Image courtesy of shoplovepot
The numbers are heating up. Two major U.S. cannabis operators, Cresco Labs and Columbia Care, have agreed on a $2 billion acquisition deal. The deal is expected to close Q4 of 2022 and will result in Columbia Care becoming a part of Chicago-based, Cresco Labs. Columbia Care shareholders will have 35% of Cresco shares.
The deal will help both companies expand their operations across states to spur growth. Cresco Labs is hiring and that’s an example of green on green.
