This post first appeared on Micro Cap Daily

Harvest Health & Recreation Inc. (OTCQX: HRVSF) stock price has finally started its fall, and it currently sees growth again. The price’s past performance has seen a lot of growth, followed by an equal amount of drops. However, after each decline, the price would typically reach entirely new heights when a new surge began so this might be the signs for investors to join in and purchase the company’s stock while the growth is still only starting out.

The biggest growth that the company has seen came in late December 2018, jut after the price reached its bottom at $4. By the end of the year, the price was already above $5, and by the end of January 2019, it reached the resistance level at $8. This is where it spent the majority of February, and in the last days of the month, it went through a correction that took it down to $6.

However, as the first week of March ended, the price started surging once again, this time going all the way up to $11, which was the resistance that rejected it, sending it down to $8. In mid-April, the price surged yet again, this time reaching $10, and it once again saw a rejection that sent it down, but this time, it was stopped by support at $7. This is where we find it now, with a new growth promising to bring it back to old resistances.

About Harvest Health & Recreation

Harvest Health & Recreation is among the first consistently profitable, vertically-integrated cannabis firms, and it has a massive footprint in the US. The company is known for industry-leading cultivation of cannabis, but also for manufacturing and retail facilities, as well as other areas, such as construction, technology, real estate, brand building, and more.

The firm has over 525 employees, with all the necessary knowledge and expertise regarding the best in-house production practices, which are used and replicated whenever the firm expands and enters a new market. Further, the company’s executives are some of the brightest minds in the areas of finance, real estate, compliance, and operations. The company is only eight years old, and it already has over 60 licenses in 12 different states, with plans to expand further by 2020.

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Harvest Health & Recreation’s progress in 2019

As mentioned, the company started seeing serious growth in the final days of December 2018, and the first days of January. It was in January that the firm got listed on OTCQX, which brought significant exposure to it.

By mid-February, the firm managed to open its 9th dispensary in Arizona, as well as its first in Florida. It also received six additional licenses in Arizona, it strengthened its Massachusetts team, and it acquired Verano, becoming one of the largest multi-state cannabis operators in the US.

The company then opened its first dispensary in California in early April, and it expanded through four east coast states through acquisitions, which allowed it to become one of the largest and most diversified cannabis operators in the US.

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Clearly, the company is making all the right moves, and with that in mind, it is hardly surprising that its’ stock price is growing rapidly. The corrections are present as well, of course, but the price always bounces back, stronger than ever before after each one. Investing in it now, while the price is only starting to bounce back is the best move investors can make, as large profits are on the horizon. We will be updating on Harvest Health & Recreation when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with Harvest Health & Recreation.

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Disclosure: we hold no position in Harvest Health & Recreation either long or short and we have not been compensated for this article.

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This post first appeared on Micro Cap Daily

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