{"id":1504,"date":"2021-10-01T14:44:16","date_gmt":"2021-10-01T14:44:16","guid":{"rendered":"http:\/\/CBMicmh0dHBzOi8vd3d3LmhhcnRmb3JkYnVzaW5lc3MuY29tL2FydGljbGUvYnJpc3RvbC1iYXNlZC1tZWRpY2FsLW1hcmlqdWFuYS1kaXNwZW5zYXJ5LXBhcnQtb2YtbWFqb3ItY2FubmFiaXMtbWEtZGVhbNIBAA"},"modified":"2021-10-01T14:44:16","modified_gmt":"2021-10-01T14:44:16","slug":"bristol-based-medical-marijuana-dispensary-part-of-major-cannabis-ma-deal-hartford-business","status":"publish","type":"post","link":"https:\/\/thcinct.com\/?p=1504","title":{"rendered":"Bristol-based medical marijuana dispensary part of major cannabis M&amp;A deal &#8211; Hartford Business"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/thcinct.com\/wp-content\/uploads\/2021\/10\/bristol-based-medical-marijuana-dispensary-part-of-major-cannabis-ma-deal-hartford-business.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>Florida-based cannabis company Trulieve, which owns and operates a medical dispensary Bristol, acquired Phoenix-based Harvest Health &amp; Recreation Inc., creating one of the largest legal cannabis companies in the U.S.<\/p>\n<p>As part of the deal, Truelieve will acquire all shares of Harvest, according to a Friday announcement the company made after the deal closed. Harvest will be delisted from the Canadian Securities Exchange Oct. 4.<\/p>\n<p>&#8220;The combined footprint provides Trulieve with a solid foundation for continued growth and scale,&#8221; Trulieve CEO Kim Rivers said. &#8220;We look forward to fully integrating Harvest as we continue to execute on our hub strategy in the U.S.&#8221;<\/p>\n<p>The merger comes as Connecticut regulators set up an adult-use cannabis market in the state, following legalization of the drug that went into effect July 1.<\/p>\n<p>Trulieve is one of several major multistate operators with a footprint in Connecticut, which currently only offers retail sales of medical cannabis. However, real estate professionals in the Constitution State say major marijuana companies <a href=\"https:\/\/www.hartfordbusiness.com\/article\/marijuana-industry-jump-starts-commercial-real-estate-activity-in-ct\">are already reserving properties<\/a> for possible adult-use businesses, should they obtain licensure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Florida-based cannabis company Trulieve, which owns and operates a medical dispensary Bristol, acquired Phoenix-based Harvest Health &amp; Recreation Inc., creating one of the largest legal cannabis companies in the U.S. As part of the deal, Truelieve will acquire all shares of Harvest, according to a Friday announcement the company made after the deal closed. Harvest will be delisted from the Canadian Securities Exchange Oct. 4. &#8220;The combined footprint provides Trulieve with a solid foundation for continued growth and scale,&#8221; Trulieve CEO Kim Rivers said. &#8220;We look forward to fully integrating Harvest as we continue to execute on our hub strategy&#8230; <\/p>\n","protected":false},"author":1,"featured_media":1505,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-1504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"jetpack_featured_media_url":"https:\/\/thcinct.com\/wp-content\/uploads\/2021\/10\/bristol-based-medical-marijuana-dispensary-part-of-major-cannabis-ma-deal-hartford-business-scaled.jpg","_links":{"self":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts\/1504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1504"}],"version-history":[{"count":0,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts\/1504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/media\/1505"}],"wp:attachment":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}