Cresco Labs to Buy Columbia Care in $2 Billion Cannabis Deal

Deal will expand Cresco reach to 17 states, up from 10, Marijuana industry is consolidating amid U.S. legal hurdles Cresco Labs Inc. plans to buy Columbia Care Inc. for about $2 billion in one of the largest cannabis industry mergers yet.…

Cannabis Producer Cresco nears $2 billion purchase of Columbia Care – sources

March 22 (Reuters) - U.S. cannabis producer Cresco Labs Inc (CL.CD) is in advanced talks to buy rival Columbia Care Inc (CCHW.NLB) for around $2 billion, three people familiar with the matter said on Tuesday. If a deal is finalised…

Columbia Care Reports Preliminary First Quarter 2020 Results and Provides Operational Update

PRESS RELEASE Unaudited First Quarter Combined Revenue (1) up 125% Over Prior Year Period and 18% Sequentially Capital Transactions Provide Approximately $45 Million in Liquidity – Additional Transactions Expected to Follow in 2H 2020 NEW YORK--(BUSINESS WIRE)--Columbia Care, Inc. (NEO:…

Agreement to Develop Portfolio of Proprietary, Plant-Based Combination Cannabinoid Functional Health and Wellness Products

August 31, 2019
Press Release
Banking, Finance & Real Estate, Marketing
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PRESS RELEASE Columbia Care partners with FDA approved, GMP certified German developer and manufacturer of ultra-high quality herbal extracts, organic plant-based combination supplements and functional beverages with 75-year history of serving the pharmaceutical and food industries through its well established…

Columbia Care Reports Second Quarter 2019 Results

August 7, 2019
Press Release
Banking, Finance & Real Estate, Press Releases
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PRESS RELEASE Second quarter 2019 revenue of $19.3 million, an increase of 102% over prior year period Expansion of US footprint with launches in California, Florida, Ohio and Puerto Rico, reinforcing organic growth strategy in key markets Launch of the…

Columbia Care Announces Launch in Puerto Rico with Approval to Begin Vertically Integrated Operations

PRESS RELEASE One of the fastest growing US medical cannabis markets, Puerto Rico has experienced over 180% growth in registered patients since summer 2018 Operations will include 25,000 square foot cultivation and manufacturing facility and three dispensaries, the first of…

Columbia Care Enters World’s Largest Regulated Cannabis Market with Grand Opening of Flagship Dispensary in San Diego, California

PRESS RELEASE Global medical cannabis leader launches west coast expansion plan in California’s largest, limited license metropolitan market Nationally proven high-touch, provider-based dispensary model and proprietary pharmaceutical-quality products bring novel, impactful and personalized cannabis-based health and wellness solutions to California…

Columbia Care Announces Launch of Pioneering Research Study to Identify Genetic Factors Affecting the Efficacy and Safety of Medical Cannabis

PRESS RELEASE First-of-their-kind results to enhance patient experience and efficacy of Columbia Care products by further informing and personalizing treatment recommendations to support optimal product dosing and formulation selection NEW YORK--(BUSINESS WIRE)--Columbia Care Inc. (“Columbia Care” or the “Company”) (NEO:…