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Tag Archive: Columbia Care

Sean “Diddy” Combs Gains Multistate Cannabis Footprint In Deal With Cresco, Columbia Care

Sean “Diddy” Combs has struck a $185 million deal to acquire cannabis retail and production assets in New York, Illinois, and Massachusetts from Cresco and Columbia Care. Continue reading →

Posted in News on November 8, 2022

Cresco Posts 4% Sales Increase, Warns On “Tough Macro Backdrop”

Illinois-based multi-state operator Cresco Labs saw sales increase 4% year-on-year to $218 million, as adjusted EBITDA rose 11% to $51 million. Continue reading →

Posted in News on August 23, 2022

Cannabis Briefs for July 19, 2022

•Las Vegas, Nevada-based cannabis company The Source+ is launching a new line of gummies called High Heads. Continue reading →

Posted in News on July 19, 2022

New Jersey To Kick Off Recreational Cannabis Sales Thursday

Just a day late, New Jersey governor Phil Murphy announced that recreational cannabis sales will begin this week on April 21, the day after the unofficial cannabis holiday 4/20. Continue reading →

Posted in News on April 19, 2022

Breaking: $2 Billion Cannabis Deal Announced, As Cresco Acquires Columbia Care

One of the biggest cannabis deals to date was announced this morning, as Illinois-based Cresco Labs has agreed to acquire fellow multi-state operator Columbia Care for $2 billion. Continue reading →

Posted in News on March 23, 2022

Cannabis Briefs for November 9, 2021

•Tremaine Wright, head of New York’s Cannabis Control Board, said that the state will not begin issuing cannabis businesses licenses until spring 2023 at the earliest, according to reporting from Rochester’s City News. Continue reading →

Posted in News on November 9, 2021

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