Eleventh Harvest-Affiliated Pennsylvania Dispensary Opens in South Philadelphia

Rhea-AI Summary

Harvest Health & Recreation Inc. has opened its eleventh medical dispensary in Philadelphia, Pennsylvania, marking a significant expansion in one of the fastest-growing medical cannabis markets in the U.S. Located at 501 South Broad St, the dispensary operates Monday to Saturday from 9:00 am to 8:00 pm and Sunday from 10:00 am to 6:00 pm. CEO Steve White expressed enthusiasm for serving patients in this core market. Harvest is committed to enhancing its presence through organic growth and strategic acquisitions.

Positive

• Opening of the eleventh dispensary in Pennsylvania, demonstrating growth in a key market.
• Expansion reflects Harvest's strategy to enhance retail presence and meet increasing demand.

Negative

• None.

PHOENIX, Aug. 19, 2021 /PRNewswire/ -- Harvest Health & Recreation Inc.  ("Harvest") (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the opening of a new medical dispensary in Philadelphia, Pennsylvania.

Harvest of South Philadelphia is located at 501 South Broad St, Philadelphia and is open Monday through Saturday from 9:00 am to 8:00 pm and Sunday from 10:00 am to 6:00 pm.

More information for patients about the new medical dispensary location can be found at: https://www.harvesthoc.com/locations/pennsylvania/philadelphia/harvest-of-philadelphia-broad/

Additional Harvest-affiliated dispensaries in Pennsylvania are located in Camp Hill, Cranberry Township, Harrisburg, Johnstown, King of Prussia, Reading (two locations), Scranton, Whitehall, and York.

"We are pleased to open our eleventh Harvest-affiliated dispensary in Pennsylvania, one of the fastest growing medical markets in the U.S." said Chief Executive Officer Steve White. "We look forward to serving patients and providing quality products at this new location in one of our core markets."

About Harvest Health & Recreation Inc.
Headquartered in Tempe, Arizona, Harvest Health & Recreation Inc. is a vertically integrated cannabis company and multi-state operator. Since 2011, Harvest has been committed to expanding its retail and wholesale presence throughout the U.S., acquiring, manufacturing, and selling cannabis products for patients and consumers in addition to providing services to retail dispensaries. Through organic license wins, service agreements, and targeted acquisitions, Harvest has assembled an operational footprint spanning multiple states in the U.S. Harvest's mission is to improve lives through the goodness of cannabis. We hope you'll join us on our journey: https://www.harvesthoc.com/

Facebook: @HarvestHOC
Instagram: @HarvestHOC
Twitter: @HarvestHOC

Forward-looking Statements
This press release may contain "forward-looking statements" regarding Harvest's business strategies or prospects, which may be identified by the use of words such as, "may", "would", "could", "will", "likely", "expect", "anticipate", "believe, "intend", "plan", "forecast", "project", "estimate", "outlook" and other similar expressions. Such statements include, but are not limited to, the following: our growth potential in our core cannabis markets, and the sustainability of such growth; our ability to successfully and timely execute our business and operational plans in such markets; statements regarding our proposed strategic business combination with Trulieve Cannabis Corp. ("Trulieve"), including without limitation, the expected terms, timing and closing of the combination, the timing and nature of all required regulatory approvals, estimates of pro-forma financial information of the combined company, Trulieve's and Harvest's expected financial performance for fiscal 2021, the combined operations and prospects of Trulieve and Harvest, and the current and projected market and growth opportunities for the combined company and value for shareholders; the development of favorable federal and state cannabis regulatory frameworks in the United States applicable to multi-state cannabis operators; and adverse changes in the public perception of cannabis.  Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including assumptions in respect of current and future market conditions. Actual results, performance or achievement could differ materially from that expressed in, or implied­.

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SOURCE Harvest Health & Recreation Inc.

FAQ

What recent development has Harvest Health & Recreation Inc. announced?

Harvest Health & Recreation Inc. has opened its eleventh medical dispensary in Philadelphia, Pennsylvania on August 19, 2021.

Where is the new Harvest dispensary located?

The new Harvest dispensary is located at 501 South Broad St, Philadelphia, Pennsylvania.

What are the opening hours of the new Harvest dispensary in Philadelphia?

The dispensary is open Monday through Saturday from 9:00 am to 8:00 pm and Sunday from 10:00 am to 6:00 pm.

How many dispensaries does Harvest currently have in Pennsylvania?

With the new opening, Harvest now has eleven affiliated dispensaries in Pennsylvania.

What is the significance of the new dispensary opening for Harvest Health & Recreation Inc.?

The new dispensary opening signifies Harvest's commitment to expanding its footprint in the rapidly growing medical cannabis market in Pennsylvania.