|Bid||12.38 x 0|
|Ask||12.43 x 0|
|Day's Range||12.15 - 12.64|
|52 Week Range||0.20 - 14.50|
|Beta (3Y Monthly)||9.91|
|PE Ratio (TTM)||2.54|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
HOUSTON, TX / ACCESSWIRE / April 17, 2019 / The bullish momentum in cannabis stocks has continued in 2019. Related stocks have already exploded on news of Canadian legalization, U.S. states approving its medicinal or recreational use, and corporate America interest. Better, Cowen analysts say U.S. cannabis sales could reach $80 billion in the next 11 years.
Harvest Health & Recreation, Inc. will hold its Fourth Quarter 2018 earnings conference call on:
The valuation gap is just one dramatic example of the persistent disconnect between Canadian and U.S. cannabis stocks, and a reminder of the potential size of the American pot market as legalization spreads. Cannabis companies with U.S. operations have been held back by the illegality of the drug at the federal level, which has depressed their share prices because it’s harder for them to access the top exchanges, banks and institutional investors. “On a whole bunch of fronts, the head start that we had is rapidly eroding,” said Neil Selfe, chief executive officer of Infor Financial Group Inc., one of the top investment bankers to the cannabis industry.
New assets and licenses in New Jersey, Pennsylvania, Maryland and Delaware extend Harvest’s unrivaled national U.S. presence allowing up to 213 facilities in 17 states and territories. Harvest to quickly bring leading brands/product lines, logistics and infrastructure from Falcon, CBx Enterprises and Verano to eastern retail and wholesale markets. Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., is pleased to announce it has entered into a binding, definitive agreement to acquire CannaPharmacy, Inc. (“CannaPharmacy”), subject to satisfaction of customary closing conditions, including receipt of regulatory approvals in the relevant states.
Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., today announced that it has entered into an engagement agreement for a brokered private sale of up to 500,000 convertible debentures (the “Debentures”) of Harvest, at a price of US$1,000 per Debenture, for gross proceeds of US$500 million (the “Offering”). The Offering is intended to be closed in five tranches of 100,000 Debentures per tranche, over a period of not more than 18 months. The net proceeds of the Offering will be used by Harvest for working capital and general corporate purposes. The first tranche of the Offering is expected to close on May 1, 2019 and subsequent tranches are issuable at the option of Harvest, subject to certain conditions. Concurrently with the engagement agreement, Harvest also entered into an agreement with a lead investor (the “Lead Investor”) to subscribe for the full amount of the Offering (the “Agreement”).
Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., announced the opening of its first California cannabis dispensary in Napa, which is the city’s first medical cannabis location to open its doors to patients. Pending finalization of an acquisition of Falcon International Corp.—the state’s leading operator in logistics serving more than 80 percent of dispensaries—Harvest will hold California licenses California for state-wide distribution, cultivation and manufacturing.
POINT ROBERTS, Wash. and DELTA, British Columbia, March 26, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks continues with our two.
POINT ROBERTS, Wash. and DELTA, British Columbia, March 22, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot.
Cochran will discuss how cannabis businesses can tap the beverage market boom. LAS VEGAS and CLEVELAND , March 20, 2019 /PRNewswire/ -- John Cochran, Chief Operating Officer of Harvest Health & Recreation ...
Harvest Health & Recreation, Inc. (the "Corporation" or "Harvest") (CSE: HARV, OTCQX: HRVSF), a vertically integrated public cannabis company announces grants of stock options pursuant to the stock option plan of the Corporation, whereby the Corporation has granted a total of 12,350,250 stock options to certain officers, directors, employees or consultants of the Corporation. Each stock option, granted on March 13, 2019, will entitle the holder thereof to purchase one common share of the Corporation at a price of CND $10.20 per share (subject to adjustment in accordance with the stock option plan of the Corporation) until March 13, 2029.
In regards to the cannabis industry's recent bull run, the positive trends can be attributed to two key factors: legislative efforts and a general shift in public opinion. Recently, lawmakers have advocated for legislation in support of cannabis legislation, and this has given cannabis companies more societal credibility. Transcanna Holdings Inc (TCAN.CN), Aphria Inc (NYSE:APHA), Harvest Health & Recreation Inc (HARV.CN), and Cronos Group Inc (CRON) are four cannabis companies worth looking into.
Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest footprints in the U.S., is pleased to announce that it has entered into a binding agreement to acquire Verano Holdings, LLC (“Verano”), an arm’s length third party, one of the largest privately held multi-state, vertically integrated licensed operators of cannabis facilities, in an all-stock transaction for an estimated purchase price of approximately USD $850,000,000 based on a share price of CND $8.79. The combined company will be one of the largest multi-state operators (“MSO”) in the U.S., as measured by licenses held and facilities permitted. Upon completion of the transaction and regulatory approval, Harvest will hold licenses that will allow it to operate up to 200 facilities in 16 states and territories across the country, including 123 retail dispensaries.
“Trading under the new symbol HRVSF provides greater clarity to our shareholders and better investor visibility across the globe,” said Harvest CEO Steve White. Harvest currently holds licenses for 86 dispensaries, 23 cultivation facilities, and 22 processing facilities across the country, stands as one of the largest multi-state operators in the cannabis industry and is one of the only consistently profitable cannabis companies in North America. Harvest Health & Recreation Inc. is one of the first consistently profitable, vertically integrated cannabis companies with one of the largest footprints in the U.S. Harvest’s complete vertical solution includes industry-leading cultivation, manufacturing, and retail facilities, construction, real estate, technology, operational, and brand building expertise — leveraging in-house legal, HR and marketing teams, along with proven experts in writing and winning state-based applications.
Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated public cannabis company with one of the largest footprints in the U.S., announced the opening of its first Florida medical marijuana dispensary, located at 4967 West Irlo Bronson Highway in Kissimmee. This past November, Harvest Health & Recreation Inc. (Harvest) acquired 100 percent of the issued and outstanding common stock of San Felasco Nurseries, Inc., a holder of a medical marijuana dispensary license and authorization to operate as a Medical Marijuana Treatment Center in Florida. The acquisition provided Harvest with the ability to operate up to 30 dispensaries and produce, process and dispense medical marijuana and marijuana products in Florida.
In a recent Forbes article, Jay Czarkowski, Co-founder of H2 Talent commented, “If I was a recruiting company and I reached out to one of these cannabis companies a few years ago, asked them for a fee and then tell them I’d find them an employee, they’d laugh. Right now, there are cannabis companies that are raising $100 million in funding.
NEW YORK and DELTA, British Columbia, Feb. 04, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the.
HOUSTON, TX / ACCESSWIRE / January 31, 2019 / The CBD industry is the cusp of a major boom. All as the non-psychoactive chemical found in cannabis has been found to help with anxiety, sleep, pain management, ...
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at cannabis companies entering, and potentially take the lead in the US market. With the passing of the US Farm Bill, as well as more and more states legalizing medical and recreational cannabis, both Canadian and US companies are looking to establish themselves across multiple geographic regions in the United States. One of the largest Canadian cannabis producers, Canopy Growth Corporation (TSX: WEED.TO) (NYSE: CGC), wasted little time entering the US marketplace. Earlier this month, the company was granted a licence by the State of New York to process and produce hemp.
Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HTHHF), a vertically integrated public cannabis company with one of the largest footprints in the U.S., announced that is has qualified for, and is trading on, the OTCQX Best Market. “Trading on the OTCQX Best Market is an important milestone for Harvest,” said Harvest CEO Steve White.
NEW YORK , Jan. 17, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Harvest Health & Recreation, Inc. (CSE: ...