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December 22, 2020 at 6:58 am Published by NCV Newswire
Columbia Care Signs Definitive Agreement to Acquire Green Leaf Medical
Positions Company as One of the Leading Cultivators, Processors, Wholesaling Suppliers and Retailers in Pennsylvania, Maryland, Virginia, and Ohio
Company management will conduct a conference call this morning at 8 AM EST to discuss the transaction and answer questions from stakeholders.
Substantially Expands Footprint and Operating Scale in East Coast and Mid-Atlantic
Adds Approximately 400,000 ft² of Cultivation and Production Capacity, Four Operating Dispensaries and Six Undeveloped, but Permitted Dispensaries, in Key Limited License Markets
Brings Vertical Integration in PA and MD and Immediately Positions Columbia Care as a Leading Wholesaler
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Expands Footprint with Social Equity Dispensary in Historic Haight-Ashbury District
OAKLAND, CA and TORONTO, Dec. 21, 2020 /PRNewswire/ - Harborside Inc. ( Harborside , or the Company ) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announces the closing of the transactions contemplated by the previously announced agreement to acquire 50.1% of the equity (the Shares ) of FGW Haight, Inc. ( FGW ), a California corporation which has the conditional use approval necessary to operate a cannabis dispensary and related businesses in the Haight Ashbury area of San Francisco, California (the Acquisition ).
With the completion of the Acquisition, Harborside expands its retail dispensary footprint in the state of California to five and solidifies a strong presence in the historic and culturally-significant Haight-Ashbury district of San Francisco. The Company expects to complete the build-out, receive all necessary reg