Cresco s $2B planned merger with Columbia Care called off chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Chicago-based Cresco Labs and Columbia Care called off their $2 billion cannabis megamerger Monday, citing “evolving” market conditions that include falling stock prices, tightening credit and flattening industry sales. The companies also scratched the $185 million sale of cannabis facilities in Illinois, New York and Massachusetts to rapper/producer Sean “Diddy” Combs, which were part of .
Chicago-based Cresco Labs and Columbia Care called off their $2 billion cannabis megamerger Monday, citing “evolving” market conditions that include falling stock prices, tightening credit and flattening industry sales. The companies also scratched the $185 million sale of cannabis facilities in Illinois, New York and Massachusetts to rapper/producer Sean “Diddy” Combs, which were part of .
A professional investor tells us where he’d put his money. This week: Nick Train, portfolio manager of the Finsbury Growth & Income Trust, highlights four favourites.