M&A Deal Summary |
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Date | 2022-03-23 |
Target | Columbia Care |
Sector | Consumer Products |
Buyer(s) | Cresco Labs |
Deal Type | Add-on Acquisition |
Advisor(s) | Canaccord Genuity (Financial) Stikeman Elliott Foley Hoag (Legal) |
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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 | 11 of 11 |
Sector (Consumer Products) | 7 of 7 |
Type (Add-on Acquisition) | 11 of 11 |
State (New York) | 1 of 1 |
Country (United States) | 10 of 10 |
Year (2022) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-10-14 |
Laurel Harvest Labs
Montgomeryville, Pennsylvania, United States Laurel Harvest Labs is a full-service marijuana dispensary focused on patient care. The company delivers targeted medicinal cannabis products to Pennsylvania’s patients. It advances the science around cannabis to produce cutting-edge research with Temple and ultimately increase the efficacy of therapies and patient outcomes. Laurel Harvest Labs was formed in 2020 and is based in Montgomeryville, Pennsylvania. |
Buy | $80M |