Cresco Labs (CL.C) and Origin House (OH.C) have updated the terms of their $1.1B acquisition, repricing the all-stock transaction to match declining share prices since the deal’s announcement in April.
Fundamental hype: As US MSO’s struggle, is National Access Cannabis (META.V) building the Canadian alternative?
About eighteen months ago, National Access Cannabis (META.V) emerged as part II of the Chuck Rifici master plan of Canadian weed v2.0 domination.
Equity.Guru podcast: Marc Lustig, cannabis brand king, outlines direction for Origin House (OH.C) in wake of $1.1 billion acquisition
Big news dropped in April this year when U.S. pot operator, Cresco Labs (CL.C), snapped up Canadian cannabis brand giant Origin House (OH.C) in a friendly all-stock deal worth USD$1.1 billion.
This morning, Chicago-based Cresco Labs (CL.C) announced it would be acquiring Origin House (OH.C) (formerly CannaRoyalty) in an all-stock deal worth CAN$1.1 billion.