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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OTCQX:HBORF - Post Discussion

Harborside Inc. > HBOR: Rool Up Financing

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Post by Flagshipzilla on Feb 10, 2022 6:43pm

HBOR: Rool Up Financing

Here's the N/R:

https://stockhouse.com/news/press-releases/2022/02/10/harborside-inc-announces-closing-of-first-tranche-of-pelorus-debt-financing-and

There's also another financing for 10 million going through.

I spoke to the CEO "Matt Hawkins" a couple months a go. The funds are being used to pay down most of the dept for all the companies participating in the merger. Post merger, "StateHouse" the new company will still have 30 to 35 million in the coffers. Enough to grow from 250 million to 400 million should they choose to. Insiders will now own around arounf 65 to 70% of outstanding shares up from 50% as it is now.

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