Saturday, August 2, 2025

Latest

Harvest Health Announces Equity Redistribution to Employees

Harvest Health & Recreation Inc. (CSE: HARV) has announced that several members from the executive team have abdicated 2.4 million equity options, with the intent of allocating them to the company’s various employees.

Three members of the executive team, including the Operational Leader, Co-Executive Chairman, and the CEO have all volunteered to redistribute their equity options to the firm’s employees as a gesture for their hard work and accomplishments. In total, qualifying employees received the 2.4 million equity options, as well as an additional 600,000 of newly-issued options.

As a result of the redistribution of equities, Harvest Health will be reporting $10 million as a non-cash charge in the first quarter of 2020. A non-cash charge is an accounting measure used to show a decrease in earnings, but not cash flow.

Harvest Health & Recreation Inc is a US-based cannabis operator, and is currently trading at $3.78 on the CSE.


Information for this briefing was found via Sedar and Harvest Health & Recreation Inc. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Royal Gold Goes Big | $3.5 Billion Sandstorm Acquisition

Why Gold’s Bull Run May Just Be Getting Started! | Peter Grandich

Tariffs Spark New Race for Critical Metals | Rob McEwen

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Harvest Health Director, President Resign – Is Linton On The Way In?

Harvest Health & Recreation (CSE: HARV) announced late Friday night the resignation of two key...

Saturday, September 21, 2019, 07:00:14 AM

Planet 13 Acquires Florida License From Harvest Health

Planet 13 Holdings (CSE: PLTH) is officially headed to Florida. The firm this morning indicated...

Friday, October 1, 2021, 08:28:16 AM

Harvest Health Announces Definitive Agreement to Purchase Verano Holdings

Last night, it was announced that Harvest Health and Recreation (CSE: HARV) had signed a...

Wednesday, April 24, 2019, 07:30:02 AM

Harvest And Verano Walk From Business Combination

The market has finally received an update from Harvest Health (CSE: HARV) on its proposed...

Thursday, March 26, 2020, 09:07:59 AM

Trulieve, Harvest Health Receive Court Approval For Merger, Closing Timeline Remains Vague

Approval from the courts has been granted to Harvest Health (CSE: HARV) in relation to...

Thursday, August 19, 2021, 08:59:38 AM