Tag Archive: Columbia Care
Cannabis Briefs for September 26, 2023
•Columbia Care has undertaken a full rebrand, complete with a new name. Continue reading →
Posted in News on September 26, 2023Cresco Labs and Columbia Care Terminate $2 Billion Merger
Chicago, Illinois-based Cresco Labs and New York-based Columbia Care have mutually agreed to abandon the acquisition agreement that would have seen Cresco acquire Columbia Care in full. Continue reading →
Posted in News on August 1, 2023Cannabis Industry M&A Could Heat Up This Year
Cannabis merger and acquisition activity could increase this year, market research group BDSA predicts, owing to ongoing price compression and competition from the illicit market. Continue reading →
Posted in News on February 7, 2023Cresco Sees “Price Compression” Weigh Down Third-Quarter Sales
Illinois-based multistate operator Cresco saw sales slip 4% sequentially and 2% year-on-year in the three months through September to $210 million. Continue reading →
Posted in News on November 22, 2022Sean “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, 2022Cresco 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
