The REIT Stuff: AFC Gamma CEO Leonard Tannenbaum on Institutional Lending in Cannabis January 20, 2022 Tom Hymes Company Stories, Spotlight 0 Comments At the tail-end of our recent phone interview, I mentioned to Leonard Tannenbaum, founder, partner, and CEO of West Palm Beach, Florida-based AFC Gamma (NASDAQ: AFCG), that the term “boutique REIT” had popped into my head as he was explaining… Read More→
Trulieve CEO speaks on growth via M&A, federal pot reform October 18, 2021 AggregatedNews Company Stories, Multiple State Operators 0 Comments LOS ANGELES (AP) — The U.S.′ expanding legal marijuana market is helping drive strong sales and profit growth for multistate operators like Trulieve Cannabis Corp. The Quincy, Florida-based company sells cannabis products in 11 states from Arizona to Pennsylvania. It… Read More→
Trulieve’s $2.1 Billion Harvest Acquisition Would Create One Of The Cannabis Industry’s Biggest Companies May 12, 2021 AggregatedNews Mergers & Acquisitions 0 Comments Trulieve Cannabis, the largest cannabis cultivator and retailer in Florida, announced that it will acquire Harvest Health and Recreation, the largest cannabis operator in Arizona, in an all stock deal valued at $2.1 billion. The transaction must be approved by regulators, but if completed it… Read More→
Harvest Health & Recreation Inc. Reports Third Quarter 2020 Financial Results November 10, 2020 Press Release Banking, Finance & Real Estate, Press Releases 0 Comments PRESS RELEASE Third quarter revenue was $61.6 million, up 86% from the third quarter 2019 and 11% sequentially Third quarter adjusted EBITDA was $10.5 million, compared to $4.1 million in the second quarter of 2020 2020 revenue target increased… Read More→
Smoke & Mirrors, ‘High Times’ Called Out For ‘Canna-Greed’ in Pot Shop Deal May 22, 2020 AggregatedNews News & Insights 0 Comments The iconic marijuana mag maneuvered to buy a Union Square dispensary. When High Times announced an $80 million deal April 28 to buy more than a dozen California cannabis dispensaries, the storied stoner brand called out one location in particular:… Read More→
Harvest Announces New Funding, Corporate Updates, Management and Board Changes March 15, 2020 Press Release Banking, Finance & Real Estate, Industry People, Press Releases 0 Comments PRESS RELEASE Private Placement Funding, Progress on ICG Merger, Resignation of Executive Chairman Jason Vedadi and Planned Board Appointments PHOENIX, March 11, 2020 /CNW/ -- Harvest Health & Recreation Inc. (CSE: HARV) ("Harvest"), a vertically integrated cannabis company with one of the largest… Read More→
Arizona’s biggest marijuana company just got bigger and has plans for major national growth February 20, 2020 AggregatedNews Arizona, On the Move 0 Comments Harvest Health and Recreation, Arizona's biggest medical-marijuana operator, said on Wednesday it has acquired three shops run by competitor Arizona Natural Selections, giving Harvest 14 of the 120 or so operating retail stores in the state. The companies didn't disclose… Read More→
Harvest Health & Recreation, Inc. Welcomes Andrew S. Luadzers as Senior Counsel – Labor & Employment October 10, 2019 Press Release Industry People, Press Releases 0 Comments PRESS RELEASE Luadzers brings labor and employment expertise to Harvest’s legal team as the company grows its workforce and expands its leading national footprint October 10, 2019 – PHOENIX, Ariz. – Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”),… Read More→
Pot company’s claims lead to a state inquiry over medical marijuana licensing rules April 24, 2019 AggregatedNews News & Insights, Pennsylvania 0 Comments A top West Coast marijuana firm has been asked to produce records to the Wolf administration in what amounts to a compliance check on whether it is keeping to rules designed to keep one firm from dominating Pennsylvania's medical marijuana… Read More→
Beyond Massachusetts, states struggle to limit marijuana behemoths April 15, 2019 AggregatedNews Policy & Legal 0 Comments Massachusetts is not the only state struggling to limit the dominance of large marijuana companies. Maryland bars companies from owning more than one store, but several companies have publicly said they have multiple outlets there. In what seems like an… Read More→
Harvest Health & Recreation Inc. Appoints Two Local Strategic Advisors to Massachusetts Team March 1, 2019 Press Release Industry People, Press Releases 0 Comments PRESS RELEASE New Appointments Draw Community Leadership from Boston Police Department and City of Boston Ombudsman PHOENIX--(BUSINESS WIRE)--Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated public cannabis company with one of the largest footprints in the… Read More→