Diddy Buys Cannabis Operations In Deal Worth Up To $185M [Law360: Mergers & Acquisitions]

From rap mogul to entrepreneur, now Sean “Diddy” Combs will enter the realm of cannabis as he prepares to spend up to $185 million to buy assets in three states from operators Cresco Labs and Columbia Care so the companies can clear the way to complete their merger, according to a Friday announcement.

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