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Harvest Health & Recreation Closes Its Acquisition of Have a Heart Dispensaries


Harvest Health & Recreation (OTC: HRVSF) has closed the books on its latest acquisition. The company announced on Monday that its merger with privately held Interurban Capital Group was completed the previous Friday. The closing of the deal gives Harvest control of the Have a Heart chain of dispensaries.

Last week Harvest, in announcing that the sale was moving forward, said it was to pay $85.8 million in cash and stock for its new asset. That price includes just over $19.1 million in debt assumption.

Image source: Getty Images

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Source Fool.com

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