Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics.
Introduction
Harvest Health (OTCQX:HRVSF) is a U.S. multi-state operator that went public in November 2018, through an RTO on the CSE. The company was quiet in the initial days of its public life but quickly rose to fame when it announced a landmark $850 million acquisition of privately-held Verano. However, the stock has fallen nearly 50% from its 52-week high which we believe presented a unique opportunity for long-term focused investors