Acquiring Company
Cresco Labs
Acquired Company
Three Dispensaries
ChicagoAgriculture 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 execution of a definitive agreement to acquire 100% of the outstanding equity interests in Bay, LLC d/b/a Cure Pennsylvania (“Cure Penn”) for an aggregate consideration equal to US$90 million (the “Transaction”). The Transaction is expected to close in Q4 of 2021.
Quick answer
Cresco Labs is acquiring Three Dispensaries, announced September 23, 2021. Cresco Labs is based in Chicago, Illinois, United States.
- How much did Cresco Labs pay for Three Dispensaries?
- 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 Three Dispensaries 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.
- Icanic Brands Announces Binding Loi To Acquire Substance Llc (September 30, 2021)
- Cresco Labs Closes Acquisition Of Cultivate, Strengthens Position In Massachusetts (September 3, 2021)
- 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)
- New Frontier Data To Acquire The Medical Cannabis Businesses Of Skylight Health Group Inc. (October 30, 2021)
- Curaleaf Completes Acquisition Of Los Sueños (October 4, 2021)
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
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Frequently asked
Who acquired Three Dispensaries?
Three Dispensaries was acquired by Cresco Labs, based in Chicago. The deal was reported on September 23, 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 Three Dispensaries?
Cresco Labs's acquisition of Three Dispensaries was reported on September 23, 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 Three Dispensaries do?
Three Dispensaries is the company acquired in this transaction. It is privately held.
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