Method Testing Labs recently became the sixth company licensed to test cannabis in Florida. Based in Tampa, Method provides cannabis testing throughout Florida and Hemp testing throughout the country.
Trulieve Cannabis Corp. and Harvest Health & Recreation Inc. are pleased to announce they have entered into a definitive arrangement agreement pursuant to which Trulieve will acquire all of the issued and outstanding subordinate voting shares, multiple voting shares and super voting shares of Harvest. Under the terms of the Arrangement Agreement, shareholders of Harvest will receive 0.1170 of a subordinate voting share of Trulieve for each Harvest subordinate voting share (or equivalent) held, representing total consideration of approximately $2.1 billion based on the closing price of the Trulieve Shares on May 7, 2021.
“This announcement is the largest and most exciting acquisition so far in our industry, creating the most profitable public multi-state operator. Importantly, our companies share similar customer values with a focus on going deep in core markets. This combination offers us the opportunity to leverage our respective strong foundations and propel us forward with an unparalleled platform for future growth," stated Kim Rivers, Chief Executive Officer of Trulieve. "Harvest provides us with an immediate and significant presence in new and established markets and accelerates our entry into the adult
use space in Arizona. Trulieve and Harvest are leaders in our markets, recognized for our innovation, brands, and operational expertise with true depth and scale in our businesses. We look forward to providing best-in-class service to patients and customers on a broader national scale as we create an iconic US cannabis brand."
Following the just-convened state legislative session, pregnant women eligible for Medicaid can now keep that coverage for a full year post-partum. The measure passed as part of the state budget with bipartisan acknowledgement that new mothers’ health and reducing maternal morbidity and mortality depend, in part, on access to quality health care.
Holy Cross Health is now offering a new miniaturized, wireless monitoring sensor to manage heart failure. The Abbott CardioMEMS™ HF System is the first and only FDA-approved heart failure monitoring device that has been clinically proven to significantly reduce hospital admissions when used by physicians to manage heart failure.
Trulieve Cannabis Corp., a leading and top-performing cannabis company in the United States, announced it has been named a winner of a Silver Stevie® Award for Achievement in Growth in the 19th Annual American Business Awards®. The awards recognize businesses that have excelled in further developing their operations through various avenues such as mergers and acquisitions and corporate expansion.