![]() ![]() Trulieve and Harvest are leaders in our markets, recognized for our innovation, brands, and operational expertise with true depth and scale in our businesses. “Harvest provides us with an immediate and significant presence in new and established markets and accelerates our entry into the adult use space in Arizona. “This combination offers us the opportunity to leverage our respective strong foundations and propel us forward with an unparalleled platform for future growth,” said Rivers in a press release. (All figures in US dollars except where noted otherwise.)Ĭalling the deal the largest and most exciting acquisition so far in the US cannabis space, Trulieve CEO Kim Rivers said the two companies share similar customer values with a focus on going deep in core markets. Harvest shareholders will effectively hold about 26.7 per cent of the issued and outstanding equity of the combined company. The merger would see Trulieve pay roughly $2.1 billion for HARV through giving Harvest shareholders 0.1170 Trulileve shares for every Harvest share for an imputed value of C$5.83, representing a 34.0-per-cent premium to HARV’s close of C$4.35 on May 7. Tallahassee, Florida-headquartered Trulieve announced on Monday a definitive arrangement agreement to acquire Arizona-based Harvest Health. Trulieve is an adult-use and medical cannabis company with interests in California, Massachusetts, Connecticut, Pennsylvania, West Virginia and Florida, where TRUL is the largest operator with 78 dispensaries along with growing and production facilities. Harvest health update#Tyghe reviewed the merger in an update to clients on Monday where he reaffirmed his “Outperform” rating for TRUL and one-year target price of C$78.00. Through thoughtful research we have intentionally developed our own line of CBD products, the first Doctor Trusted and Recommended CBD on the market.ATB Capital Markets analyst Kenric Tyghe says US multi-state operator Trulieve Cannabis ( Trulieve Cannabis Stock Quote, Chart, News, Analysts, Financials CSE:TRUL) has found a good match in acquiring Arizona-based Harvest Health & Recreation ( Harvest Health & Recreation Stock Quote, Chart, News, Analysts, Financials CSE:HARV). To better support our patients and all those open to a natural alternative in our community, we have carefully developed our own line of clean, safe, premium hemp products that can be trusted to provide life balancing CBD. Green Harvest Health educates clients about the benefits of cannabinoids such as CBD and are often asked if there’s a brand we personally recommend. We hope you will experience first hand how Green Harvest Health CBD can help you Reclaim Your Wellness! Through thoughtful research we have intentionally developed our own line of CBD products, the first Doctor Trusted and Recommended CBD on the market. Those seeking a more natural approach to their wellness have found CBD to be helpful in supporting their wellness goals. Since CBD does not interact in our brains the same way THC does, we are able to tap into the benefits of cannabis without the mental fog often associated with THC. These endocannabinoids interact with our Endocannabinoid System (ECS) to encourage homeostasis, or a state of "balance", and therefore affect our overall wellness. However, CBD, like THC, is very similar to our body's own naturally occurring cannabinoid like compounds called endocannabinoids. CBD does not have this same psychoactive effects. THC is the compound that induces the euphoria or "high" experienced by cannabis consumers. ![]() It has been carried and cultivated by ancient cultures as they migrated around the globe, and has been utilized throughout its history to help promote wellness.Ĭannabidiol (CBD) is one of the hundreds of naturally occurring compounds found in the hemp plant.ĬBD is closely related to another cannabinoid, Tetrahydrocannabinol (THC). ![]()
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