Cannabis company Cresco Labs (CSE: CL) (OTCQX: CRLBF) has completed its purchase of Verdant Creations’ four dispensaries in Ohio.
The newly acquired stores are located in Cincinnati, Chillicothe, Newark and Marion. This brings the company’s total number of dispensaries in the state to five, which is the maximum permissible in the Buckeye State.
Cresco already has one dispensary in Wintersville and a cultivation and processing facility in Yellow Springs.
The Chicago-based company's strategy is to bolster its presence across states that have a developed cannabis market. …