Cresco Labs Closes Second Largest Cannabis Company Private Funding Round in U.S.

Cresco Labs Closes Second Largest Cannabis Company Private Funding Round in U.S.

Cresco Labs announced on October 5th it has closed its oversubscribed Series D funding that secured $100 million. The company now has the second largest successful private funding for a cannabis company. Acreage Holdings holds the current record of a $119 million Series E funding round that closed on July 23rd of this year.

The company’s goal of further expansion into medicinal and recreational cannabis markets can now continue with the secured capital.

Cresco Labs Closes Second Largest Cannabis Company Private Funding Round in U.S.

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