Cresco-Columbia Care Merger & Earnings

by | Mar 29, 2022 | Company Analysis, M&A / Capital Raise

Cresco Labs (CRLBF) announced a stock-swap merger with Columbia Care (CCHWF) on the day of its 4Q21 earnings, and Columbia Care gave disappointing guidance the next day. Our analysis of the deal, the quarterly reports, and the comments regarding asset sales and market share gains, is below.