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Harborside Inc. C.BUDD


Primary Symbol: HBORF

Harborside Inc is a United States based cannabis retailer. The company manages and operates four retail dispensaries in California, one retail dispensary in Oregon, a cultivation/production facility in Salinas, California and also assists state-licensed operators engaged in the cultivation, manufacture, and distribution of cannabis throughout the United States.


OTCQX:HBORF - Post by User

Comment by upinzmokeon Aug 15, 2018 10:21am
118 Views
Post# 28464084

RE:RE:RE:RE:Existing Deals

RE:RE:RE:RE:Existing Deals Harbourside will be running the company when the transaction is completed. Peter Bilodeau will become chairman of the board of directors. In the transaction announcement it states that Budds previous announced acquisitions are pending until after the closing of the "transaction Harborside intends to complete a convertible debenture financing (Convertible Debenture Financing) prior to the closing of the Transaction, for gross proceeds of CAD $20 million. The funds raised will be used for capital expenditures at Harborsides cultivation campus in Salinas, CA, development of Harborsides retail management services business segment, general corporate expenses, working capital, and a loan to Lineage to assist with completion of its previously announced acquisitions pending closing of this Transaction. Lots of expansion in the works..
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