Origin House to Buy California Cultivation Facility for $7.025 Million

Purchase price of US$7.025 million gives Origin House an experienced team, a 24,600 square foot facility with annual production capacity of up to 1,400 kg of ultra-premium flower, as well as proprietary production techniques.

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Multi-state operator Cresco Labs announced an agreement to buy Origin House in an all-share deal worth C$1.1 billion.. facility and term loan of C$2 million to the. in California Market with.

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Multi-state operator Cresco Labs announced an agreement to buy Origin House in an all-share deal worth C$1.1 billion.. facility and term loan of C$2 million to the. in California Market with.

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Attractive Valuation: Origin House will pay US$7.025 million to acquire a state-of-the-art craft cultivation facility (the "Facility") with annual production capacity of up to 1,400 kg of ultra-premium flower, implying a purchase price of US$5 per gram of funded capacity.