Equity.Guru podcast: Cannabis brand king, Marc Lustig, outlines direction for Origin House (OH.C) in wake of $1.1 billion acquisition

2019-05-31

Big news dropped in April this year when U.S. pot operator, Cresco Labs (CL.C), snapped up Canadian cannabis brand giant Origin House (OH.C) in a friendly all-stock deal worth USD$1.1 billion. The deal combined Origin's extensive cannabis brand portfolio with Cresco's cultivation and retail network, giving the cannabis conglomerate access to 11 states in the U.S. with over 50 brands being sold out of 750 dispensaries. Equity.Guru's own Chris Parry spoke with Origin House CEO Marc Lustig...

Big news dropped in April this year when U.S. pot operator, Cresco Labs (CL.C), snapped up Canadian cannabis brand giant Origin House (OH.C) in a friendly all-stock deal worth USD$1.1 billion.

The deal combined Origin's extensive cannabis brand portfolio with Cresco's cultivation and retail network, giving the cannabis conglomerate access to 11 states in the U.S. with over 50 brands being sold out of 750 dispensaries.

Equity.Guru's own Chris Parry spoke with Origin House CEO Marc Lustig about the market, changes in investor sentiment and how the company intended to pursue opportunities in a post-cultivation cannabis market.

Listen in!

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