Despite a robust market, U.S. multi-state operations (MSOs) like Harvest Health & Recreation (HRVSF) are trading at yearly lows. The company has a huge revenue ramp-up, but the market is rightly fully concerned about funding for expansion and ongoing operating losses, while the domestic cannabis sector awaits federal regulatory approvals. The stock is not for the risk-averse, but the situation is not as dire as the stock price presents.
Image Source: Harvest Health website
Tale Of 2 Slides
Harvest Health falls into the category of the top MSOs awaiting large-scale acquisitions to close