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Harvest Health & Recreation Inc (Sub Voting) HRVSF

Healthcare Drug Manufacturers - Major Cannabis
Harvest Health & Recreation Inc is a vertically integrated cannabis company. Its segment includes the production and sale of cannabis with three business areas including cultivation, processing, and retail dispensaries. Cultivation harvest grows cannabis in outdoor, indoor, and greenhouse facilities. Processing harvest converts cannabis biomass into formulated oil using a variety of proprietary extraction techniques. Retail dispensaries harvest operates and provides services to retail dispens...


OTCQX:HRVSF - Post by User

Harvest Health & Recreation Inc (Sub Voting)
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Post by retiredcfon Aug 01, 2019 9:12am
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Post# 29983314

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Harvest Health & Recreation Inc. (HARV-CN) announced that it has entered into a term sheet for a secured term loan of up to US$225-million from an investment fund managed by Torian Capital Partners, an investor in the global cannabis industry, along with other parties. The company said the loan will be made available in three tranches of US$75-million. It said financing proceeds "will enable Harvest to expedite its expansion efforts" and will be secured "by certain current and future assets of Harvest, including cannabis-related licenses."

 
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