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These are marijuana products on display at Cresco Labs CY+ dispensary in Wintersville, Ohio, on the first day of sales as part of Ohio’s Medical Marijuana program, Wednesday, Jan. 16, 2019. (AP Photo/Gene J. Puskar) This past week, Cresco Labs announced whatย will be the largest acquisition of a public company operating in the American cannabis industry to date, agreeing to buy CannaRoyalty (dba Origin House) in an all-stock transaction valued at $825 million. Cresco Labs is a multi-state operator (MSO) based out of Chicago, and the acquisition will give them a strong position in California, where Origin House operates as a distributor, manufacturer, cultivator and branding company. Investors embraced the deal, sending the stock of Cresco Labs, which began trading in December, to an all-time high as it closed 10% higher on the week. Mergers And Acquisitions Light Up The Cannabis Sector

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