The following is just a little background informat
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Posted On: 03/08/2019 10:47:42 AM
The following is just a little background information on one of the companies affiliated with our group of companies.
Will Harvest Health & Recreation Become The Most Valuable Cannabis Company On Earth?
Feb. 26, 2019 8:16 PM ET
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Summary
Harvest Health & Recreation Inc. is a multi-state-operator, MSO cannabis corporation.
Harvest went public on the Canadian Securities Exchange via a reverse-take-over, RTO, in November 2018.
Harvest prides itself in being profitable.
Harvest's stated mission is to become the most valuable cannabis company in the world.
Harvest has identified Florida as the state that offers it the greatest opportunity.
The stock symbol of Harvest Health & Recreation Inc. was changed on February 12, 2019 from HTHHF to HRVSF.
Origin of Harvest Health
Harvest was founded by Steve White in Arizona in 2011 and received its first license 2012. Harvest opened its first dispensary in 2013 in Tempe, Arizona. It opened its second dispensary, Harvest of Scottsdale in 2015. Since then, Harvest has become licensed and expanded into Arkansas, California, Florida, Maryland, Nevada, North Dakota, Ohio and Pennsylvania. Additionally, it has applications pending to expand into Illinois, Massachusetts, Michigan and New Jersey.
At the end of 2018 it had 15 dispensaries open. They were located as follows: Arizona (9), California (4), Maryland (1) and Pennsylvania (1).
As of February 12, 2019 Harvest held licenses to 131 cannabis facilities in the United States: 86 dispensaries, 23 cultivation and 22 processing facilities. It expects to have about 100 dispensaries in 14 states by the end of 2020.
Harvest Health IPO
On November 14, 2018 Harvest Health & Recreation Inc. was created via a reverse-take-over, RTO, or business combination of RockBridge Resources Inc., a British Columbia corporation and Harvest Enterprises Inc., a Tempe, Arizona company. In conjunction with the RTO, Harvest (OTCQX:HRVSF) went public in an IPO on the Canadian Securities Exchange, CSE. The IPO was a private placement of 33,305,294 Subordinate voting shares, SUB, at a price of $6.55 for gross proceeds of $218,149,676. The IPO was co-led by Eight Capital, Cannacord Genuity Corp. and GMP Securities L.P. The selling group included Beacon Securities Limited, Cormark Securities Inc. and Haywood Securities Inc.
https://seekingalpha.com/article/4244492-will...pany-earth
Will Harvest Health & Recreation Become The Most Valuable Cannabis Company On Earth?
Feb. 26, 2019 8:16 PM ET
|
Summary
Harvest Health & Recreation Inc. is a multi-state-operator, MSO cannabis corporation.
Harvest went public on the Canadian Securities Exchange via a reverse-take-over, RTO, in November 2018.
Harvest prides itself in being profitable.
Harvest's stated mission is to become the most valuable cannabis company in the world.
Harvest has identified Florida as the state that offers it the greatest opportunity.
The stock symbol of Harvest Health & Recreation Inc. was changed on February 12, 2019 from HTHHF to HRVSF.
Origin of Harvest Health
Harvest was founded by Steve White in Arizona in 2011 and received its first license 2012. Harvest opened its first dispensary in 2013 in Tempe, Arizona. It opened its second dispensary, Harvest of Scottsdale in 2015. Since then, Harvest has become licensed and expanded into Arkansas, California, Florida, Maryland, Nevada, North Dakota, Ohio and Pennsylvania. Additionally, it has applications pending to expand into Illinois, Massachusetts, Michigan and New Jersey.
At the end of 2018 it had 15 dispensaries open. They were located as follows: Arizona (9), California (4), Maryland (1) and Pennsylvania (1).
As of February 12, 2019 Harvest held licenses to 131 cannabis facilities in the United States: 86 dispensaries, 23 cultivation and 22 processing facilities. It expects to have about 100 dispensaries in 14 states by the end of 2020.
Harvest Health IPO
On November 14, 2018 Harvest Health & Recreation Inc. was created via a reverse-take-over, RTO, or business combination of RockBridge Resources Inc., a British Columbia corporation and Harvest Enterprises Inc., a Tempe, Arizona company. In conjunction with the RTO, Harvest (OTCQX:HRVSF) went public in an IPO on the Canadian Securities Exchange, CSE. The IPO was a private placement of 33,305,294 Subordinate voting shares, SUB, at a price of $6.55 for gross proceeds of $218,149,676. The IPO was co-led by Eight Capital, Cannacord Genuity Corp. and GMP Securities L.P. The selling group included Beacon Securities Limited, Cormark Securities Inc. and Haywood Securities Inc.
https://seekingalpha.com/article/4244492-will...pany-earth
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