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U.S. cannabis company Cresco Labs Inc. will acquire cannabis distributor CannaRoyalty Corp. d/b/a Origin House in a deal valued at about C$1.1 billion, the two companies said Monday. The transaction, which represents the largest public company acquisition in the history of the U.S. cannabis industry, has been unanimously approved by the board of directors of both companies.
Original Article: Cresco Labs To Acquire Origin House For About C$1.1 BlnNEXT ARTICLE
Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...