Bullboard - Stock Discussion Forum Harborside Inc. HBORF

Healthcare Cannabis

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.

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Harborside Inc. > Closing of First Tranche of Pelorus Debt Financing

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Post by Betteryear2 on Feb 10, 2022 6:09pm

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").