Tuesday, September 17, 2019

Cresco Labs acquires marijuana company Tryke for $282.5 million

Chicago-based Cresco Labs said it is buying Tryke, a vertically integrated private cannabis company active in Nevada and Arizona, for $282.5 million. Here are the basics around the announcement: The $282.5 million price tag is made up of $55 million in cash and the balance in stock. Tryke posted revenue of $70.4 million in fiscal

Cresco Labs acquires marijuana company Tryke for $282.5 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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Originally posted on Cresco Labs acquires marijuana company Tryke for $282.5 million via George Scorsis Medical Marijuana News

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