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Tag Archive: Origin House

Cresco Closes Origin House Deal, Gaining California Distribution Operation

Cresco Labs’ long gestating acquisition of Origin House has closed, officially making Cresco one of the largest cannabis distributors in California. Continue reading →

Posted in News on January 14, 2020

Profits Still Elude Major Cannabis Companies In Second Quarter, But Strong Expansion Continues Apace

Numerous companies reported second quarter earnings in the past week, and while profits remain elusive, some key players are inching closer to profitability on rapidly expanding revenues. Continue reading →

Posted in News on September 3, 2019

Cannabis Briefs for June 18, 2019

Vertical Companies, a California cannabis brand producer and distributor, will acquire the newly formed cannabis holding company Umbrla for $462.5 million. Continue reading →

Posted in News on June 18, 2019

Cannabis Briefs for April 30, 2019

•Chicago, Illinois-based Cresco Labs saw revenue jump nearly 300% to $43.3 million for its fiscal year ended in December. Continue reading →

Posted in News on April 30, 2019

With Origin House Deal, Cresco Labs Targets California Market

In a major deal announced last week, Chicago, Illinois-based mixed medical and recreational cannabis company Cresco Labs is set to pay C$1.1 billion ($823m) to buy Ottawa-based Origin House in an all-stock deal. Continue reading →

Posted in News on April 9, 2019