Cresco Labs nixes $282.5 million acquisition of marijuana firm Tryke

MJBizDaily
By John SchroyerApr 27, 2020, 7:33 pm289 pts
In another sign that underscores the financial hesitancy hitting the national cannabis industry, Chicago-based Cresco Labs said Monday it’s pulling out of a previously agreed-upon acquisition of Tryke Cos., a vertically integrated marijuana business that operates in Arizona and Nevada. The acquisition, which…

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