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
Location
Pennsylvania, United States
Transaction Type
Buyout

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