Harvest Health Sells California Retail Cannabis Operations to Hightimes Holding Corp for $80 Million in Stock and Cash

New Cannabis Ventures
By Alan Brochstein, CFAApr 28, 2020, 8:45 am733 ptsHotTop
Hightimes Holding Corp. today issued a Form 1-U detailing an $80 million transaction with Harvest Health & Recreation (CSE: HARV) (OTC: HRVSF). Harvest will sell up to 13 California dispensaries, most of which are not yet operational, to Hightimes for up to $12.5 million in cash and $67.5 million in preferred…

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