Cresco Labs Inc (CNSX:CL) CEO on Transformational Acquisition of Origin House (CNSX:OH) скачать в хорошем качестве

Cresco Labs Inc (CNSX:CL) CEO on Transformational Acquisition of Origin House (CNSX:OH)

Cresco Labs Inc (CNSX:CL) (OTCMKTS:CRLBF) CEO Charlie Bachtell discusses the company’s focus on branding and distribution as well as its recent acquisition of Origin House (CNSX:OH) (OTCMKTS:ORHOF) (FRA:CY4). Bachtell reveals that the company’s focus on the middle verticals of the cannabis value chain made it a perfect fit with California-based Origin House. Bachtell sees the acquisition as highly accretive for both companies and emphasizes the combined entity’s distribution footprint in the country’s largest cannabis market. He describes the deal as the next generation of US M&A activity because it was M&A activity designed to ensure success, not simply expansion. Cresco is currently in 11 states and the company’s geographic expansion has been strategic. The company prioritizes expanding into states with regulatory frameworks designed to eliminate the illicit market. Cresco has operations in states with the largest populations or that are home to key markets like Phoenix and Las Vegas. Cresco has the highest market share in Illinois and Pennsylvania as well as the largest distribution network in California. With top tier markets secured, Bachtell anticipates focusing on executing on recent M&A activity. ************************ Check out our website: https://midasletter.com ************************ SUBSCRIBE to our YouTube: http://bit.ly/MidasLetterYoutube SUBSCRIBE to our 2nd YouTube Channel - Midas Letter Clips: https://bit.ly/2rtQzgy SUBSCRIBE to our Newsletter: http://bit.ly/MidasLetterNewsletter Download Our Podcast on iTunes: http://bit.ly/MidasLetterPodcast ************************ Follow Us on Twitter: http://bit.ly/MidasLetterTwitter Like Us on Instagram: http://bit.ly/MidasLetterInsta Like Us on Facebook: http://bit.ly/MidasLetterFacebook ************************ #WeedStocks #MidasLetter