Vertically integrated cannabis company Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF) sold its cultivation and processing assets in Utah and opened a new medical dispensary in South Miami Beach, Florida.
Divestiture Of Utah Operations
The Tempe, Arizona-based company no longer holds any operations in Utah, following the sale of its assets to a local operator for “an immaterial amount of cash.”
"We are pleased to have completed this divestiture as part of our strategic plan," Harvest CEO Steve White said. "We will continue to allocate resources to growth opportunities in our core markets."
New Miami Dispensary
Harvest’s eleventh medical cannabis dispensary in …