Cresco terminates VidaCann acquisition, highlighting cannabis industry’s focus on saving cash

MJBizDaily
By Nick ThomasNov 26, 2019, 5:13 pm218 pts
Chicago-based multistate cannabis operator Cresco Labs said it is ending its agreement to buy Florida’s VidaCann, becoming the latest U.S. marijuana M&A deal to unravel and highlighting the steps companies are taking to navigate a rocky business environment. Cresco’s decision, in particular, sheds light on…

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