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. Announces Results of Annual General Meeting

OAKLAND, Calif. and TORONTO, Nov. 25, 2020 /PRNewswire/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announced today that the nominees set forth in the Company’s Management Information Circular dated October 26, 2020, Mr. Matthew Hawkins, Mr. Kevin Albert, Mr. Michael Dacks, Mr. Peter Kampian, Mr. Alexander Norman, Mr. James Scott, and Mr. Andrew Sturner, were elected as directors of the […]

Harborside Inc. Reports Third Quarter 2020 Financial Results

Generates 21.2% Sequential Revenue Growth, with Record Gross Revenues of $19.6 Million and Continued Positive Adjusted EBITDA (1) of $4.5 million Reports Strong Combined Gross Margin of 54.7% (1) Driven by Improved Harvest Yields and Higher Wholesale Volumes Expects Full Year Gross Revenues of Approximately $61 Million – $63 Million with Adjusted EBITDA of 8-10% (1)(2) OAKLAND, CA and TORONTO, Nov. 18, 2020 /PRNewswire/ – Harborside Inc. (“Harborside” or the “Company”) (CSE: […]

Harborside Inc. To Report Third Quarter 2020 Financial Results on November 17, 2020

OAKLAND, Calif. and TORONTO, Nov. 12, 2020 /CNW/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announced today that it will report its results for its third quarter ending September 30, 2020 (“Q3 2020”) on Tuesday, November 17, 2020. For the latest news, activities, and media coverage, please visit the Harborside corporate website athttp://www.investharborside.com or connect with […]

Harborside Inc. Receives DTC Eligibility

OAKLAND, Calif. and TORONTO, Nov. 3, 2020 /CNW/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, today announced it has received approval for Depository Trade Clearance (DTC) settlement services. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded […]

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, […]

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 a […]

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 by […]