Cresco punts on acquisition
Durings its earnings call earlier this week, Chicago-based Cresco Labs announced that it had terminated a planned $282.5 million acquisition of Tryke, owner of the Reef-branded dispensaries which operate in Phoenix, Las Vegas and other markets.
What’s next for NewLake?
NewLake Capital Partners, the cannabis-focused Real Estate Investment Trust co-founded by Green Thumb Industries founding CEO Pete Kadens and Avante online debt broker Al Goldstein, is more than 80 percent invested in a $100 million fund it initiated in 2019.
In an interview with New Cannabis Ventures, NewLake CEO Anthoney Coniglio discussed what the firm is seeking with its remaining $15 million to $20 million in “dry powder” and what other opportunities lay ahead for the firm and industry at large.
Alpha Singh, Robbie Fulks and others all drop into The Pandemic Talk Show Daily
Grown In is a proud producer and sponsor of The Pandemic Talk Show Daily, hosted by WBEZ’s Justin Kaufmann, Second City’s T.J. Shanoff, and Scott Goldstein. The program, which originates on Zoom and is streamed on Facebook, YouTube and other channels, invites newsmakers, comedians, musicians and others to share what they are doing, thinking and preparing for during these pandemic times.
Word around the campfire is that Saturday Night Live alum and film star Horatio Sans will make an appearance at 4:00 p.m. today. Join the Pandemic Talk Show Facebook page to keep up with the latest.