Cresco Labs Purchases Origin House With Tiny Premium Becoming One of the Largest MSOs
Today Cresco Labs announced they are acquiring Origin House for C$1.1B which works out to $12.68 per share. Not exactly a giant premium, but the combined entity will create arguably the largest cannabis company in the United States. Origin House is a top distributor in California. The company offers a full suite of support services […]
Cannabis One Holdings Inc. Expands Premier Brand Portfolio with Acquisition of “Fat Face Farms” Brand from Cannabis Industry Veteran, JBC Enterprises LLC
VANCOUVER and DENVER, April 1, 2019 /CNW/ – Cannabis One Holdings Inc. (CSE:CBIS) (“Cannabis One“, “CBIS” or the “Company“), an emerging, premier “House of Brands” in North America, is pleased to announce that it has executed a definitive asset purchase agreement (the “Definitive Agreement“) to acquire certain assets of Colorado-based JBC Enterprises LLC (“JBC” or “Fat Face Farms“), which operates the premium, branded cannabis cultivation […]
Evergreen Organix: Acquisition Target, or Just a Partner?
Evergreen Organix, based in Las Vegas, Nevada, has become the premiere edibles brand within the state. Through it’s partnership ties to Cannabis One (CSE: CBIS), we know that it has an obscene amount of market penetration – its products are currently found in 60 out of 63 dispensaries within Nevada, accounting for a 95.2% market […]