Anyone watching this company?
What is your take?
https://www.cnbc.com/2019/03/16/harvest-ceo-850-million-verano-deal-is-just-the-beginning-for-us-pot.html?__source=yahoo|finance|headline|story|&par=yahoo&yptr=yahoo
QUOTE
Earlier this week, cannabis product retailer Harvest Health and Recreation announced it would buy competitor Verano Holdings for $850 million in an all-stock deal, marking the largest U.S. cannabis deal to date. The combined company will be one of the country's largest multi-state operators, presiding over as many as 200 facilities in 16 states.
"We have had an emphasis on profitability from the very beginning of our formation, when talking to Verano, that they are like-minded in that respect," he said. "They have been running a profitable company for quite some time as well, which, as you know, in the U.S. cannabis industry is quite unique. There's only a few companies that actually run profitably. So, in this case, you've just combined two of them, so there's one less."
Shares of the company, which also trade over the counter, have climbed more than 52 percent year to date.