Tag: Harborside
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![Harborside (HBOR.C) finishes improvements on Salinas cannabis production facility]()
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) receives approval for retail sales at San Leandro dispensary]()
Harborside (HBOR.C) receives approval for retail sales at San Leandro dispensary
Harborside (HBOR.C) announced it has received approval from the California Bureau of Cannabis Control to begin retail sales at San Leandro Wellness Solutions (SLWS) dispensary. This approval allows them to move forward with their previously announced plans for SLWS, when they decided to transition from a medical use to an adult-use dispensary. As they previously…
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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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![Harborside (HBOR.C) invests $5-million in Loudpack – a CA cultivator with a deep portfolio of branded products]()
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]()
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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![Harborside (HBOR.C) buys another California dispensary]()
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]()
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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![Harborside (HBOR.C) upgrades California grow-op, launches clone sales, pushes rev. projections higher]()
Harborside (HBOR.C) upgrades California grow-op, launches clone sales, pushes rev. projections higher
The company’s in-house brand, Harborside Farms will begin sales of clones grown at its Salinas facility at all Harborside branded locations, including Desert Hot Springs.
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Harborside (HBOR.C) adds to San Francisco dispensary portfolio
On October 19, 2020 Harborside (HBOR.C) announced that it has reached a definitive agreement to acquire 50.1% of FGW Haight – a California co. that has the “conditional-use approval” to operate a cannabis dispensary and related businesses in the iconic Haight Ashbury area of San Francisco, Calif.
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Harborside (HBOR.C) – a U.S.-based cash-generating community-minded cannabis business
Last quarter’s gross revenue was 73% of the company’s current market cap.
