Largest-Ever Acquisition in U.S. Cannabis Markets In what will be the largest US-based cannabis acquisition to-date, Chicago-based Cresco Labs has agreed to buy CannaRoyalty in an all-stock transaction valued at $825 million. Cresco stock soared 10% higher and closed at an all-time high, signaling investor support for the deal. This follows on the heels of […]
New Illinois Gov. Pritzker pleges to legalize pot in inaugural address; first-time users propel Colorado’s 2019 cannabis sales to $1 billion in record time.
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