Cresco Labs buys Columbia Care in $2 billion marijuana merger

Charlie Bachtell, Cresco Labs CEO, joins CNBC’s “Fast Money” to discuss his company’s $2 billion deal to buy Columbia Care. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast 
 
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/ 

#CNBC
#CNBCTV

13 Comments

  1. Chris Molloy on April 26, 2022 at 7:39 pm

    😎



  2. turbine on April 26, 2022 at 7:52 pm

    Back yard solutions



  3. Glenn Zarmanov on April 26, 2022 at 7:54 pm

    this is great news



  4. News today ! on April 26, 2022 at 7:54 pm

    *The whole truth about the coronavirus. Watch the video you will be shocked* FACTDAY.CF . . . Hare Krishna Hare Krishna Krishna Krishna Hare Hare Hare Rama Hare Rama Rama Rama Hare Hare !



  5. K K on April 26, 2022 at 7:56 pm

    Watching the show today, it seemed like Grasso got to the cannabis trade a little early. Although it was fun watching that trade it or fade it segment. Melissa and the team are awesome.



  6. Chad WI on April 26, 2022 at 7:58 pm

    I love this company. Too many catalysts to attempt to try to stay calm and hold in the future.



  7. Donna Mark on April 26, 2022 at 8:02 pm

    It’s a very good idea if people get to setup some stuffs aside for themselves that could be bringing them money apart from there businesses



  8. Rodfather Fishing on April 26, 2022 at 8:03 pm

    Biden really screwed me out of gains by not legalizing it federally. What a POS democrat he’s literally living in the 1900s if he thinks weed should still be illegal 🙄



  9. marco benedict on April 26, 2022 at 8:05 pm

    The opportunity in cannabis investing is in the companies that will import and sale cannabis to us and Canadian and European cannabis companies.
    Think: how much does it cost to produce one gram of flower in North America? Then ask yourself: how mucho! does it cost cannabis companies in Colombia to produce a gram of flower?
    I give you a hint? The difference is 1000 %
    Us cannabis companies are already preparing for the day they will be importing cannabis and not involved in the production. Only the retailing of the product!!!!!
    Think of the California avocado and flower industries! What happened to them
    One went to Mexico and the other to Colombia
    How are the US cannabis companies preparing for that day?
    By selling the green houses and leasing them back.
    They know one day they will not need those greenhouses
    So sell innovative industries. The company that has being buying those properties
    They will find themselves with useless greenhouses.
    Three companies are growing cannabis in Colombia
    Do you know their names?
    Do your own research!!!!!!
    I give you three hints, their first letter of their name: K, L, P
    And yes, just today Colombia just pass the law allowing cannabis companies to export their agricultural products,
    This is moving fast so hurry up
    Khiron just enter Mexico
    Expected to be second largest cannabis market after USA



  10. Carlos Santiago on April 26, 2022 at 8:08 pm

    CRESCO drop the medical marijuana prices in Pennsylvania FOR US PATIENTS



  11. LClay Reed on April 26, 2022 at 8:18 pm

    CGC, TLRY, CRON… 👀 💸 💰



  12. RoyRoy on April 26, 2022 at 8:18 pm

    a white male CEO allowed to profit off an industry literally built on the backs and imprisonment of minorities.



  13. baggers kjeller on April 26, 2022 at 8:29 pm

    The fact is BTC is the future of crypto and the question most people ask themselves is – if this is right time to invest? I feel those who would allow the market dynamism to determine when to trade or not are either new in this space in general or probably just naive, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I’d say that more emphasis should be put into trading, since it is way profitable than holding. Trading went smooth for me as I was able to raise over 9 BTC when I started at 2.5 BTC in just 5 weeks of implementing trades with signals and insights from Paul Charlton, I would advise you all to trade your asset rather than hold for a future you aren’t sure about..you can reach Paul on ͲeIєɠɾαm👉CHARLTONTRADING