37.4 F
New York
Sunday, January 17, 2021

Harvest Health & Recreation Inc (OTCMKTS:HRVSF) Expands the Brain Trust

Must read

Biggest Stock Market Crashes of All Time

Aside from the COVID-19 outbreak that is likely to mark the entire 2020 decade, the year of 2020 has also witnessed the...

Vertiv Holdings Co. (NYSE:VRT) on the Path to Profitability

The Vertiv Holdings Co. (VRT) shares are trading at higher $13.83 and the avg recommendation for the stock is Moderate Buy. The current analyst...

Paychex Inc. (NASDAQ:PAYX) on the Path to Ruin

The Paychex Inc. (PAYX) shares are trading at lower $73.94 and the avg recommendation for the stock is Moderate Buy. The current analyst price...

5 Stocks to Buy and Hold for Life

These are 5 rock-solid stocks you can buy and hold for life. The art of long-term investing...

One should note that Harvest Health & Recreation Inc (OTCMKTS:HRVSF) just announced the appointment of Deborah Keeley as Chief Financial Officer, effective immediately. According to the release, Mrs. Keeley joined Harvest in April 2020 as Vice President of Finance and Tax.

Over her 20+ year career, Mrs. Keeley has held Chief Financial Officer, Chief Accounting Officer and VP Finance and Operations positions for both public and private companies.  Most recently, Mrs. Keeley was the Senior Vice President Finance and Operations of Cultural Experiences Abroad, a global educational company.  Previously, she was a Senior Vice President and Chief Accounting Officer for Mobile Mini, Inc., a NASDAQ-listed global portable storage company with over 130 locations.  Mrs. Keeley received her BSACC from Arizona State University.        

Harvest Health & Recreation Inc (OTCMKTS:HRVSF) bills itself as a company that cultivates, manufactures, and retails cannabis in the United States. The company is headquartered in Vancouver, Canada.

Harvest Health & Recreation Inc. is one of the first consistently profitable, vertically integrated cannabis companies with one of the largest footprints in the U.S. Harvest’s complete vertical solution includes industry-leading cultivation, manufacturing, and retail facilities, construction, real estate, technology, operational, and brand building expertise — leveraging in-house legal, HR and marketing teams, along with proven experts in writing and winning state-based applications.

The company has more than 525 employees with proven experience, expertise and knowledge of in-house best practices that are drawn upon whenever Harvest enters new markets. Harvest’s executive team is comprised of leaders in finance, compliance, real estate and operations.

Since its founding in 2011, Harvest has grown its footprint every year, has been ranked as the third largest cultivator in the U.S. and currently owns licenses for more than 130 facilities across the U.S. Harvest shares timely updates and releases as part of its regular course of business with the media and the interested public.

Find out when $HRVSF reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

As noted above, HRVSF just announced the appointment of Deborah Keeley as Chief Financial Officer, effective immediately.

Even in light of this news, HRVSF has had a rough past week of trading action, with shares sinking something like -9% in that time. That said, chart support is nearby and we may be in the process of constructing a nice setup for some movement back the other way. Over the past month, shares of the stock have suffered from clear selling pressure, dropping by roughly -43%. In addition, the listing has seen interest climb, with an increase in recent trading volume of 12% beyond its prior sustained average level.

Over her 20+ year career, Mrs. Keeley has held Chief Financial Officer, Chief Accounting Officer and VP Finance and Operations positions for both public and private companies.  Most recently, Mrs. Keeley was the Senior Vice President Finance and Operations of Cultural Experiences Abroad, a global educational company.  Previously, she was a Senior Vice President and Chief Accounting Officer for Mobile Mini, Inc., a NASDAQ-listed global portable storage company with over 130 locations.  Mrs. Keeley received her BSACC from Arizona State University.

At this time, carrying a capital value in the market of $118M, HRVSF has a significant war chest ($130.3M) of cash on the books, which stands against about $145.4M in total current liabilities. One should also note that debt has been growing over recent quarters. HRVSF is pulling in trailing 12-month revenues of $189.8M. In addition, the company is seeing major top-line growth, with y/y quarterly revenues growing at 136.7%. We will update the story again soon as further details emerge. Sign-up for continuing coverage on shares of $HRVSF stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $HRVSF, either long or short, and we have not been compensated for this article.

Latest article

Ozop Energy Solutions Inc (OTCMKTS:OZSC) Remains Volatile: Stock in Focus

Those who are looking to discover stocks that may have made big moves over the course of the past week could consider...

Data Storage Corp (OTCMKTS:DTST) Gets Sudden Attention: What’s The Buzz?

One of the stocks to have made significant gains this week was that of Data Storage Corp (OTCMKTS:DTST). The Data Storage Corporation...

A Closer Looks at American Battery Metals Corp (OTCMKTS:ABML) Developments

American Battery Metals Corp (OTCMKTS:ABML) is one of the stocks to have been in focus among investors over the course of the...

Why is Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) In a Bearish Trend?

The Bitcoin rally over the past weeks has taken the crypto space by storm. However, it should not be forgotten that Ethereum,...

Curaleaf Holdings (OTCQX:CURLF) Continues to Hit New Highs: Next Move?

The cannabis sector has had its ups and downs over the last year, but there are certain stocks that are almost always...