OTCQX:HRVSF - Post by User
Post by
retiredcfon Jan 06, 2020 10:16am
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Post# 30521663
Market Movers
Market Movers Harvest Health & Recreation Inc. (HARV-C) slid 2.3 per cent after it announced that it's negotiating to acquire Interurban Capital Group, Inc., the owner and operator of Have a Heart CC, which has 11 operating dispensaries in California, Washington and Iowa and licenses for seven retail locations in California.
"Preliminary terms contemplate an acquisition price of approximately $87.5-million in Harvest stock and assumption of debt convertible into 205,594 multiple voting shares of Harvest stock, subject to applicable Canadian securities laws," the company stated.