Will $2 billion merger of Cresco and Columbia Care reach the finish line? Analysts see ‘market doubt’ for cannabis deal.

Cresco Labs Inc. and Columbia Care Inc. investors have signaled that a major merger in the cannabis space may be struggling to reach the finish line, analysts said. In March 2022, Cresco Labs CRLBF, +...

Cannabis stocks rally after President Biden signs research bill and reports of SAFE Banking measure advancing

The AdvisorShares Pure U.S. Cannabis ETF MSOS, +4.50% bucked a down trend in the broad equities market on Monday and rallied 7.8%. The surge came days after President Joe Biden signed legislation Frid...

Trulieve beats out Curaleaf for top Q1 revenue spot for U.S. cannabis companies

Trulieve Cannabis Corp. TCNNF, +2.09% edged past Curaleaf Holdings Inc. CURLF, +0.16% to be the top revenue generator among U.S. cannabis companies in the first quarter with $318.3 million in revenue,...

Cannabis Mega-Merger: Cresco Is Buying Columbia Care

Text size Marijuana products are displayed at the Cresco Labs Sunnyside Lakeview dispensary in Chicago. Daniel Acker/Bloomberg Cresco Labs reached an agreement to acquire Columbia Care, a fellow Canad...