largest cannabis brand distributors.

Read More

Topics: Food and Beverage, cannabis market

Recent Posts

Subscribe Here!

Posts by Tag

See all