Is cannabis multistate operator Harvest Health in hot water – or busy cutting deals?

  • It’s a crazy industry, but I don’t think (Harvest is) the norm, said Matt Karnes, the founder of GreenWave Advisors in New York City.
  • He also pointed to the former employee lawsuits and the High Times deal, and compared the latter to house-flipping since many of those assets were bought barely a month earlier.
  • The thing that you get here is that it’s the whole elephant, Rogoway said.
  • Regarding the failed acquisitions and various legal disputes, Rogoway said: Transactions that have fallen apart for various reasons, like partnership disputes

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