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Sixth Harvest-Affiliated Pennsylvania Dispensary Opens in Cranberry Township

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Harvest Health & Recreation Inc. (HRVSF) announced the opening of its sixth medical dispensary in Cranberry Township, Pennsylvania, on September 30, 2020. This new location is part of Harvest's strategy to expand in one of the fastest-growing medical cannabis markets in the U.S. The dispensary operates from Monday to Saturday, 9:00 am to 7:00 pm, and Sunday, 10:00 am to 6:00 pm. CEO Steve White expressed excitement about serving patients and enhancing the company's presence in key markets.

Positive
  • Opening of a sixth dispensary in Pennsylvania enhances market presence.
  • Located in a rapidly growing medical cannabis market.
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PHOENIX, Sept. 30, 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 Cranberry Township, Pennsylvania.

Harvest of Cranberry Township is located at 20269 Route 19 N, Cranberry Township and is open Monday through Saturday from 9:00 am to 7:00 pm and Sunday from 10:00 am to 6:00 pm.  Additional Harvest affiliated dispensaries in Pennsylvania are located in Harrisburg, Johnstown, Reading (two locations), and Scranton.

"We are very excited to open our sixth location 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://harvesthoc.com 

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

Forward-looking Statements
This press release contains statements which costitute "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.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/sixth-harvest-affiliated-pennsylvania-dispensary-opens-in-cranberry-township-301140471.html

SOURCE Harvest Health & Recreation Inc.

FAQ

What is the significance of Harvest Health's new dispensary in Cranberry Township?

The new dispensary enhances Harvest Health's presence in a key market, reflecting growth in the cannabis sector.

When did Harvest Health open its sixth dispensary in Pennsylvania?

Harvest Health opened the dispensary on September 30, 2020.

What are the operating hours for the new Harvest dispensary in Cranberry Township?

The dispensary is open Monday to Saturday from 9:00 am to 7:00 pm and Sunday from 10:00 am to 6:00 pm.

How does the new dispensary impact Harvest Health's market strategy?

The new dispensary is part of Harvest's expansion strategy in one of the fastest-growing medical markets in the U.S.

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

The stock symbol for Harvest Health is HRVSF.

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