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Diddy to buy Cresco, Columbia Care marijuana assets for up to $185 million

The hip-hop mogul has agreed to pay up to $185 million in a deal to acquire Cresco Labs Inc. and Columbia Care Inc.

The hip-hop mogul has agreed to pay up to $185 million in a deal to acquire Cresco Labs Inc. and Columbia Care Inc.

The deal will also create the 含羞草研究社渨orld含羞草研究社檚 largest Black-owned cannabis company.

含羞草研究社淢y mission has always been to create opportunities for Black entrepreneurs in industries where we含羞草研究社檝e traditionally been denied access,含羞草研究社 Diddy, via press release.

The deal includes nine retail stores and three production facilities across New York, Massachusetts and Illinois.

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