Cresco Labs To Buy Bluma Wellness For $213 Mln; Expand Into Florida - Quick Facts

By RTTNews3 days ago

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Cresco Labs, a multi-state cannabis operator, has agreed to acquire all of the issued and outstanding shares of Bluma Wellness Inc. in an all-share transaction that values Bluma Wellness at an equity value of $213 million, the two companies said Thursday. Bluma operates a vertically-integrated, licensed medical cannabis company in Florida.

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