Harborside Inc. HBORF

Latest Investor Update August 8 , 2018

[upinzmoke]

June and July were busy months for the Lineage team. We've made major updates to our website and marketing materials, been working on a number of strategic partnerships and acquisitions across the United States, and added to our corporate governance team.

Some key developments:

• Lineage Hires Top Cannabis Retail Executive
• Agreement to Acquire Licensed Producer, Agris Farms
• Vision for Growth and Corporate Update
• Announcement of $10M Convertible Debenture Offering
• Updated Website and Investor Communications Plan
• ARTICLE: What is the investor value in Craft Cannabis?

 

Download our Updated Investor Deck
We've given our investor deck a major update to match our new website. 
Download our updated corporate profile which includes an overview of our vision, strategy, operations strategy, potential acquisitions, management team, and more. 

Click here to download our newly updated Investor Deck

Lineage Hires Top Cannabis Retail Executive
Lineage was pleased to announce the appointment of Steve Peterson, a top cannabis retail executive with extensive dispensary management experience, to the role of VP, Retail. Peterson’s hiring comes at a time when Lineage is looking to expand its retail footprint in North America. Read more about our recent hire here.


Agreement to Acquire Licensed Producer, Agris Farms
The company entered into an agreement to acquire California-based producer, Agris Farms. Agris Farms operates a premium quality craft cannabis cultivation facility in Northern California. Currently, Agris Farms operates a fully-licensed and fully-operational 40,500 square foot greenhouse facility and a 3,000 square foot craft-style indoor facility in Yolo County, California. Read more about Agris Farms here.


Vision for Growth and Corporate Update
Lineage released an update regarding the Company’s recent M&A initiatives and to layout the framework, for investors, of its vision for corporate growth. The U.S cannabis market is ripe with opportunity for an aggressive roll-up strategy. The market remains fragmented with many fast-growing but undercapitalized companies seeking value-added financial partners. Read the full statement here.


Announcement of $10M Convertible Debenture Offering
The company announced that it is undertaking a non-brokered private placement offering. Lineage will issue up to CAD $10,000,000 aggregate principal amount of convertible debenture units at a price of $100 per Convertible Debenture Unit. More about the $10M offering here.


Updated Website and Investor Communications Plan
Entering the last half of 2018, we've made some moves to update our investor communications plan. You can expect monthly newsletters, additional website content via interviews and videos, and routinely updated social media channels (Twitter, Facebook, Instagram, LinkedIn). Check out our updated website here.

ARTICLE: What is the Investor Value in Craft Cannabis?
Just because it’s cannabis, doesn’t mean it’s always high-grade stuff. Enter: craft cannabis. Similar to the beer and spirits industry, craft cannabis is rising in popularity and in respect within the cannabis industry for its unique outlook on cultivation, production, and retail. Read the latest feature in full.

Stay tuned for our next newsletter - until then, connect with us on Twitter, Facebook, Instagram, and LinkedIn to never miss another update.

Best,

Peter Bilodeau, CEO

Lineage Grow Company Ltd.