Cresco Labs and Columbia Care announced Monday the termination of a merger that was originally struck in 2022.

The merger would have created the nation’s largest cannabis firm…

…Cresco Labs is the largest wholesaler of branded cannabis products in the U.S. It operates dispensaries in seven states, including 10 retail locations and three cultivation labs in Illinois.

Columbia Care is one of the original multi-state providers of medical cannabis in the U.S. It operates 126 facilities, including 94 dispensaries and 32 cultivation and manufacturing facilities.

I’ve been a little out of touch with the news in the Illinois marker and didn’t realize this was even slated to happen. Great that it didn’t though, consolidation is never good for consumers.