Wednesday, October 8, 2025

Latest

Trulieve Cannabis Closes Acquisition Of Harvest Health

Trulieve Cannabis (CSE: TRUL) has finally completed the acquisition of Harvest Health (CSE: HARV). It was announced this morning that the Florida based operator has fully acquired all of the outstanding shares of Harvest.

The transaction saw the company issue 0.1170 of a share for each subordinate voting share held by a shareholder of Harvest. A total of 50.9 million shares of Trulieve were issued as a result.

With the closing of the transaction, Trulieve now has a sales channel consisting of a total of 149 dispensaries, which are spread across eleven states. The firm also holds leading positions in the states of Florida, Pennsylvania, and Arizona, while claiming that it is one of the most profitable multi state operators.

The company also claims that post closing, on a combined basis, the company had the largest revenue figure in the second quarter of 2021 at $317.6 million. Of that figure, $215.1 million is attributable to the legacy Trulieve operations, while $102.5 million is attributable to harvest.

Shares of Harvest Health are currently slated to be delisted from the CSE on October 4, 2021.

Trulieve last traded at $34.46 on the CSE.


Information for this briefing was found via Sedar and Trulieve Cannabis. 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

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

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 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

Trulieve Sees Flat Q2 Results, Lowers Guidance For Full Fiscal Year

Growth appears to be slowing for Trulieve Cannabis (CSE: TRUL), whom this morning reported its...

Wednesday, August 10, 2022, 08:21:12 AM

Trulieve Reports Q4 2020 Revenues Of $168.4 Million, Net Income Of $3.0 Million

Trulieve Cannabis (CSE: TRUL) this morning reported its fourth quarter and full year financial results...

Tuesday, March 23, 2021, 07:26:18 AM

Trulieve: Analysts Expect Beat On Company Full Year Guidance

Trulieve Cannabis (CSE: TRUL) announced that they will be reporting their fourth quarter and year-end...

Friday, March 5, 2021, 10:37:00 AM