Cresco Labs Closes Acquisition Of Cultivate, Strengthens Position In Massachusetts
Acquiring Company
Cresco Labs
Acquired Company
Cultivate
Chicago
United KingdomAgriculture and FarmingCommunity And LifestyleHealth CareFood And BeverageAlternative MedicineDescription
Cresco Labs Inc. (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 closing of the Company’s previously announced acquisition of Cultivate (the “Transaction”).
Quick answer
Cresco Labs is acquiring Cultivate, announced September 3, 2021. Cresco Labs is based in Chicago, Illinois, United States.
- How much did Cresco Labs pay for Cultivate?
- 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 Cultivate based?
- Cresco Labs is based in Chicago, Illinois, United States. Cultivate is based in United Kingdom.
- 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.
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- Cresco Labs To Acquire A Top Performing Maryland Dispensary, Blair Wellness Center (August 17, 2021)
- Icanic Brands Announces Binding Loi To Acquire 100% Of Leef Holdings, California’S Premier Extraction Company (August 31, 2021)
- Curaleaf Completes Acquisition Of Los Sueños (October 4, 2021)
- Sun Life To Acquire Dentaquest, A Leader In Dental Benefits In The United States (October 3, 2021)
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When Cresco Labs changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Cultivate?
Cultivate was acquired by Cresco Labs, based in Chicago. The deal was reported on September 3, 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 Cultivate?
Cresco Labs's acquisition of Cultivate was reported on September 3, 2021. Cresco Labs Inc. (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 Cultivate do?
Cultivate is the company acquired in this transaction. It is privately held, and is based in United Kingdom.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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