Category: Growing
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Harborside (HBOR.C) finishes improvements on Salinas cannabis production facility
Harborside (HBOR.C) announced they have completed substantial improvements on their Salinas production facility. Their facility, located in Salinas, California, is a 47-acre integrated production campus, and the upgrades being announced are to their 45,000 square foot greenhouse. The upgrades included, among other things, the installation of blackout curtains, supplemental LED grow lights, and the incorporation…
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Harborside (HBOR.C) books 2020 revenues of $63 million – 130% of its market cap
Harborside’s full year 2020 gross revenues expanded 29% year-over-year to $63.4 million.
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Canopy Growth Corp (WEED.T) makes $435m offer for Supreme Cannabis (FIRE.T)
In the annals of history, the concept of ‘win/win’ will be looked back on by future folk to be properly defined by today’s news Canopy Growth Corp (WEED.T) is making an offer for Supreme Cannabis (FIRE.T) at a $435m valuation. Admittedly, it’s not a win for those long underwater on FIRE stock, but acquisitions aren’t…
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Verano (VRNO.C): how a garbage-can of Arkansas flower led to racketeering charges against a $3 billion company
“Verano Holdings (VRNO.C), a Chicago weed firm worth roughly $3 billion, was sued Monday in federal court as part of a sweeping racketeering [RICO] complaint that accuses the company of illegally trafficking marijuana from Illinois to Arkansas,” declared the Chicago Sun Times on March 8, 2021.”
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Harborside (HBOR.C) invests $5-million in Loudpack – a CA cultivator with a deep portfolio of branded products
Loudpack is a California cannabis company with “a broad cultivation, manufacturing, processing, and distribution footprint and a strong portfolio of brands”.
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Harborside (HBOR.C) raises $20 million, narrows focus on California, projects 2021 cannabis revenues equal to its current market cap
The January 20, 2021 press release declared that HBOR is “expecting gross revenues in line with previously issued guidance of approximately $61 – 63 million, and positive EBITDA”.
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Heritage Cannabis (CANN.C) launches new consumer product as global cannabis stocks rally 61% in Q4, 2020
CANN focuses on extraction and the creation of derivative products for recreational and medical consumers.
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Harborside (HBOR.C) buys another California dispensary
With HBOR’s track record of revenue-growth-per-location, the addition of FGW is likely to accelerate revenue growth.
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Harborside (HBOR.C) reports good Q3, 2020 financial results
During Q3 2020, Harborside generated total gross revenues of approximately $19.6 million, representing a 21.2% sequential growth over Q2, 2020
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Isracann (IPOT.C) stock moves after Israel eye-balls legal rec weed
Five days ago, the embattled Israeli government announced “a road map to legalize cannabis within one year” creating a regulated market for adult-use marijuana.