Harvest Health Lands $225M In Financing From Torian Capital

Law360 (July 31, 2019, 5:20 PM EDT) -- Harvest Health & Recreation, which operates cannabis facilities across multiple states, has landed up to $225 million in financing from a Torian Capital fund, the Tempe, Arizona-based company announced Wednesday.

Harvest Health & Recreation Inc. said the financing will be in the form of three private placement tranches, and Harvest plans to use the new capital to expand its geographic footprint.

The loan will be secured by current and future Harvest assets, and the first tranche is expected to close within a month.

"We continue to be impressed with Harvest’s industry leading footprint and world-class management team," David Kutcher, chief investment...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!