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Harvest Health & Recreation, Inc. (OTCMKT:HRVSF) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Harvest Health & Recreation, Inc. (OTCMKT:HRVSF) seasonal charts above shows that a Buy Date of November 6 and a Sell Date of January 31 has resulted in a geometric average return of 48% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 4 of those periods. This is a poor rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 8 years by an average of 40.7% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.

A word of caution: Only 8 years of data is available for shares of HRVSF, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Harvest Health & Recreation Inc is a vertically integrated cannabis company. Its segment include the production and sale of cannabis with three business areas including cultivation, processing, and retail dispensaries. Cultivation harvest grows cannabis in outdoor, indoor, and greenhouse facilities. Processing harvest converts cannabis biomass into formulated oil using a variety of proprietary extraction techniques. Retail dispensaries harvest operates and provides services to retail dispensaries that sell proprietary and third-party cannabis products to patients and customers. It has expanded throughout Arizona, California, Florida, Maryland, North Dakota and Pennsylvania.

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