Pure Harvest Corporate Group, Inc. (OTCQB:PHCG) entered into a letter of intent with Peak Holdings, LLC, Cannabis Venture Capital, Inc., and Peak North, LLC, a Colorado-based cannabis business with operations in Arizona and New York.
On March 24, 2022, Pure Harvest Corporate Group entered into a non-binding LOI with Peak, to acquire a 51% interest in Peak’s assets and expand Pure Harvest’s footprint both in and outside the State of Colorado. The Peak transaction will add two retail outlets to Pure Harvest’s Colorado marijuana operations. One of these dispensaries is located on Broadway Ave., Denver’s famous Green Mile, and will provide Pure Harvest with access to the largest retail market in the state. Peak’s other dispensary is located in Sedgwick Colorado, on the border with Nebraska, and caters to the eastern Colorado market.
