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July 8, 2019, 8:51 a.m. EDT · CORRECTED

Harvest Health to acquire only licensed cannabis dispensary in Casa Grande, Arizona

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By Ciara Linnane

An earlier version of this report failed to include the location of Casa Grande. It has been corrected.

Harvest Health & Recreation Inc. /zigman2/quotes/207218380/delayed HRVSF -1.37% /zigman2/quotes/201825604/delayed CA:HARV -2.65% said Monday it is acquiring the only licensed cannabis dispensary in Casa Grande, Arizona. The company said it is acquiring Leaf Life in a deal that includes the dispensary, which is located in Casa Grande. "Arizona is the third largest medicinal cannabis market in the United States, yet too many in our communities still do not have adequate access to dispensaries that offer the high-quality medicinal products and expert staff required to improve patient education and treatment outcomes," said Harvest Executive Chairman Jason Vedadi. The stock was not yet active premarket, but has gained 14.8% in 2019, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.49% has gained 19.3%.

/zigman2/quotes/207218380/delayed
US : U.S.: OTC
$ 0.82
-0.01 -1.37%
Volume: 58,130
July 9, 2020 11:08a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$95.39 million
Rev. per Employee
N/A
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/zigman2/quotes/201825604/delayed
CA : Canadian Securities Exchange
$ 1.10
-0.03 -2.65%
Volume: 69,579
July 9, 2020 10:49a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$129.13 million
Rev. per Employee
N/A
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/zigman2/quotes/210599714/realtime
US : S&P US
3,122.76
-47.18 -1.49%
Volume: 948.27M
July 9, 2020 11:24a
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