Cresco Labs closes $100 million raise, draws institutional investors to cannabis industry

MJBizDaily
By Lisa Bernard-KuhnOct 5, 2018, 5:29 pm1.1k ptsHotTop
Chicago-based cannabis firm Cresco Labs closed a $100 million funding round that attracted institutional investors, a notable milestone for cannabis finance in the United States. The raise represents the second-largest deal inked in the U.S. marijuana industry to date. New York-based Acreage Holdings’ $119…

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