Cresco Labs

[8] Bachtell, who earned a Juris Doctor in 2003 at DePaul University College of Law, wrote a 25-page business plan within 72 hours of Illinois’ 2013 passage of its medical marijuana law on the suggestion of Caltabiano, a childhood leukemia survivor who maintained an active interest in cancer care and philanthropy.

[8] The company operated cultivation facilities beginning in November 2015, with its first retail cannabis sales occurring in January 2016.

The deal, denominated at $1.1 billion Canadian dollars,[19][20] was undertaken to increase Cresco's presence in California, in which Origin House products were already sold through more than 500 dispensaries.

[19] The deal was not completed until January 9, 2020, because the two companies received requests for information from the U.S. Department of Justice's Antitrust Division in June 2019.

[21] On Jan 14, 2021, Cresco entered into a definitive agreement to acquire Bluma Wellness (CSE: BWEL.U) (OTCQX:BMWLF), a Florida licensee, in an all-share transaction valued at $213 million.

[22] In March 2022, Cresco Labs announced the acquisition of New York-based cannabis firm, Columbia Care, for $2 billion in an all-stock transaction.

Sunnyside will be oriented around a wellness theme, to replace and consolidate the 11 brands currently used by Cresco's retail locations.