Tag: CBT > Cresco Labs: Page 3

Florida
Cresco Labs Launches FloraCal, and Cresco Live Rosin and Flower in Florida
The company’s branded products will be sold in the state’s Sunnyside dispensaries starting next week.
September 21, 2023
Cresco Labs expanded its brand portfolio in Florida to include a suite of flower and live rosin products from its premium FloraCal and Cresco brands.
Cannabis Advertising
Cresco Labs Launches First-Ever Cannabis Advertisements on Spotify
The company began advertising its national retail brand, Sunnyside, on the world’s most popular audio streaming subscription service.
September 7, 2023
Cresco Labs is the first cannabis company to launch cannabis advertising on Spotify. Pictured is an ad for the company’s national retail brand, Sunnyside.
Florida
Cresco Labs Expands Florida Footprint With Sunnyside Dispensary in Palm Bay
The new retail facility in east central Florida is the company’s 32nd location in the Sunshine State.
August 7, 2023
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Finance
No Deal: Cresco Labs, Columbia Care Call Off $2-Billion Merger
The multistate cannabis operators terminated an acquisition agreement dating back to March 2022; the Sean “Diddy” Combs deal is off, too.
July 31, 2023
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Industry Headlines
Cresco Labs Going Heavy on Florida, Pennsylvania Retail Growth
The company is planning ahead with pro-forma market potential lined up for its acquisition of Columbia Care.
July 31, 2023
Sunnyside medical cannabis dispensary in Somerset, Pa.
Illinois
Cannabis Conflict in Chicago: Cresco Labs Sues Green Thumb
The company filed a lawsuit accusing a former employee of violating a noncompete clause when he was hired by Green Thumb Industries.
July 24, 2023
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Expanding to Adult Use
Where the Nation’s 8 Largest Cannabis MSOs Are Expanding in 2023 (and Why)
We’ve seen corporate operators pulling out of California, Colorado, Oregon and Massachusetts, but which markets are they tackling now?
July 18, 2023
The nation's largest cannabis companies are taking on retail expansion opportunities Florida, Pennsylvania, Maryland and elsewhere in 2023.
Finance
Where the Cresco-Columbia Care Merger Stands on Deadline Day
The multistate cannabis operators continue to work “amicably” on their definitive agreement.
June 30, 2023
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Mergers and Acquisitions
Cresco Labs, Columbia Care Delay Closing of $2-Billion Merger
The multistate operators mutually agreed to extend their proposed closing date to the second quarter of 2023.
February 27, 2023
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Florida
Sunnyside Cannabis Dispensary Launches Patient Loyalty Program in Florida
Sunnyside Rewards delivers a best-in-class digital loyalty experience through Sunnyside.shop.
December 13, 2022
Interviews & Opinion
Cresco Labs and Columbia Care on Sean 'Diddy' Combs Deal: 'We Didn't Want To Go To Another Cannabis Operator'
Columbia Care CEO Nick Vita explains why he and Cresco Labs CEO and co-founder Charlie Bachtell 'weren't reliant on industry players' for the recently announced sale of some of their cannabis dispensaries and production facilities in New York, Illinois and Massachusetts, and more about what played into the decision to sell now.
November 9, 2022
Cresco Labs and Columbia Care will be divesting four retail locations and one production facility in New York, the state they said commanded the highest value in the $185 million sale to Sean Combs of Combs Enterprises, announced Nov. 4.
Illinois
Cresco Labs, Columbia Care Announce Divestiture in 3 Markets to Sean “Diddy” Combs
Cresco and Columbia Care’s agreement to sell New York, Illinois and Massachusetts assets marks major steps toward closing their own M&A deal.
November 4, 2022
The proposed acquisition by Sean “Diddy” Combs will create the largest Black owned business in cannabis.
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