CGC - Department Of Justice Delays Cresco Labs/Origin House Deal

All images are from Cresco Labs.

Summary

Cresco Labs (OTCQX:CRLBF) announced a C$1.1 billion acquisition of Origin House (OTCQX:ORHOF) in early April. I published details of this in my article, Billion Dollar Cannabis Acquisition: Cresco Labs Buys Origin House.

The deal was expected to close in June 2019, after a vote from Origin House shareholders. Origin House shareholders have now voted, with 99.6% support of the deal including over 99% support from both share classes.

But the deal has hit a snag: The antitrust division of the U.S. Department