Multi-state cannabis operator Trulieve today announced that it has reached an agreement resolving the active litigation.
In accordance with the settlement, Trulieve will acquire Harvest of Ohio, which will hold licenses for medical cannabis dispensaries in Columbus and Beavercreek. The Harvest of OH medical cannabis dispensary in Athens will be transferred to Ariane Kirkpatrick and will be rebranded under the name Mavuno. Separately, Kirkpatrick will divest ownership of Harvest Grows and Harvest Processing, which operate a production facility in Ironton, to unrelated third parties.
Trulieve said it will enter into service agreements to provide operational support to the Ironton production facility and pay an "immaterial amount" to Kirkpatrick. Other terms of the resolution remain confidential.
"We are happy to announce the resolution of our litigation that triples our footprint in Ohio. We look forward to serving medical patients and adult use customers when permitted," said Trulieve CEO Kim Rivers. "We are also excited to work with the new owners at the Ironton production facility. With our advice and support, we are certain these operators can produce the high quality products Trulieve is known for."
Harvest of OH was the result of a partnership that Kirkpatrick, 51% majority owner, formed with Harvest Health and Recreation, an Arizona-based multi-state operator which later was acquired by Trulieve. Since its formation, the Black woman-owned and family operated Harvest of OH was one of the few vertically integrated Ohio cannabis operations, consisting of medical dispensaries, and cultivation and processing operations.
