Cresco Labs (OTCQX:CRLBF) has been busy expanding its sprawling network in the U.S. cannabis market. Since we initiated coverage of the company in January 2019, the company has made two large acquisitions to significantly strengthen its footprint in two of the most important cannabis markets: California and Florida. We are upgrading our view on Cresco Labs and believe it should be considered as part of a core portfolio of U.S. cannabis plays, which has been our preferred approach.
Buying Origin House in California
On April 1, Cresco Labs announced that it will acquire