Trulieve is now the largest cannabis operator in the U.S. after closing $2.1 billion deal

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Summary

Trulieve, a cannabis company that operates across 11 U.S. states, has completed the acquisition of Arizona-based Harvest Health & Recreation Inc. In August, Trulieve reported revenues of US$215.1 million ($272 million) for the second quarter, with a net income of US$40.9 million ($51.8 million). As a result of the deal, Harvest shares will be delisted from the Canadian Securities Exchange at the close of trading on Oct. 4, 2021, notes Green Report. Trulieve is now the largest and most profitable cannabis operation in the U.S., according to the company’s announcement. The US$2.1 billion deal was first announced in May.

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Trulieve, a cannabis company that operates across 11 U.S. states, has completed the acquisition of Arizona-based Harvest Health & Recreation Inc.

The US$2.1 billion deal was first announced in May. Trulieve is now the largest and most profitable cannabis operation in the U.S., according to the company’s announcement.

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