On September 9, Harvest Health & Recreation Inc. (OTCMKTS:HRVSF) announced the signing of a new state-approved management services agreement with Maryland dispensary, Your Farmacy-CWS. This will give Harvest Health and Recreation the right to run a medical retailer.
Enhancing footprint in Maryland
The Lutherville-Timonium MD medical dispensary that is 3,120 sq. ft. will be transformed to operate as a Harvest Health cannabis retail store. The company is popular for its best-in-class operations as well as industry standards for marijuana products aimed at bettering the community.
Following the agreement, the company will increase its presence in Maryland which further validates its position as a top medical cannabis company on the east coast. This is in addition to its significant footprint in the western region of the US. Currently, the Arizona-based cannabis company has rights to run a medical marijuana store in Rockville as well as a cultivation and processing site in Hancock.
Bringing quality cannabis experience and products to Maryland
According to the Harvest Health Executive Chairman, Jason Vedadi, Maryland is an important market for the medical cannabis industry. He added that the company is delighted to bring its high-quality cannabis products and experiences to patients of Maryland. Vedadi said that company’s operation team was excited to build on the exceptional work that Your Farmacy has been doing for patients in the community. The company will continue to develop Your Farmacy’s medical cannabis services with its vast experience and deep knowledge in the industry.
Harvest Health has shown dedication towards creation, acquisition, and expansion of its brands and distribution across the US. This ensures products are accessible to customers and patients looking for premium cannabis experiences they can be confident with.
With the signing of the transaction the company now increases its footprint for holding licenses for the right to run over 210 facilities. Out of these facilities around 130 are retail stores distributed across 18 states in the US. The company has been growing its wholesale and retail footprint since 2011through acquisition and creation of leading brands.