cannabis company based on the combined retail and farming footprint, and it also would be the most profitable marijuana company in the nation, Trulieve and Harvest said. If they merged today, the combined entity would be the largest U.S. "We are excited to have them as partners moving forward." "Our teams have worked incredibly well together," she said. Rivers called the companies a "natural fit." "It was seamless and it was really impressive to watch." "We were blown away as I’m sure most of you were in terms of their execution and just the way they moved into the recreational market here in Arizona," Trulieve CEO Kim Rivers said on a conference call with analysts Monday. has 84 operating shops in four states, with 79 of them in Florida. today has 39 operating shops in five states. If the deal goes through the merged company will have about 126 dispensaries and operations in 11 states, according to the announcement. The blockbuster deal comes just a few months after recreational sales of marijuana launched in Arizona following passage of Proposition 207 in November, allowing anyone 21 or older to possess up to an ounce of marijuana and permitting medical dispensaries to sell it to adults. Trulieve, the largest marijuana company in Florida, is buying Harvest, the largest marijuana company in Arizona, in a $2.1 billion deal that could create the biggest cannabis company in the nation, the companies announced early Monday. View Gallery: Harvest Health and Recreation's marijuana facility in Camp Verde
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |