Harvest Health and Recreation Inc (HARV)

[JohnCM]

HARVEST HEALTH & RECREATION INC. ANNOUNCES DIVESTITURE OF NORTH DAKOTA ASSETS

February 22, 2021

Harvest Health & Recreation Inc. ("Harvest") (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., has completed the divestiture of its dispensary assets in North Dakota.

A local operator acquired Harvest's two medical marijuana dispensaries located in Bismarck and Williston, North Dakota. The dispensaries were sold for an immaterial amount of cash. Following the sale, Harvest no longer has operations in North Dakota.

"We are pleased to have completed this divestiture as part of our strategic plan," said Chief Executive Officer Steve White. "We will continue to allocate resources to growth opportunities in our core markets."

About Harvest Health & Recreation Inc.

Headquartered in Tempe, Arizona, Harvest Health & Recreation Inc. is a vertically integrated cannabis company and multi-state operator. Since 2011, Harvest has been committed to expanding its retail and wholesale presence throughout the U.S., acquiring, manufacturing, and selling cannabis products for patients and consumers in addition to providing services to retail dispensaries. Through organic license wins, service agreements, and targeted acquisitions, Harvest has assembled an operational footprint spanning multiple states in the U.S. Harvest's mission is to improve lives through the goodness of cannabis. We hope you'll join us on our journey: https://harvesthoc.com

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