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The Latest Breaking News from Columbia Care

Weed giants Columbia Care, Cresco Labs call off plans for $2 billion merger

Cresco Labs and Columbia Care announced Monday the termination of a merger that was originally struck in 2022.

Chicago Sun-Times

Columbia Care Q3 Revenue Revenue Grows 2% To $133M

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) reported its financial and operating results for the third quarter ended September 30, 2022. About Q3 2022:

Benzinga

Sean ‘Diddy’ Combs to buy Chicago-area cannabis operations in deal connected to $2 billion Cresco-Columbia Care merger

Sean “Diddy” Combs has agreed to buy nine cannabis retail stores and three production facilities in Illinois, New York and Massachusetts for $185 million as part of required antitrust divestitures for the pending $2 billion Cresco-Columbia Care megamerger.

Chicago Tribune

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Cresco Labs Gains 'Firm Visibility' With Recent Asset Sales To Sean Diddy Combs

Cresco Labs Inc (OTCMKTS: CRLBF) and Columbia Care Inc (OTCMKTS: CCHWF) announced the signing of definitive agreements to divest certain New York, Illinois, and Massachusetts assets to an entity owned and controlled by

Benzinga

EXCLUSIVE: Sean 'Diddy' Combs' Right-Hand Man Tarik Brooks Tells All, Why Combs Enterprises Is Getting Into Cannabis

This week, an entity owned and controlled by Sean “Diddy” Combs known as Combs Enterprises announced the signing of definitive agreements to acquire certain cannabis assets in Ne

Benzinga

Sean ‘Diddy’ Combs to gain stake in cannabis trade

The music and fashion mogul will acquire stores in Chicago and Villa Park and a growing operation in Aurora in a deal with Cresco Labs and Columbia Care.

Chicago Sun-Times

Sean 'Diddy' To Buy Cannabis Assets From Cresco & Columbia Care, Creating The Largest Minority-Owned MSO

Cresco Labs (OTCQX: CRLBF) (CSE:CL) and Columbia Care (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) announced the signing of definitive agreements to divest certain New York, Illinois, and Massachusetts

Benzinga

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Columbia Care: Updated Estimates Ahead Of Acquisition By Cresco Labs

The Analyst

Benzinga

'One Of Best-In-Class' Cannabis MSOs Has 'Optionality' When States Go Recreational, Bullish Analyst Says After Results

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) reported its financial results on Wednesday for the second quarter of fiscal 2022, revealing a 4% year-ove

Benzinga

Where Is The Cheapest Weed In America? A Close Look At Cannabis Pricing In PA And FL

Pablo Zuanic from Cantor Fitzgerald offered an industry update, covering cannabis pricing in Pennsylvania and Florida based on retailers’ menus. “Think of this report as 'food for thought' - we are not adjusting estimates or our investment views,” Zuanic said.

Benzinga

How do they grow all that weed? Inside a new 270,000-square-foot pot producing plant in South Jersey

Volley Hayhurst had just finished donning a disposable lab coat when he glanced at his mobile phone and let out an enthusiastic “Yes!”

The Philadelphia Inquirer

Cannabis In New Jersey: How Did The Market Change Since Recreational Weed Was Legalized?

On Thursday, Cantor Fitzgerald analyst Pablo Zuanic offered an update on New Jersey’s recreational cannabis market. Zuanic analyzed the competitive landscape and the changes in the recreational cannabis market in The Garden State. Although the report is not a second-quarter preview, the analyst offered an estimation of the evolution of…

Benzinga

Cannabis Chart of the Week: Is The SAFE+ Act Scaring Away The Shorts?

Cannabis stocks have rallied over the last several weeks as discussion of the Schumer/Booker bill and the likelihood of a pivot to a SAFE+ Banking Act dominated the news. Articles in the press have made it seem as though short sellers had been vigorously covering their positions.

Benzinga

What Do Cannabis And Mortgage Banking Have In Common? A Lot, According To Charlie Bachtell Of Cresco Labs

After the sweeping success of Benzinga's 4/20 Miami event, the Benzinga Cannabis Capital Conference is heading back to Chicago.

Benzinga

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Benzinga

Columbia Care Operationalizes Second Cannabis Facility In New Jersey

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW)(FSE: 3LP) has started operations in its new, approximately 270,000-square-foot cultivation and production facility in New Jersey, begun using post-harvest automation equipment, and expanded its adult use shoppi

Benzinga

Cresco Lab's 1Q Results After Conference Call, Analyst Opines

The Analyst Following Cresco Labs’ (OTC: CRLBF) (CSE:CL) conference call, Pablo Zuanic, from Cantor Fitzgerald kept an "Overweight" rating and maintained a 12-month price target of $19.

Benzinga

Cresco Labs Q1 Revenue Grows 20%, Here Are The Details

Cresco Labs Inc. (OTCQX: CRLBF) (CSE: CL) (FSE:6CQ) released its financial results for the three months ended March 31, 2022, revealing revenue of $214 million, up 20% year-over-year.

Benzinga

Columbia Care: Challenging 1Q, Stock Is Now Tied to Cresco Deal Analyst Says

The Analyst Pablo Zuanic, from Cantor Fitzgerald, rated Columbia Care Inc. (OTC: CCHWF) as Overweight with a price target of $5.10.

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Benzinga

Cresco Labs One Step Closer To Acquiring Columbia Care, Here Are The Details

The 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with Cresco Labs' (CSE:CL) (OTCQX: CRLBF) proposed acquisition of Columbia Care <

Benzinga

Columbia Care Brings Its Cannabis Brands, Seed & Strain And Classix, To Colorado

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE:3LP) has introduced two of its flower brands, Seed & Strain and Classix, to the Colorado market.

Benzinga

U.S. Cannabis Earnings: 3 Reasons Why A Revenue Growth Trough Has Been Reached in 2022

It’s no secret that the U.S. cannabis market, as broadly reflected by the industry benchmark AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS), has experienced a precipitous slowdown in growth over the past couple of quarters.

Benzinga

Cannabis Dispensary Roundup: Consumption Lounges Are Back At Artist Tree In California, Curaleaf, Columbia Care, Verano & Ayr Wellness Open Shops

Curaleaf Holdings Kicks Off Sales At Two New Florida Stores

Benzinga

Columbia Care Brings Cannabist Dispensary Experience To Portsmouth, Virginia

Columbia Care Inc. (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE: 3LP) announced that its Portsmouth dispensary, located at 4012 Seaboard Ct., has completed the re-brand to the company’s Cannabist retail experience.

Benzinga

Cannabis Dispensary Roundup: SLOCAL Roots, The Botanist, Columbia Care, Ethos Cannabis

SLOCAL Roots Opens Shop In San Luis Obispo, Plans To Launch Another California Retail Location This Fall

Benzinga

Columbia Care And Acreage Holdings' Cannabis Workers In New Jersey Vote To Unionize

The United Food and Commercial Workers (UFCW) Local 360 announced that employees at Columbia Care's (OTCQX: CCHWF) Cannabist retail location and Acreage Holdings’ (OTCQX: ACRHF)&n

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