Post by
HBORZILLA on Jul 12, 2021 4:38pm
HBOR: Revenues Up 34% From Q3
As of July, Harborside's latest acquisition "Sublime" is now on the books. It's stated that revenues at Sublime for 2021 will be 24 million and the guidance for Harborside is 68 to 72 million. 24 over 70 is 34%. Sublime's revenues though will only apply towards Q3 and Q4 of this year.
The increase of 34% does not take in consideration the increased revenues from their grow facility in Salinas where they just finished upgrades and stated an increase of 50% in flower yield.
Also, although more clarity would be nice, there's the impact of our new partnership with "Loudpack".