Harborside

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HBOR Profile

  • Sector: Retail Trade
  • Industry: Drugstore Chains

Harborside, Inc. is one of the oldest cannabis retailers in the world, operating two of the major dispensaries in the San Francisco Bay Area. Harborside was awarded one of the first six medical cannabis licenses granted in the United States. In May 2019, Harborside completed a reverse takeover with Lineage Grow Company. The company was founded by Stephen Rowan DeAngelo and David Wedding Dress in 2006 and is headquartered in Oakland, CA.

Recent News

Harborside Inc. Reports Second Quarter 2020 Financial Results

Generates Gross Revenue of $16.1 Million and Continued Positive Adjusted EBITDA (1)  Reports Strong Combined Gross Margin of 49.8%(1) Driven by Improved Harvest Yields and Higher Wholesale Volumes Trading of the Company’s Shares Expected to Resume on or About September 2, 2020 Announces Strategic Review Focused on Maximizing Shareholder Value – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR), a California-focused,Continue reading “Harborside Inc. Reports Second Quarter 2020 Financial Results”

Harborside Inc. Announces Management Cease Trade Order and Temporary Cease Trade Order

 Reaffirms Fiscal 2019 and Q1 2020 Revenue and Adjusted EBITDA Expectations–     Fiscal 2019 Earnings Expected by July 10, 2020 OAKLAND, C.A. and TORONTO, June 8, 2020 /CNW/ – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR), a California-focused, vertically integrated cannabis enterprise, today announced an update to its previously disclosed application to the Ontario Securities Commission (the “OSC“) for aContinue reading “Harborside Inc. Announces Management Cease Trade Order and Temporary Cease Trade Order”

Harborside Inc. Announces Intent to Restate Certain Historical Financial Statements and Delay in Filing Annual Financial Statements and MD&A

Company to restate certain historical financials Reaffirms previously announced preliminary Fiscal 2019 and First Quarter 2020 Results Fiscal 2019 Earnings Expected by July 10, 2020 Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR), a California-focused, vertically integrated cannabis enterprise, has announced today that due primarily to changes in the application of accounting treatments related to certain transactions byContinue reading “Harborside Inc. Announces Intent to Restate Certain Historical Financial Statements and Delay in Filing Annual Financial Statements and MD&A”