Cresco Labs enters Massachusetts via Cultivate acquisition

Mugglehead
By Jared GnamMar 18, 2021, 8:19 pm254 pts
One of America’s biggest cannabis operators, Cresco Labs (CSE: CL) (OTCQX: CRLBF), is entering the lucrative Massachusetts adult-use market. On Thursday, the Chicago-based firm said it will pay US$90 million in stock to buy Cultivate, one of the first cannabis operators in the Bay State. Cresco Labs will pay…

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