Merger creates one of Arizona’s biggest medical marijuana firms

Harvest, a multistate medical marijuana company based in Tempe, Arizona, has merged with Modern Flower of Guadalupe to create what Harvest said is the largest MMJ operator in the state. The deal is the latest in what is expected to be a period of heavy M&A activity in the cannabis industry. The merger with Modern Flower gives Harvest six more medical cannabis licenses in Arizona and an 18,000-square-foot cultivation facility in Cottonwood, according to a company news release. Terms of the deal weren’t disclosed. Harvest already operates Arizona dispensaries in Tempe and Scottsdale, a ... Merger creates one of Arizona’s biggest medical marijuana firms is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs