Fundz

Cresco Labs To Acquire A Top Performing Maryland Dispensary, Blair Wellness Center

PUBLIC · CRLBFAug 17, 2021

Acquiring Company

Cresco Labs

Acquired Company

Blair Wellness Center

ChicagoAgriculture and FarmingCommunity And LifestyleHealth CareFood And BeverageAlternative Medicine

Description

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the execution of a definitive agreement to acquire 100% of the outstanding equity interests in Blair Wellness, LLC (“Blair Wellness”), a Baltimore, Maryland medical cannabis dispensary (the “Transaction”). The Transaction is expected to close in Q4 of 2021.

Quick answer

Cresco Labs is acquiring Blair Wellness Center, announced August 17, 2021. Cresco Labs is based in Chicago, Illinois, United States.

How much did Cresco Labs pay for Blair Wellness Center?
The deal value was not disclosed.
What does Cresco Labs do?
Cresco Labs is one of the largest vertically integrated multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry.
Where are Cresco Labs and Blair Wellness Center based?
Cresco Labs is based in Chicago, Illinois, United States.
Who are the decision-makers at Cresco Labs?
Fundz holds 1 contact at Cresco Labs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Agriculture and Farming and Community And Lifestyle

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Cresco Labs, and when

When Cresco Labs changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day Cresco Labs raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cresco Labs, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Cresco Labs. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Cresco Labs

Location

400 W ERIE ST SUITE 110

Chicago, Illinois, United States

About

Cresco Labs is one of the largest vertically integrated multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Employing a consumer-packaged goods (“CPG”) approach, Cresco Labs is the largest wholesaler of branded cannabis products in the U.S. Its brands are designed to meet the needs of all consumer segments and comprised of some of the most recognized and trusted national brands including Cresco, High Supply, Mindy's Edibles, Good News, Remedi, Wonder Wellness Co. and FloraCal Farms. Sunnyside, Cresco Labs’ national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs operates the industry’s largest Social Equity and Educational Development initiative, SEED, which was established to ensure that all members of society have the skills, knowledge and opportunity to work and own businesses in the cannabis industry. Learn more about Cresco Labs at www.crescolabs.com.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Cresco Labs makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Greg
Likely contact at this company
••••••••@••••••••

See Greg's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Cresco Labs's next move

Learn about Strategic plan

Frequently asked

Who acquired Blair Wellness Center?

Blair Wellness Center was acquired by Cresco Labs, based in Chicago. The deal was reported on August 17, 2021. Cresco Labs is one of the largest vertically integrated multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Cresco Labs is publicly traded (CRLBF) and operates in Agriculture and Farming.

When did Cresco Labs acquire Blair Wellness Center?

Cresco Labs's acquisition of Blair Wellness Center was reported on August 17, 2021. Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Blair Wellness Center do?

Blair Wellness Center is a holistic wellness center in Baltimore providing medical marijuana (MMJ) products and services to our patients. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.