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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

Post by hockeytownon Apr 30, 2019 9:10pm
172 Views
Post# 29692231

News

News

 

Lineage receives conditional CSE OK for RTO by FLRish

 

2019-04-30 19:41 ET - News Release

 

Mr. Peter Bilodeau reports

LINEAGE RECEIVES CSE CONDITIONAL APPROVAL, FILES LISTING STATEMENT AND AMENDMENT TO SHAREHOLDER MEETING CIRCULAR

Lineage Grow Company Ltd. has received conditional approval from the Canadian Securities Exchange for the proposed business combination that will result in a reverse takeover (RTO) of the company by FLRish Inc. and the listing for trading of the subordinate voting shares of the resulting issuer to be renamed Harborside Inc. (the resulting issuer) on the Canadian Securities Exchange. Listing of the Resulting Issuer securities will be subject to satisfaction of all conditions of the CSE, including completion of any and all outstanding CSE application documentation and payment of fees pursuant to the Policies, completion of the Business Combination, filing an updated final listing statement, and no material adverse changes reflected in the final listing statement from the draft listing statement.

Lineage also announced that it filed an amendment to its notice of meeting and management information circular dated April 9, 2019 (the "Circular") for its special shareholder meeting scheduled to be held on May 16, 2019 (the "Meeting"), which was called to approve matters relating to the Business Combination. The amendment to the Circular includes a draft CSE Form 2A {A –} Listing Statement which provides detailed disclosure on the Business Combination, FLRish, Lineage and the Resulting Issuer.

Except as described above, the Circular remains unchanged from the version that was filed on SEDAR and posted on the Company's website. The amendment to the Circular, including the Listing Statement, will also be available on SEDAR and on the Company's website.

Shareholders are strongly urged to review the Listing Statement carefully before voting at the Meeting.

About Lineage Grow Company Ltd.

Lineage Grow Company Ltd. is a reporting issuer that is listed on the Canadian Securities Exchange ("CSE"). Lineage is currently focused on operating two retail licensed stores located in two prominent cities in Oregon (Portland and Eugene), and on assembling licensed operators with good growth potential and superior management, either through direct acquisition or through joint ventures, with an aim towards building a dominant vertically-integrated cannabis business that leverages best-in-class cultivation, brands, distribution, and retail assets. Lineage has entered into a purchase agreement with Agris Farms and a binding letter of intent to acquire LUX. In addition, Lineage and Harborside have entered into a binding letter agreement pursuant to which Lineage will acquiring all the issued and outstanding securities of Harborside in a reverse takeover transaction.

We seek Safe Harbor.

 
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