Harvest Health Sees COO Ron Goodson, Former President Of Verano, Retire From Company

Harvest Health & Recreation (CSE: HARV) this morning announced the retirement of chief operating officer Ron Goodson. The retirement comes less than a year after the company appointed Goodson to the role, whom has only held the position since January 6, 2020.

At the time, the appointment of Goodson replaced outgoing COO John Cochran. Goodson came to the company via Verano Holdings, where he served as President & COO. His appointment at the time had been viewed as a signal that that transaction would soon be closing after a long delay from the initial announcement.

However, that signal apparently was a failed one, with the Harvest-Verano transaction falling apart two months later in March of 2020 on the basis of “prolonged obstacles in meeting requirements for state and local regulatory authorities.” Interestingly enough, Verano Holdings is now expected to go-public on its own in an anticipated US$2.88 billion transaction via the reverse takeover of Majesta Minerals, wherein it’ll be the third largest public multi state operator by revenue, and a direct competitor of Harvest Health. Verano’s go public was leaked to the market on Friday.

Given the timing of events, the retirement of Goodson whom was formerly president of Verano is certainly interesting. Whether he returns to Verano is anyone’s guess. Harvest Health meanwhile has no immediate plans to fill the vacant spot on the C-suite left following Goodson’s departure, with the company saying that the responsibilities will be assumed by other members of the senior leadership team.

Harvest Health & Recreation last traded at $2.48 on the CSE.


Information for this briefing was found via Sedar, and Harvest Health and Recreation. 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

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Surge Battery Metals: The Nevada North Lithium PEA

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Harvest Health Sells 13 California Assets To High Times

Harvest Health (CSE: HARV) this morning announced that it is reducing its focus on the...

Tuesday, April 28, 2020, 09:00:59 AM

Verano: Haywood Securities Reiterates $36 Price Target

Earlier this week, Verano Holdings (CSE: VRNO) reported its first-quarter financial results. The company reported...

Friday, May 21, 2021, 10:31:00 AM

Trulieve Cannabis Closes Acquisition Of Harvest Health

Trulieve Cannabis (CSE: TRUL) has finally completed the acquisition of Harvest Health (CSE: HARV). It...

Friday, October 1, 2021, 07:43:45 AM

Verano Holdings: Canaccord Reiterates $35 Price Target

On April 8th, Verano Holdings (CSE: VRNO) announced their full year 2020 and fourth quarter...

Sunday, April 11, 2021, 01:45:00 PM

Verano Holdings To Acquire Sierra Well For US$29.0 Million

Verano Holdings (CSE: VRNO) is looking to expand its presence in Nevada. The company this...

Monday, July 26, 2021, 07:50:06 AM