M&A Deal Summary

Cresco Labs Acquires Blair Wellness

On August 17, 2021, Cresco Labs acquired consumer products company Blair Wellness

Acquisition Highlights
  • This is Cresco Labs’ 5th transaction in the Consumer Products sector.
  • This is Cresco Labs’ 7th transaction in the United States.
  • This is Cresco Labs’ 1st transaction in Maryland.

M&A Deal Summary
Date 2021-08-17
Target Blair Wellness
Sector Consumer Products
Buyer(s) Cresco Labs
Deal Type Add-on Acquisition

Target

Blair Wellness

Baltimore, Maryland, United States
Blair Wellness is a medical cannabis dispensary and a holistic wellness center dedicated to providing medical cannabis (MMJ) products and services to our patients. Blair Wellness is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Cresco Labs

Chicago, Illinois, United States
Category Company
Founded 2013
Sector Retail
DESCRIPTION

Cresco Labs LLC is a grower, processor and retailer of premium cannabis with operations in six states (IL, OH, PA, NV, CA and AZ), the company focuses on entering markets with outsized demand potential, significant supply constraints and high barriers to entry.

DEAL STATS #
Overall 8 of 11
Sector (Consumer Products) 5 of 7
Type (Add-on Acquisition) 8 of 11
State (Maryland) 1 of 1
Country (United States) 7 of 10
Year (2021) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-18 Cultivate Licensing

United States

Cultivate Licensing is a provider of cannabis cultivation. Cultivate Licensing is based in United States.

Buy $158M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-23 Cure Pennsylvania

Pennsylvania, United States

Cure Pennsylvania is a provider of medical marijuana. Cure Pennsylvania is based in Pennsylvania, United States.

Buy $90M
Mergr

Product

Company

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