Previous Close | 13.84 |
Open | 13.59 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's Range | 13.84 - 13.84 |
52 Week Range | 13.03 - 16.07 |
Volume | |
Avg. Volume | 0 |
Market Cap | 285.594M |
Beta (5Y Monthly) | 0.84 |
PE Ratio (TTM) | 12.58 |
EPS (TTM) | 1.10 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.37 (2.67%) |
Ex-Dividend Date | Sep 28, 2023 |
1y Target Est | N/A |
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The deal was seen as a bet on a U.S. pot industry boom, and executives then said the combined entity had the potential to be a brand as big as Coca-Cola or Johnnie Walker, with the merger helping it dominate a market likely to hit $46 billion by 2026. "In light of the evolving landscape in the cannabis industry, we believe the decision to terminate the planned transaction is in the long-term interest of Cresco Labs and our shareholders," Cresco CEO Charles Bachtell said in a statement. Cresco and Columbia last month said they would not be able to complete the divestitures necessary to secure regulatory approvals to close the transaction.