Trulieve Cannabis Acquiring Harvest Health & Recreation in $2.1 Billion Deal

Trulieve Cannabis Acquiring Harvest Health & Recreation in $2.1 Billion Deal

Trulieve Cannabis (OTC: TCNNF) is acquiring up-and-coming peer Harvest Health & Recreation (OTC: HRVSF) in an all-stock deal, both companies announced Monday. Harvest stockholders will receive 0.117 of a subordinate voting share of Trulieve for each Harvest share they hold. While both companies are well-known multistate operators (MSOs), separately their geographic footprints are quite limited.