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Trulieve Cannabis to buy Harvest Health & Recreation in $2.1 billion deal

05/10/2021 07:22
Trulieve Cannabis to buy Harvest Health & Recreation in $2.1 billion deal

- U.S.-based cannabis producer Trulieve Cannabis Corp TRUL.CD will buy rival Harvest Health & Recreation Inc HARV.CD in a deal that values the medical cannabis company at about $2.1 billion, the companies said on Monday.

Harvest shareholders will get 0.1170 of a Trulieve voting share for each Harvest subordinate voting share held.


(Reporting by Rithika Krishna in Bengaluru)

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