Cresco Labs CRLBF CA:CL and Columbia Care CCHWF said Friday they will not be able to sell off the required business units necessary to secure all necessary regulatory approvals to close their pending merger deal by the outside date of June 30. “At this stage, Cresco and Columbia Care are working amicably with respect to the next steps in relation to the transaction and will provide further updates in the near future,” the companies said.
Cresco Labs CRLBF CL and Columbia Care CCHWF said Friday they will not be able to sell off the required business units necessary to secure all necessary regulatory approvals to close their pending merger deal by the outside date of June 30. “At this stage, Cresco and Columbia Care are working amicably with respect to the next steps in relation to the transaction and will provide further updates in the near future,” the companies said.