Cresco Labs is a vertically-integrated multi-state cannabis operator inciting the progressive evolution of the medical cannabis industry.
Cresco Labs is a vertically-integrated multi-state cannabis operator inciting the progressive evolution of the medical cannabis industry. It grows, manufactures, and distributes cannabis using a consumer-packaged-goods (CPG) approach. The company is on a mission to normalize, professionalize, and revolutionize cannabis.
It was founded in 2013 and is headquartered in Chicago, Illinois.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 15, 2021 | Post-IPO Equity | $125M | — | — | — | Detail |
Feb 3, 2020 | Post-IPO Debt | $100M | — | — | — | Detail |
Nov 26, 2019 | Post-IPO Equity | $38M | — | — | — | Detail |
Oct 8, 2019 | Funding Round | — | 1 | — | — | Detail |
Sep 27, 2019 | Post-IPO Equity | $73.50M | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Merida Capital Holdings | — | Funding Round |
Cresco Labs has acquired 7 organizations. Their most recent acquisition was VidaCann on Mar 18, 2019. They acquired VidaCann for $120M.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Mar 18, 2019
VidaCann
|
Cannabis | acquisition | $ 120M | Detail |
Apr 1, 2019
Origin House
|
Business Development | acquisition | $ 850M | Detail |
Jan 14, 2021
Bluma Wellness
|
Alternative Medicine | acquisition | $ 213M | Detail |
Mar 18, 2021
Cultivate
|
Alternative Medicine | acquisition | $ 90M | Detail |
Aug 17, 2021
Blair Wellness
|
Alternative Medicine | acquisition | — | Detail |