Chicago Tribune

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

The store, which has since been rebranded as Cannabist, will be one of two Columbia Care locations sold to Sean Diddy Combs as part of a deal to satisfy antitrust concerns surrounding Crescos proposed $2 billion acquisition of Columbia Care.

Sean “Diddy” Combs has agreed to buy nine cannabis retail stores and three production facilities in Illinois, New York and Massachusetts for $185 million as part of required antitrust divestitures for the pending $2 billion Cresco-Columbia Care megamerger.

The deal to sell off a portion of the combined Cresco-Columbia Care portfolio to Combs, announced

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