Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics.
Introduction
Cresco Labs (OTCQX:CRLBF) is busy transforming its businesses through a slew of acquisitions. The company announced a number of deals throughout 2019, but things didn't go as planned for all of them. After originally announcing a deal to buy VidaCann in Florida in March, the company terminated the deal in November amid a shortage of capital. After MedMen terminated its PharmaCann transaction, we think more cannabis companies will re-evaluate their