An $850 million deal to buy Verano Holdings has been terminated, marking the second high-dollar acquisition of a Chicago marijuana company to fall through in less than a year. Phoenix-based Harvest Health & Recreation announced it planned buy Verano Holdings just over a year ago. The deal would have given Harvest the right to operate Verano’s cultivation […]
Harvest Health & Recreation
Harvest Health & Recreation Signs Landmark Agreement to Distribute CBD Products to More than 10,000 Retail Stores Across the U.S.
PRESS RELEASE Largest trade association network of independent convenience stores and gas stations – Asian American Trade Associations Council – to welcome Colors, CBx Essentials and Harvest branded product lines through their implementation partner system. · Convenience stores and gas stations expected to capture $8-10b of $22b CBD market PHOENIX–Harvest Health & Recreation, Inc. (CSE: […]
A Chicago-based marijuana company is being bought for $850 million
With Illinois’ marijuana industry staring down massive growth as the state considers legalizing the drug for recreational use, a company based in Phoenix is paying $850 million for Chicago-based cannabis operator Verano Holdings. The deal will give Harvest Health & Recreation the right to operate Verano’s cultivation facility and dispensaries in Illinois, as well as […]
7 Marijuana Companies That Could Win the American Market
As more and more states legalize marijuana, American companies are racing to establish multi-state cannabis empires. It is still illegal under federal law, so exchanges like the New York Stock Exchange and Nasdaq aren’t an option for these outfits. Seven of the multi-state chains have raised war chests and listed their stocks on the Canadian […]
Harvest Health & Recreation Agrees to Acquire California’s Falcon International Corp.
Press Release Acquisition will substantially increase Harvest’s cultivation, manufacturing and distribution capabilities in California, add a suite of brands and augment Harvest’s management team February 14, 2019 08:30 AM Eastern Standard Time PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company with one of the largest footprints in the […]
Harvest Health & Recreation Inc. Announces the Appointment of Chief Marketing Officer
PRESS RELEASE Kevin George Brings Decades of Fortune 500 Multinational Consumer Packaged Goods Marketing Experience, Including Beam Suntory and Unilever January 14, 2019 08:30 AM Eastern Standard Time PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation Inc. (CSE: HARV), a vertically integrated public cannabis company with one of the largest footprints in the U.S., announced the appointment of Kevin […]
Harvest Health & Recreation Announces Joint Venture with Aina We Would, LLC, to Create a National Cannabis Real Estate Investment Vehicle with Up to $100 Million in Committed Capital for Approved Projects
PRESS RELEASE Vehicle provides Harvest a potential new source of capital for construction and development projects at preferential rates PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV) (“Harvest”), a vertically integrated public cannabis company with one of the largest footprints in the U.S., announced it entered into an agreement to form Aina We Would, LLC (“AWW”), […]
Scientists search for marijuana’s holy grail — consistent highs
“No one ever knows what they’re getting, and it’s a huge problem,” one scientist said. WEST HOLLYWOOD, Calif. — Holiday shopping was in full swing Friday at a boutique on Santa Monica Boulevard, where an automatic sliding door welcomed browsers off the street. Inside the well-lit shop decorated with Christmas wreaths, glass cabinets filled with […]
Harvest Health & Recreation, Inc. Reports Third Quarter 2018 Financial and Operation Results
PRESS RELEASE Total revenue for the three and nine months ended September 30, 2018 increased 62% and 92%, respectively from prior year. Total revenue for Q3 2018 increased 6% compared to Q2 2018. The Company continues to operate profitably; Adjusted EBITDA for the nine months ended September 30, 2018 was $7.6 million (all dollars are […]
