Harvest Health, Columbia Care Each Open Dispensaries

Cannabis company Harvest Health & Recreation Inc. HARV HRVSF is cutting the ribbon on its newest medical dispensary in Pennsylvania.

The store — located at 20269 Route 19 N, in Cranberry Township — is its sixth retail location in The Keystone State.

"We look forward to serving patients and providing quality products at this new location in one of our core markets," Harvest Health's CEO Steve White stated Wednesday.

Meanwhile, in June, the Phoenix-based company closed its dispensary sale to High Times Holding Corp.

The deal, worth $61.5 million, secured to High Times eight Harvest Health's dispensaries.

Last week, the Los Angeles-based company allegedly lost the leases for the two San Francisco cannabis properties, which were a part of the retail acquisition from the Arizona multistate operator, as Marijuana Business Daily reported.

Columbia Care Opens Dispensaries In Miami And Brandon

Separately, Columbia Care Inc. CCHW CCHW CCHWF also opted to launch additional retail spaces in Florida.

The newly opened store, located at 12083 SW 117 Avenue in Miami, would open on Wednesday, Sept. 30.

The opening of the store located at 2116 W Brandon Blvd in Brandon is scheduled for Thursday, Oct. 1.

"We are excited to continue expanding our services and products to Florida residents," Arnetra Shettleworth, VP of Operations at Columbia Care, said Wednesday.

"As of October, Columbia Care will have dispensaries in 12 locations across the state, making it one of Columbia Care's largest markets," added Shettleworth.

Earlier this month, the New York-based company announced the finalization of The Green Solution's acquisition.

The price tag included Columbia Care's 33.2 million shares valued at C$4.35, US$15 million in secured debt, and a US$15 million seller's note.

Courtesy image

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisNewsMarketsCannabis Dispensarycannabis industryColumbia CareFloridaHarvest Health & Recreation Inc.High Times Holding CorpPennsylvaniastore
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.