Robert Leidy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

YOUTH NEWS

COLLEGE NEWS

Tallahassee-based marijuana producer Trulieve will be the nation's largest pot grower with $2.1 billion Harvest Health purchase.

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 Trulieve's blockbuster bid to buy Harvest Health & Recreation, top investors in the industry told Insider. Investors expect Trulieve's rivals like Curaleaf, Green Thumb Industries, and Cresco Labs to...

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 cannabis industry's attention. So Trulieve is looking west. The Florida cannabis company said on Monday it...