CHICAGO — Ahead of a planned merger, Sean "Diddy" Combs announced he is getting into the cannabis business in Illinois and two other states.Chicago-based Cresco Labs and New York-based Columbia Care plan to merge by early next year and agreed to divest some assets to the hip hop icon and entrepreneur.In Illinois, Combs is acquiring Columbia Care's retail locations in Jefferson Park and Villa Park. Additionally, he will be acquiring a production …

Benzinga

New York

United States

EXCLUSIVE: Sean 'Diddy' Combs' Right-Hand Man Tarik Brooks Tells All, Why Combs Enterprises Is Getting Into Cannabis - Cresco Labs (OTC:CRLBF), Columbia Care (OTC:CCHWF)

Hip-hop mogul and businessman Sean “Diddy” Combs is venturing into the world of cannabis.

Ad Fontes Media

All Sides

Media Bias/Fact Check

CNBC

Roberts family

Sean ‘Diddy' Combs to Acquire Cannabis Businesses for Up to $185M

This week, an entity owned and controlled by Sean &ldquo;Diddy&rdquo; Combs known as&nbsp;Combs Enterprises announced the signing of definitive agreements to acquire certain cannabis assets in Ne

Diddy’s company comes from the divestment of cannabis subsidiaries originally owned by Cresco Labs and Columbia Care.

The Business Journals

Advance Publications

Sean 'Diddy' Combs makes $180M investment in the cannabis sector

The deal includes the Columbia Care dispensaries in Villa Park and Chicago’s Jefferson Park neighborhood as well as a Columbia Care production facility in Aurora.

Chicago Tribune

Alden Global Capital

Chicago

Cook County

Illinois

Sean ‘Diddy’ Combs to buy Chicago-area cannabis operations in deal connected to $2 billion Cresco-Columbia Care merger

Sean “Diddy” CombsProvidedRapper Sean “Diddy” Combs could become a dominant African American player in the cannabis industry with a pending deal for production and retail outlets in the Chicago area and in New York and Massachusetts.In a deal worth at least $155 million, Combs is buying assets being spun off by Cresco Labs as part of its acquisition of a competitor, Columbia Care. Combs and company officials said the sale announced Friday will d…

Chicago Sun Times

Sean ‘Diddy’ Combs to gain stake in cannabis trade

Sunnyside’s Worcester location is now one of several dispensaries now under the ownership of rapper and businessman Sean “Diddy” Combs.

Mass Live

Springfield

Hampden County

Massachusetts

Sean 'Diddy' Combs makes $185-million cannabis business investment

Rapper Sean “Diddy” Combs could become a dominant African American player in the cannabis industry with a pending deal for production and retail outlets in the Chicago area and in New York and Massachusetts.

NBC Chicago

HM Capital Partners

Sean ‘Diddy' Combs to Gain Stake in Cannabis Trade, Could Control 3 Chicago-Area Facilities

WGN 9

Nexstar Media Group

Tribune Media

Sean ‘Diddy’ Combs entering cannabis market in Illinois

Hip-hop mogul and entrepreneur is acquiring marijuana assets to be divested in merger of Cresco Labs and Columbia Care

Wall Street Journal

Murdoch family

WSJ News Exclusive | Sean ‘Diddy’ Combs to Buy Cannabis Operations in New York, Two Other States for Up to $185 Million

If regulators approve the deal, Combs is on track to create the world’s largest Black-owned cannabis company. Read more on Boston.com.

Boston.com

Boston

Suffolk County

Sean 'Diddy' Combs to buy Mass. cannabis operations in multi-million-dollar deal

Sean ‘Diddy’ Combs entering cannabis market in Illinois

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics