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Harborside Achieves $10.3M In Cost Savings Via Acquisitions Synergies, Fires Many Executives
Tuesday, May 31, 2022 - 10:00am | 826Harborside Inc. (OTCQX: HBORF) (CSE:HBOR) provided details of the integration of its operations with those of the three companies acquired by the company since the third quarter of last year. On July 2, 2021, the company acquired Sublimation Inc., which was followed by the acquisition of UL...
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Harborside Q1 Revenue Shows Solid Growth Of 38.8%, What About Adjusted EBITDA?
Friday, May 27, 2022 - 10:24am | 572Harborside Inc. (OTCQX: HBORF) (CSE:HBOR) released its financial results for the three months ended March 31, 2022, revealing YoY net revenue increased 38.8% to $17.2 million. The Q1 2022 financial results encompass a period reflecting only one month of contribution from UL Holdings Inc. ("...
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Harborside Acquires Full Ownership Of Seaside Cannabis Store
Thursday, May 19, 2022 - 8:24am | 476Harborside Inc. (OTCQX: HBORF) (CSE:HBOR) reached an agreement on May 18 to acquire a further 50% ownership interest in its Seaside, California store. The acquisition will result in the company owning all of the issued and outstanding securities of 680 Broadway Master, LLC, which owns the...
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Harborside Opens 2 New Cannabis Retail Stores, Provides Pro Forma Sales Information
Wednesday, May 11, 2022 - 2:19pm | 510Harborside Inc. (OTCQX: HBORF) (CSE:HBOR) opened two new retail stores in California, bringing its total retail shop count to 13. In addition, the company has provided 2021 pro forma sales information. Retail Store Openings The company opened a new Harborside-branded store in San Francisco and...
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Harborside Converts $5.87M Promissory Note To Equity
Monday, May 2, 2022 - 10:37am | 417Harborside Inc. (OTCQX: HBORF) (CSE: HBOR) announced that a promissory note in the amount of $6.23 million, which includes principal, interest and fees, has been repaid by: a cash payment in the amount of $358,541.10 and the issuance of $5.87 million worth of subordinate voting shares of Harborside...
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EXCLUSIVE: Pelorus Equity Group Completes $77.3M Debt Financing With Harborside
Monday, April 11, 2022 - 6:30am | 798Pelorus Equity Group a company that provides real estate loans for cannabis businesses has completed the second and final tranche of its previously announced $77.3 million non-dilutive real estate debt financing with Harborside Inc. (CSE: HBOR) (OTCQX: HBORF). The...
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Cannabis Merger: Harborside Acquires Loudpack, Forming One Of Largest Marijuana Companies In California
Tuesday, April 5, 2022 - 9:13am | 463Harborside Inc. (OTCQX: HBORF) has completed its previously announced acquisition of Loudpack, LPF JV Corporation, California’s leading manufacturer, cultivator and distributor of award-winning cannabis brands. This acquisition follows Harborside's acquisition of Urbn Leaf on March...
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Harborside Acquires Urbn Leaf And Appoints Ed Schmults As CEO
Wednesday, March 2, 2022 - 9:30am | 418Harborside Inc. (CSE:HBOR) (OTCQX: HBORF) completed the previously announced acquisition of California cannabis retailer UL Holdings Inc.. Under the deal, Harborside acquired 100% of the equity interests of Urbn Leaf through the issuance of 60 million subordinate voting shares, and the...
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Harborside To Buy Urbn Leaf And Loudpack, Creating 'Biggest Cannabis Platform In CA' - StateHouse Holdings
Tuesday, November 30, 2021 - 9:35am | 626Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) confirmed Monday it will buy UL Holdings Inc. ("Urbn Leaf"), a top California cannabis retailer and LPF JV Corporation ("Loudpack"), the company behind several award-winning cannabis brands in California. Upon completing the...
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From Medical CBD To Cannavore Edibles: 6 Cannabis Companies Make Investment Pitches
Saturday, October 26, 2019 - 5:22pm | 968Cannabis executives delivered their elevator pitches this week at the Benzinga Cannabis Capital Conference in Chicago. Zynerba: Big 2020 Expected For Zygel The first half of 2020 will be crucial for Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE). The company is set to announce results from two...