Tag: Harvest Health

Kaitlin DomangueJuly 15, 2021
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BusinessDaily Hit

The Daily Hit: July 15th, 2021

4min00
It’s time for your Daily Hit of cannabis financial news for July 15th, 2021.  On the Site  Harvest Health Leaves Oregon, Expands Florida Footprint  Harvest Health & Recreation Inc.  (OTCQX: HRVSF) is done with Utah and expanding its Florida footprint. Harvest said it had completed the divestiture of its cultivation and processing operations in Utah […]
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Debra BorchardtMay 10, 2021
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Business

Trulieve Buying Harvest Health For $2.1 Billion

5min00
Trulieve Cannabis Corp.  (OTC: TCNNF) is buying  Harvest Health & Recreation Inc.  (OTCQX: HRVSF) in a deal valued at approximately $2.1 billion based on the closing price of the Trulieve Shares on May 7, 2021. The combined businesses will have operations in 11 states, comprised of 22 cultivation and processing facilities with a total capacity of 3.1 million square […]
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StaffNovember 20, 2020
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Business

Harvest Health Settles With ICG

7min00
Harvest Health & Recreation Inc. (OTCQX: HRVSF) said it has settled its dispute with a small group of the previous owners of Interurban Capital Group. The disagreement goes back to March when Harvest had agreed to pay $85.8 million through Harvest stock and the assumption of $19.1 million of debt convertible into 205,594 Multiple Voting Shares. Plus […]
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Debra BorchardtSeptember 15, 2020
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Business

Harvest Health Flips Darwin Acquisition To Fibonacci

4min01
Arizona-based Fibonacci Brands is buying the cannabis company  Darwin Brands from Harvest Health and Recreation (OTC:HRVSF) for an undisclosed amount. Darwin is part of the Arizona Natural Selections company and its products include Caramel Hard Candies, Seriously Good Gummies and award-winning vapes. In February 2020, Harvest acquired AZ Natural Selections in a deal valued at […]
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Debra BorchardtJune 12, 2020
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Business

Harvest Health Changes Deal With High Times

5min02
Harvest Health & Recreation Inc. (OTCQX: HRVSF) is changing the number of retail assets it had planned to sell to Hightimes Holding Corp. Originally Harvest announced it was selling 13 planned and operational California licenses to the iconic cannabis publisher High Times in a deal valued at $80 million. That has now been reduced to […]
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Debra BorchardtMarch 27, 2020
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Business

Harvest Health Buys Franklin Labs, Lays Off Have A Heart Employees

4min00
One day after announcing it had terminated its deal to acquire Verano Holdings, Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF) has now said it is going to buy Franklin Labs, LLC, a subsidiary of CannaPharmacy, for approximately $25.5 million payable with $15.5 million in cash and a $10 million promissory note. Harvest Health stock fell over 16% to 94 cents yesterday […]
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Debra BorchardtMarch 26, 2020
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Business

Harvest, Verano Call It Quits

6min00
 Harvest Health & Recreation Inc. (CSE: HARV, OTCQX:HRVSF) and Verano Holdings, LLC  have announced the mutual termination of the Business Combination Agreement dated April 22, 2019. At the time this was announced, Harvest Health had agreed to buy  Verano in an all-stock deal valued at approximately $850 million based on a share price of C$8.79. The stock was […]
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