$213 Million

Cresco Labs


Financial Advisor, January 2021

Acquisition of Bluma Wellness

Headquartered in Illinois, Cresco is one of the largest vertically integrated, multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Employing a consumer-packaged goods (“CPG”) approach, Cresco is the largest wholesaler of branded cannabis products in the U.S. Its brands are designed to meet the needs of all consumer segments and comprised of some of the most recognized and trusted brands including Cresco, Remedi, High Supply, Cresco Reserve, Good News, Wonder Wellness, FloraCal Farms and Mindy’s Chef Led Artisanal Edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside, Cresco’s national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers.

Bluma Wellness Inc. owns and operates a vertically integrated, licensed medical cannabis company in the State of Florida doing business as “One Plant.” Bluma cultivates, processes, dispenses and retails medical cannabis to qualified patients throughout the State of Florida. It currently operates a 54,000 square foot cultivation facility as well as seven dispensary locations, and expects to open five additional stores by the end of 2021. One Plant also has an innovative next-day door-to-door e-commerce home delivery service which offers convenient access for its customers in the evolving retail landscape. Bluma plans to continue expanding its cultivation and distribution operations as the Florida market grows and may enter other U.S. states where the production, distribution and use of cannabis is permitted under state law.

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