Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of vertically integrated Massachusetts operator Cultivate. According to a news release, Cresco is paying $15 million in cash and $75 million in stock for Cultivate – plus potentially up to another $68 million in earnouts. The deal is […]
Cannabis MSO Cresco expands in Massachusetts via $90M acquisition is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Credit:Source link