Harvest Health and Recreation Inc (HARV)

[turning stone]

JUST A BIT MORE DUE DILIGENCE ON HRVSF

Harvest Health and Recreation Inc. (HRVSF) (Market Cap: $694.093M; Share Price: $10.2706) said in March that it plans to buy rival cannabis company Verano Holdings LLC in an all-stock transaction for an estimated purchase price of approximately USD $850,000,000 based on a share price of CND $8.79. The combined company will be one of the largest multi-state operators ("MSO") in the U.S., as measured by licenses held and facilities permitted. Upon completion of the transaction and regulatory approval, Harvest will hold licenses that will allow it to operate up to 200 facilities in 16 states and territories across the country, including 123 retail dispensaries. Harvest Health trades on the Canadian Securities Exchange and over the counter in the U.S. and went public in November on the CSE.