Published 1 year ago

Sean ‘Diddy’ Combs entering cannabis market in Illinois

Summary by WGN 9

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 …

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CNBC

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

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

1 year ago·United States

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The Business Journals

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

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

1 year ago·United States

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Benzinga

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)

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

1 year ago·New York, United States

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Chicago Tribune

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

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.

1 year ago·Chicago, United States

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Chicago Sun Times

Sean ‘Diddy’ Combs to gain stake in cannabis trade

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…

1 year ago·Chicago, United States

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