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All over the place, isn't it. YCharts has a month by month breakdown with the higher count current as of Q2 in June 2020 . Several other sites show the lower count. I'd make a quick call or email to Harvest Investor Relations for the latest accurate count.
Investor Relations
Christine Hersey
Director of Investor Relations
Harvest Health & Recreation
Email: CHERSEY@HARVESTINC.COM
You nailed that...
Is it just me or...
Should GTI buy Harvest and Liberty. Like quick.
Did Liberty sell all its outdoor acreage?
I know Trulieve has a big outdoor facility under hoops, is that part of the 2 million you mention? Wasn't the short seller attempt on Trulieve based partly on fabricated negativity of their outdoor grow?
Trulieve and GTI merger would create a monster, true. But Liberty's 30 locations and other verticals, property executing and managed, would be like spending lunch money for GTI, Aphria or anyone else wanting a piece of Fl.
Personal opinion only, but given outstanding shares, where they hold licenses, their financial stability and upcoming Adult Use voting, I think GTI is possibly the best deal for shares right now.
I'm about 25% Cannabis, 25% Tesla and NIO EV, 25% Crisper related biotech and 25% cash.
Disappointed in Liberty returns but i'm spread enough to hold what I have at least until Adult Use vote, be it for merger or otherwise.I'm not losing money on Liberty at this point... fwiw my best returns lately have been the EV's and Harvest Health and Recreation aka Harvest House of Cannabis. Honestly Liberty, while not losing money, is my lowest return and except for that bump up we had a few weeks ago thats kinda been the story and why I'm asking others such as those at this forum... why, lol.
btw, anyone think there is anything to the mumbling of Aphria taking over Liberty if Florida votes yes on Adult Use?
Do you think that Liberty is capable of improvement with current management RangerPete?
Are the locations good, are their stores well kept and staffed with decent budtenders?
Do you feel the product quality and inventory if Seed Junkies get Liberty on par with expectations is enough to make a difference for shareholder returns?
Thank you TRAINWRECK, I appreciate the time you took to help the rest of us and I value your opinion. Nothing like boots on the ground from real cuatomers.
Thank you RangerPete, that was the feedback I was looking for. So Liberty needs to improve on several levels. Hopefully Seed Junkies address the product quality issue and the grow op issue.
I sincerely appreciate your post.
Seven currently open and two more opening very soon in PA.
https://www.harvesthoc.com/location
And this stock is not only about Arizona Adult Use passing as the Adult Use market in PA. and FL. is larger than AZ., which is a great market too.
First, I am a long term and current Liberty shareholder and I don't plan on doing anything but adding shares up till at least the Florida Adult Use vote.
I don't consider Liberty to be a lottery ticket stock, as I would say MedMen at the moment [and yes I bought a lottery ticket lol]
Something is wrong at Liberty. Something fundamental and at their core. Liberty has fairly consistently placed second to Trulieve in ounces sold, and Liberty has a lot of locations, over thirty in Florida. Yes Truelieve has double the locations. Yet Trulieve trades at how many times Liberty. Something is seriously out of wack at Liberty.
The new relationship with Seed Junkies show Liberty management want to keep their jobs. However, I find it difficult to believe that product quality is the sole issue with Liberty stock price. It is going to take a couple quarters with new and improved product to make a difference in sales even if the new product is the best on the market.
Perhaps members of this board who purchase in Florida at both Liberty and Trulieve and others could voice their opinion as to why or what they think Liberty needs to do to improve and differences between the experience of being a customer at Liberty and Trulieve and other retailers in the Florida market. Is it locations? Poor customer service? Selection? Quality? I'd love to hear from those who are in person in the Florida market.
I live about as far from Florida in the USA as a person could. Which means it is getting very cold where I live now. Maybe a trip to Florida is in order, not just for some sunshine...
Probably a good 20 to 30 percent gain to be had at today's price [an hour and a half into the session, mid $1.50's pps] if Arizona says YES.
Holding all my HRVSF. If I had missed this last run up [I didn't yay!] I'd be buying today and only having to wait a week for the gains, be they what they may. Don't forget Harvest is in Florida and Pennsylvania too. When they go Adult Use that should be a positive. Both huge markets. The wait for that to happen should be worth the wait.
Well, if you wanted to buy shares late yesterday, this is good news lol.
In my case, the move is hopefully just a short term kick in the balls I could have done without ha. Ouch...
Well, that new injection of capital won't close in time to effect the Quarterly Report on Nov. 10th 2020 I suppose. It is becoming ever increasingly important to report positive EBITDA and Operating Income.
Use the money wisely Harvest...
OTC DISCLOSURE & NEWS SERVICE
Harvest Health & Recreation Inc. Announces C$30,000,000 Million Bought Deal Financing
Press Release | 10/21/2020
** THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.**
PHOENIX, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Harvest Health & Recreation Inc. (“Harvest” or the “Company”) (CSE: HARV), a vertically integrated cannabis company and multi-state operator in the U.S., is pleased to announce that is has entered into an agreement pursuant to which Eight Capital, as lead agent and bookrunner, together with a syndicate of underwriters (collectively, the “Underwriters”), will purchase on a “bought deal” basis 13,274,400 units of the Company (“the Units”) at a price of $2.26 per Unit (the “Offering Price) for aggregate gross proceeds to Harvest of $30,000,144 (the “Offering”). (All figures are in Canadian dollars unless otherwise stated.)
Each Unit shall consist of one common share of the Company (each, a “Unit Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant shall be exercisable into one common share of the Company at an exercise price of $3.05 per common share for a period of 30 months from the Closing Date (as defined below) (the “Warrant Shares” or together with the Unit Shares, “Shares”). If the daily volume weighted average trading price of the common shares of the Company on the Canadian Securities Exchange (the “CSE”) for any 10 consecutive days equals or exceeds $4.97, the Company may, upon providing written notice to the holders of the Warrants, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such written notice.
The Company has granted the Underwriters an option, exercisable, in whole or in part, at any time not later than the 30th day following the closing of the Offering, to purchase up to an additional 15% of the Offering at the Offering Price for market stabilization purposes and to cover over-allotments, if any (the “Over-Allotment Option”). If the Over-Allotment Option is exercised in full, the total gross proceeds of the Offering will be approximately $34,500,000.
The Units will be offered by way of (i) a prospectus supplement (the “Prospectus Supplement”) to Harvest’s short form base shelf prospectus dated June 24, 2020, of which the Prospectus Supplement will be filed with the securities commissions and other similar regulatory authorities in each of the provinces and territories of Canada; (ii) in the United States by way of private placement pursuant to the exemption from registration provided for under Rule 144A of the United States Securities Act of 1933, as amended; and (iii) in jurisdictions outside of Canada and the United States as are agreed to by the Company and the Underwriters on a private placement or equivalent basis.
The net proceeds of the Offering are expected to be used for working capital and general corporate purposes.
The Offering is expected to close on or about October 28, 2020 (the “Closing Date”) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the CSE.
I've been looking for an answer for the last 40 minutes. Nothing at the OTC site, Yahoo Fourm or Google search. I'm in at $1.18 pps and of course with the AZ Adult Use vote coming up in just over a week I expected a rise in share price as it looks good for the vote going in a positive direction from an investor standpoint.
Please post if you find any solid info and I'll do the same. Harvest is certainly in the right states for future Adult Use voting and the outstanding share count isn't currently out of hand. Let's hope shareholder dilution doesn't become an issue and bring increased share price to a halt.
I'm hoping the news that caused the trading halt just before close today is news of a merger that makes sense and not something to do with the SEC from a few months ago. I hope anything to do with High Times is avoided like the plauge as they are as flaky as it gets at the home of the musical chairs CEO.
Good News Please...
Arizona likely to pass Adult Use in November.
Holding my shares till at least that time. Arizona market is huge!
Share count isn't a big help. If this isn't at least 5x pps what it is today when Florida goes adult use I'll be shocked. Honestly, it should be 10x what pps it is today.
Management much improved, the announcement concerning SeedJunky bodes well for future product quality and sales. Looking forward to other positive announcements and partnerships. No further dilution of shares is critical as is keeping out of debt.
My largest holding and staying long at least thru Florida adult use becoming legal.
While you were investing, some loser on a surf board was robbing you blind.
Shareholders in this company are nothing but a paycheck for this turd.
I'd be ashamed to have my photo on their website management page.
An OTC listing will follow very quickly after the CSE ticker/listing. I'm really curious as to what PPS they will open at as well as how quickly they will list on a USA big board and leave the OTC behind, as they will certainty do.
I apologize for not getting back to you before now. I had a major medical emergency and was in the hospital for months and recovery has been slow.
About getting in on a Pre-IPO. Well, you could email the Acreage Holdings investor contact listed below. I would think it would take six or seven figures to get in Acreage Holdings stock Pre-IPO if they would even do that this close to the IPO.
Acreage Holdings
Gregory V. Carter
Director of Investor Development
g.carter@acreageholdings.com
917.258.9036
366 Madison Avenue, 11th Floor
New York, NY 10017 USA
AcreageHoldings.com
Acreage Holdings - Pre IPO
The Acreage Holdings ticker symbol will be added upon the company being listed on a public exchange.
https://www.acreageholdings.com/about/
Please share your opinions in a manner respectful of your fellow investors and the Investors Hub terms of service.
Lets discuss Acreage Holdings!
Acreage Holdings should be one of the larger cannabis related IPO's of 2018 and once listed on an exchange one of the largest US cannabis companies. I am looking forward to having Acreage Holdings as a core long term part of my cannabis investments.
By 2020 I think you get to that $10 pps only by merger, acquisition, a big board listing [NYSE] and a completely different legal environment including fully legal banking and much larger number of states with recreational cannabis legal.
Otherwise I think $10 pps is a bit optimistic even by the end of 2020.
I of course hope you are correct and I am wrong! lol
The way things are rapidly developing it really is hard to estimate a pps other than to say if you are already in, your chances of a multi bagger by 2020 are looking very good :)
Agree on management. A huge reason this is one of my largest cannabis stock investments is Beth Stavola.
BETH STAVOLA
Chief Operating Officer
Beth Stavola is also the Founder and CEO of Stavola Medical Marijuana Holdings, Health for Life Inc, GreenMart of Nevada, and CBD For Life, thriving cannabis businesses that process, grow and dispense throughout locations in both Arizona and Nevada. Before entering the cannabis space, Beth was Senior Vice President of Institutional Equity Sales at Jefferies New York.
She also has major connections to the New Jersey market, which as we all know, has a cannabis business friendly governor and will likely see full recreational before end of 2018.
When that happens, New York shouldn't be far behind, which will help shares of of this and others in the cannabis business, obviously.
Long MPXEF and feeling totally confident in this company.
Hi Nickftw,
Since you asked...
First I'm not bashing, just telling you very briefly why I wouldn't touch this stock with an 11 foot pole.
I am invested in several cannabis stocks and after looking at this I do not see the value it is at now and mind blown when it was touching $20pps. I think the future looks even more bleak because...
I see the term "Home Depot of MJ" being used. That is a great example because not only could and would HD and Lowe's etc undersell this stocks products at their retail locations you could easily buy most of what I see this stocks offerings in their poducts pages on line from the same HD and Lowe's and others. Go to their website and act like a customer looking for products. Their website is very poorly done.
Their management also fails to impress me [see website mentioned above]. Also consider they just raised $9 million dollars. Read the 8-K, Doesn't impress me at all however perhaps I'm missing something obvious?
I do however wish all invested in this stock the best and hope you all end up with a multi-bagger. Have a great year!
The lack of filings you mention prevented me from buying this at .13 pps at Fidelity. Ouch.
If I wasn't up so much on some others this would have really hurt my feelers lol...
Happy New Year!
Are you saying 1/3 of US housing is vacant? Please clarify.
I'm sure I'm misunderstanding your statement because if that is what you are saying it is wildly incorrect.
I think you are misinterpreting Mnuchin's statement.
He said "within this administration". Now think about, given the course of events up until now, how that may mean something quite different than you are thinking.
Additionally, there are still relevant active courts cases and evidence to be seen and heard.
You are partly correct...
Mnuchin is going to have Mel Watt stop the NWS.
Mnuchin meets with Watt and says...
I have Tax Reform, Currency Manipulation, Export Bank on my plate.
You don't.
?
Agreed. One could also read it as -
Institutional stockholders have money and were warned by Hank Paulson in advance of the fraudulent conservatorship not to put money into Fannie and Freddie because the government was about to rob Fannie and Freddie.
So if you were Trump - Mnuchin would you make
Watt announce the end of the sweep?
Based on the CNBC interview with Mnuchin, is he saying that treasury and administration have decided to keep the sweep in place for the upcoming March profits or based on Mnuchin's comment about meeting with Watt do you think he told Watt it is his job to announce the end of sweep?
Could Mnuchin's comment about having "assigned a team thats working on it" [FnF] mean negotiations are currently taking place?
Sweeny > Ginsburg - Millet.
Judge Ginsburg - A Portrait
http://www.nytimes.com/1987/11/01/us/court-choice-in-focus-a-portrait-of-ginsburg.html?pagewanted=all
"The views of Judge Ginsburg, like those of other free-market theorists, are at odds with Supreme Court precedents on some antitrust issues. But recent Supreme Court decisions, like the consensus of the antitrust bar, have been moving somewhat in their direction toward greater tolerance of some big-business practices that were once considered anticompetitive."
" Prof. Richard A. Epstein, who had Mr. Ginsburg as a student at the University of Chicago Law School in 1973"...
"Mr. Ginsburg, who led a subcommittee of the White House Economic Policy Council "
"the law sometimes does not allow as much leeway for the analysis of costs and benefits as wanted when he was chief of regulatory policy at the Office of Management and Budget in 1984-85."
" Mr. Ginsburg was on the faculty of Harvard Law School from 1975 to 1983, and for the last six years of that period, he also engaged in the part-time practice of law. His practice, like his academic and Government work, focused on the intersection of business and the law; he advised companies in regulated industries how to take advantage of new business opportunities."
"''My clients were major financial institutions, such as Chase Manhattan Corporation and the State Street Boston Corporation, as well as telephone operating companies owned by GTE Corporation,'' he told the Senate Judiciary Committee when it was considering his nomination to be an appellate judge last year."
Sure, we've seen it happen many times yes?
However if it is going to kill him "A large amount I can't afford to lose" what would you suggest to him?
I sure did well loading up again when it dipped down to almost a dollar not all that long ago and is where it is today [though I liked Mnuchin announcement day better lol].
Of course I'm long both FNMA and FMCC and have been for over 5 years so I am not selling any major part of my shares in either till this is well above where it is today. Even if that means I have to wait a couple more years [NYSE relist etc]
None dare to put J. Timothy Howard up against the questions posed in the Fox News report you linked to. Tim would crush Freeman, WSJ and any other who spew this B.S.
How weak Mr. Roods responses were, generally speaking, to all the other persons involved in the questioning.
Investors are taxpayers too. WSJ is the scam as are all who mislead the public with this verifiable fraud.
Fannie and Freddie bailed out the US government and banking system, not the other way around. To say anything else is not a matter of opinion at this point, it is a verifiable fact.
From Fairholme Funds home page -
"Fannie Mae and Freddie Mac. We believe that these two companies may be the most important financial institutions in the United States – perhaps the world – and directly support housing affordability and accessibility, including the uniquely American 30-year fixed-rate mortgage. They are a major reason why our country did not descend into a second Great Depression. Millions of American families depend on Fannie Mae and Freddie Mac to lower the costs and improve access to homeownership. In times of stress, these two have helped to ensure the continued functioning of the U.S. housing market. They have no substitutes. Fairholme’s investment in Fannie and Freddie demonstrates a commitment to ignore the crowd and invest in valuable, systemically important institutions – even those that are politically unpopular."
Sounds quite different than the link below - Though it reads a lot like other plans on replacing Fannie and Freddie which also amount to "we take over their operation and continue their successful operations using current resources and we just rename the two companies". I'd love to see Tim Howards opinion on the "Offer" linked below.
http://online.wsj.com/public/resources/documents/FairholmeOffer.pdf
Still long on both FNMA and FMCC.
I think Trump would like a positive legacy and a second term. Screwing common shareholders will not help as the truth of the current administrations lies and fraud are becoming know to all a bit more every day.
Correct.
And, Tax sales are a totally different thing than Adverse Possession, which is a totally different thing than Eminent Domain.
Ignore everything said about Adverse Possession in his post btw, totally incorrect.
A Song for $2 Shorts
Improved now for me. Was horrible during first round of guest speakers.