Cannabis company Cresco Labs to buy Origin House for about C$1.1 bln

Cresco Labs

01/04/2019 13:56

April 1 (Reuters) - U.S. cannabis company Cresco Labs Inc
 CL.CD  said on Monday it would buy pot distributor Origin House
for about C$1.1 billion  ($823.29 million).
    Origin House shareholders will receive 0.8428 shares of
Cresco Labs for each share.

($1 = 1.3361 Canadian dollars)

 (Reporting By Shradha Singh in Bengaluru
Editing by Saumyadeb Chakrabarty)
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