On Monday,
Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) announced it s purchasing
Harvest Health & Recreation Inc. (CSE:HARV) (OTCQX:HRVSF) for roughly $2.1 billion in stock. Harvest shareholders will own roughly 26.7% of Trulieve s issued and outstanding pro forma shares on a fully diluted basis.
Commenting on the deal, Debra Borchardt, CEO of Green Market Report, told Benzinga, “The acquisition is likely to come with its fair share of headaches. Harvest Health has a mountain of debt and lots of lawsuits over various deals. Still Trulieve is certainly on a quest to become a nationwide company and this will certainly help pave the way.”
The publishing company behind High Times Magazine, Hightimes Holding Corp., will launch its first cannabis offering dubbed High Times Black Label.
Initially, the label will roll out in California and Michigan with their first branded flower and pre-rolls in Indica, Sativa, and Hybrid. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
The publishing company behind High Times Magazine, Hightimes Holding Corp., will launch its first cannabis offering dubbed High Times Black Label.
Initially, the label will roll out in California and Michigan with their first branded flower and pre-rolls in Indica, Sativa, and Hybrid. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
After a slow first week of the year, 2019 is quickly picking up steam. This week, we learned that Rep. Earl Blumenauer (D-OR) filed a bill in Congress that seeks to remove cannabis from the federal Controlled Substances Act. The bill is dubbed H.R. 420.
In other political news, Marijuana Moment. Read More.