Vertically Integrated Cannabis Company Initiates Operations in the State

PHOENIX, Feb. 17, 2020 /PRNewswire/ -- Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) ("Harvest"), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., today announced the opening of a dispensary in Little Rock, Arkansas. The licensee, Natural State Wellness Dispensary, was inspected and authorized to commence operation by the Arkansas Alcoholic Beverage Control Division ("ABC"). Harvest has been authorized to operate the facility as Harvest House of Cannabis by the Arkansas Medical Marijuana Commission. This opening marks the beginning of Harvest's operations in the state.

"At Harvest, high-quality products and operational excellence are paramount, and we are committed to delivering exactly that to the qualified patients and caregivers of Arkansas," said Harvest CEO Steve White. "We are eager to operate within the state's promising medical marijuana market and to be an integral part of its growth and success."

Harvest House of Cannabis will offer nearly 125 different products in various categories for qualified patients. The dispensary, located at 900 S. Rodney Parham Road, is open Monday – Friday 10am – 8pm, Saturday 10am – 6pm and Sunday 11am -3pm.

About Harvest Health & Recreation Inc.

Headquartered in Tempe, Arizona, Harvest Health & Recreation Inc. is a multi-state cannabis operator (MSO) and vertically integrated cannabis company. Subject to completion of announced acquisitions, Harvest will have one of the largest footprints in the U.S., with rights to operate more than 210 facilities, of which approximately 130 are retail locations, and more than 1,700 employees across 18 states and territories. Since 2011, the company has been committed to expanding its Harvest House of Cannabis retail and wholesale presence throughout the U.S., acquiring, creating and growing leading brands for patients and consumers nationally and continuing on a path of profitable growth. Harvest's mission is to improve lives through the goodness of cannabis and is focused on its vision to become the most valuable cannabis company in the world. We hope you'll join us on our journey: https://harvesthoc.com

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Forward-looking Statements

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects Harvest management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Harvest believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability of Harvest to develop Harvest's brand and meet its growth objectives, the ability of Harvest to complete planned acquisitions that are accretive to it's revenue, the ability of Harvest to obtain and/or maintain licenses or other contractual rights to operate in the jurisdictions in which it operates or in which it expects or plans to operate; changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that the Company operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws, including those related to taxation; the inability to locate and acquire suitable companies, properties and assets necessary to execute on the Company's business plans; and increasing costs of compliance with extensive government regulation. This forward-looking information may be affected by risks and uncertainties in the business of Harvest and market conditions.

SOURCE Harvest Health & Recreation Inc.

Related Links

https://www.harvesthoc.com/

