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Harvest Health & Recreation Inc. Opens 15th Dispensary in Phoenix, Arizona

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Harvest Health & Recreation Inc. (HRVSF) announced the opening of its fifteenth medical dispensary in Phoenix, Arizona, located at 2017 W Peoria Avenue, operational daily from 8:00 am to 10:00 pm. CEO Steve White expressed enthusiasm for expanding their presence in Arizona, emphasizing their commitment to serving patients with quality cannabis products. Harvest aims to enhance its retail and wholesale operations across the U.S., continuing its mission to provide access to cannabis for both patients and consumers.

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  • Opening of the fifteenth dispensary in Arizona.
  • Increased retail presence expected to boost sales.
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PHOENIX, Sept. 21, 2020 /PRNewswire/ -- Harvest Health & Recreation Inc. (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 Phoenix, Arizona.

Harvest of Phoenix is located at 2017 W Peoria Avenue in Phoenix and is open every day from 8:00 am to 10:00 pm.

"We are pleased to open our fifteenth location in our home state of Arizona and one of our core markets," said Chief Executive Officer Steve White. "We look forward to serving patients and providing quality products at this new location in Phoenix."

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://harvesthoc.com 

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

Forward-looking Statements

This press release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Harvest with respect to future business activities. Forward-looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include information regarding: (i) expectations regarding the size of the U.S. cannabis market, (ii) the ability of the Company to successfully achieve its business objectives, (iii) plans for expansion of Harvest, and (iv) expectations for other economic, business, and/or competitive factors.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects Harvest management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Harvest believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the effects of the weather, natural disasters, and health pandemics, including the novel coronavirus (COVID-19), on customer demand, the Company's supply chain as well as its consolidated results of operation, financial position and cash flows, the ability of Harvest to open additional retail locations and meet its revenue growth and profitability objectives, the ability of Harvest to integrate recent acquisitions, the ability of Harvest to obtain and/or maintain licenses or other contractual rights to operate in the jurisdictions in which it operates or in which it expects or plans to operate; changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of Harvest to raise debt and equity capital in the amounts needed and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that Harvest operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws, including those related to taxation; and increasing costs of compliance with extensive government regulation. This forward-looking information may be affected by risks and uncertainties in the business of Harvest and market conditions.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Harvest has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Harvest does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

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SOURCE Harvest Health & Recreation Inc.

FAQ

What is the significance of Harvest Health's new dispensary opening in Phoenix, Arizona?

The new dispensary is the fifteenth location for Harvest Health in Arizona, marking a significant expansion in their retail presence.

Where is the Harvest Health dispensary located in Phoenix, Arizona?

The dispensary is located at 2017 W Peoria Avenue, Phoenix, Arizona.

What are the operating hours of the new Harvest Health dispensary?

The dispensary is open every day from 8:00 am to 10:00 pm.

How does the new dispensary affect Harvest Health's business strategy?

The opening aligns with Harvest's strategy to expand its footprint in the cannabis market and enhance accessibility for patients.

What is the stock symbol for Harvest Health & Recreation Inc.?

The stock symbol is HRVSF.

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