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Trulieve Cannabis purchasing Arizona-based Harvest Health in $2.1B deal
Tallahassee-based marijuana producer Trulieve will be the nations largest pot grower with $2.1 billion Harvest Health purchase.
Source: tallahassee.com
Cannabis M&A: Trulieve-Harvest Deal May Push Rivals to Pursue Deals
Samatha Lee/Business Insider Trulieve is buying Harvest Health & Recreation in a $2.1 billion deal. Cannabis investors say the deal will put pressure on rival companies to pursue big-ticket M&A. These companies include Curaleaf, Green Thumb Industries, and Cresco Labs. The largest US cannabis companies should be feeling pressure to pursue big-ticket mergers after Trulieves blockbuster bid to buy Harvest Health & Recreation, top investors in the industry told In...
Source: businessinsider.com
Trulieve Buys Harvest Health & Recreation in $2.1 Billion Deal
Hollis Johnson/INSIDER This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Trulieve is buying Harvest Health & Recreation in an all-stock deal that values the target at $2.1 billion. The deal will make Trulieve the largest cannabis retailer in Florida and Arizona. The combined company will be the largest US cannabis company by footprint and revenue. New York is consuming the cannab...
Source: businessinsider.com