River North-based Cresco Labs is primed to become the nation’s largest cannabis firm after announcing plans Thursday to acquire Columbia Care in a $2 billion deal.
Cresco currently has operations in 10 states, including the maximum 10 dispensaries and three cultivation centers in Illinois. The blockbuster deal will expand Cresco’s footprint in those states and extend its reach into seven more states and Washington, D.C. Columbia is headquartered in Manhattan.
