OTCQX:HBORF - Post by User
Post by
Betteryear2on Feb 10, 2022 6:09pm
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Post# 34418458
Closing of First Tranche of Pelorus Debt Financing
Closing of First Tranche of Pelorus Debt Financing OAKLAND, Calif. and TORONTO, Feb. 10, 2022 /PRNewswire/ - Harborside Inc. ("Harborside", or the "Company") (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first tranche of its previously announced US$77.3 million debt financing (the "Roll Up Financing") with Pelorus Equity Group ("Pelorus") and to provide a business update, including with respect to the proposed acquisitions of UL Holdings Inc. ("Urbn Leaf") and LPF JV Corporation ("Loudpack") to form StateHouse Holdings ("StateHouse").