Cresco Labs Acquires Laurel Harvest Labs
December 10, 2021
Cresco Labs has completed the acquisition of Pennsylvania clinical registrant Laurel Harvest Labs, adding ~52,000 sq. ft. of indoor cultivation/processing capacity, an operational dispensary in Montgomeryville and a second dispensary under construction in Scranton. The deal expands Cresco’s retail and cultivation footprint in Pennsylvania to strengthen its wholesale market position and support clinical research partnerships.
- Buyers
- Cresco Labs, Inc.
- Targets
- Laurel Harvest Labs, LLC
- Industry
- Consumer Products
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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