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Sean Combs Enters $185 Million Deal with Cresco Labs and Columbia Care - MARY
Sean “Diddy” Combs, adding a new pillar to his music, fashion, media and booze empire, becomes the latest celebrity to wade into the $27 billion American cannabis industry, but with a plan far more comprehensive than dropping a branded flower strain. Combs will acquire retail, growing and manufacturing facilities in Illinois, New York and Massachusetts for an estimated $185 million, creating the first minority-owned vertically-integrated multi-state operator in the U.S. The deal, with the mogul’s goal of building “the largest […]
Staff