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Largest U.S. Cannabis Acquisition: Cresco Takes Origin House

Stockhouse Editorial
1 Comment| April 2, 2019

Multistate cannabis Company Cresco Labs Inc(CSE:CLOTCQB: CRLBFForum) announced this week that it will acquire all issued and outstanding shares of Origin House (CSE: OH, OTCQX: ORHOF), a leading distributor and provider of brand support services in California. This represents the largest-ever Public Company Acquisition in the U.S. Cannabis Sector.

For more on this acquisition, click here.

One of the largest vertically-integrated operators in the United States, Cresco Labs also entered the Michigan market last week after pre-qualifying for a cultivation and processing license in Michigan by its Department of Licensing and Regulatory Affairs Medical Marihuana Licensing Board. The Company can now move forward with the licensing process for its intended facilities.

FULL DISCLOSURE: Cresco Labs Inc. is a client of Stockhouse Publishing.

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