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cresco labs

Cresco Labs Buys Tryke For $282 Million, Picks Up Reef Dispensaries

AZ CANNABIS AMMA

ORIGINAL REPORTING By Debra Borchardt Cresco Labs Inc.  (CSE: CL) (OTCQX: CRLBF) has announced a plan to acquire Tryke Companies including six prime Reef Dispensary locations in Nevada and Arizona, expanded licensed cultivation and process capacity in Las Vegas and Phoenix and entry into the Utah market. The purchase price is $282.5 million which includes $30 million in real estate assets. The payment is a mix of Cresco Labs shares (approximately US$227.5 million), which …

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Week in Review: CannTrust considers its options, Cresco rebrands, Harvest’s cannabis regulatory tumult & more

ORIGINAL REPORTING By Marijuana Business Daily staff FOR MJBizDaily   Troubled CannTrust hires an adviser to explore a possible sale, Cresco rebrands its dispensaries, Harvest Health & Recreation hits some regulatory snags in Pennsylvania and Ohio – and more of the week’s top marijuana business news. Amid turbulence, CannTrust seeks ‘strategic alternatives’ To cap off a rough-and-tumble month for …

Week in Review: CannTrust considers its options, Cresco rebrands, Harvest’s cannabis regulatory tumult & more Read More »

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