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Laurel Harvest Labs

Montgomeryville, Pennsylvania, United States
Ownership
Private
Employees
~75
Development stage
Other
01

Overview

Laurel Harvest Labs is a Pennsylvania medical cannabis company that developed cultivation, processing, and dispensary operations under the state's clinical registrant framework. The company focused on patient care and medicinal cannabis products and was selected as Temple University's research partner for cannabis studies. Laurel Harvest operated retail and cultivation assets in Pennsylvania, including a dispensary in Montgomeryville, a dispensary project in Scranton, and indoor grow and processing capacity in Lancaster County. In December 2021, the company was acquired by Cresco Labs for approximately $80 million plus potential earnouts. Although the legal entity appears to remain active in Pennsylvania records, Laurel Harvest is best understood as an acquired operator within Cresco's Pennsylvania footprint rather than an independent biotech or pharma developer.

Therapeutic areas
ImmunologyNeurology
Modalities
Plant-based therapy
Industry
Biotech
02

Partnerships

Temple UniversityLewis Katz School of Medicine at Temple University

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