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CL - Cresco Labs Inc News Story

C$8.84 0.4  4.9%

Last Trade - 8:24pm

Sector
Healthcare
Size
Mid Cap
Market Cap £1.65bn
Enterprise Value £1.81bn
Revenue £133.2m
Position in Universe 147th / 2675

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

Mon 1st April, 2019 1:56pm
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)
 ((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 80 6749 2439; Reuters Messaging:
shradha.singh@.thomsonreuters.com@reuters.net))
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