Brief: Cresco Labs To Acquire Tryke Companies

Cresco Labs

16/09/2019 12:22

Sept 16 (Reuters) - Cresco Labs Inc  CL.CD :
    * CRESCO LABS TO ACQUIRE TRYKE COMPANIES INCLUDING THE REEF
DISPENSARY PORTFOLIO - CONSISTENT WITH STATED PLAN TO ESTABLISH
MARKET LEADING POSITIONS IN BOTH NEVADA AND ARIZONA AND BUILD
BRAND AND WHOLESALE CAPABILITIES
    * CRESCO LABS INC - DEAL FOR APPROXIMATELY US$252.5 MILLION
FOR
TRYKE OPERATING ASSETS PLUS US$30 MILLION FOR TRYKE REAL ESTATE
ASSETS
    * CRESCO LABS - ENTERED AGREEMENT WITH GROUP OF INVESTMENT
DEALERS
UNDER WHICH UNDERWRITERS TO BUY UPTO 7.4 MILLION UNITS OF CO AT
C$10.00 PER UNIT

Source text for Eikon:  ID:nCNWsr8Zda 
Further company coverage:  CL.CD 

 ((Reuters.Briefs@thomsonreuters.com;))