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Bullboard - Stock Discussion Forum Harborside Inc. 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 Discussion

Harborside Inc. > Finacials
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Post by Forgetboutit on Feb 28, 2019 11:39am

Finacials

Because all companies in the states are all cash business, do you think Harborside really shows all their income and be in such a high tax bracket? A lot of these guys were underground for decades and know how to move cash around. My theory is they showed a high revenue in 2017 of 50 million but was probably more. Going forward I think they will show their true rev’s to be higher. Thoughts?
Comment by mmjgaadzilla on Feb 28, 2019 4:51pm
This post has been removed in accordance with Community Policy
Comment by 20dollarsilver on Feb 28, 2019 5:00pm
hopefully this is trading in 2020 and we will find out in 2021 or 2022 how successful harborside is. remember that if you had 840,000 shares you will have 20,000 when it resumes. hard to put a positive spin on those numbers.
Comment by Forgetboutit on Mar 01, 2019 10:20am
I guess they could have cooked the books with 10 or 20 million cash but that would be anti productive.