Arizona’s largest medical cannabis company, Harvest Health & Recreation, grew its footprint in the state by acquiring competitor Arizona Natural Selections.
- Vertical licenses for three operating MMJ dispensaries and a fourth location to be opened.
- A 55,000-square-foot grow facility.
- A 322-acre site containing a 70,000-square-foot greenhouse and 25 acres that are zoned for marijuana cultivation.
Harvest, aPhoenix-based multistate cannabis operator, didnt disclose the purchase price, saying only that it acquired Arizona Natural Selections’ licenses for a “non-material” amount of stock.
With the acquisitions, Harvest operates 14 of the roughly 120 medical marijuana dispensaries in the state, according to the Arizona Republic.
For analysis and in-depth looks at the investment trends and deals driving the cannabis industry forward,sign up for our premium subscription service,Investor Intelligence.
Pure Cannabis Hemp Oil
- Pure CBD Tincture, derived from organic, US-harvested hemp, lab-tested for quality.
- Clinically proven therapeutic effects.
- Relieves anxiety and stress
- Eliminates chronic pain and aches
- Regulates mood and sleep patterns
- Enhances focus and clarity
george scorsis
Originally posted on Harvest expands reach by buying Arizona rival via Cannabis Industry News
No comments:
Post a Comment