Bennett Jones appears in Law360 and Reuters for advising Cresco Labs Inc. in its $2-billion acquisition of Columbia Care Inc., to create one of the largest marijuana producers and retailers in the world.
Law 360 notes that "Cresco Labs will acquire all the issued and outstanding shares of Columbia Care, with shareholders of the target receiving 0.5579 of a subordinate voting share of Cresco Labs for each Columbia Care common share they own. When the deal closes, it's expected that Columbia Care shareholders will own about 35% of the merged business."
Reuters' coverage includes Aaron Sonshine and Kris Hanc as leading the Bennett Jones deal team.
Both announcements can be read on the Law360 and Reuters websites.