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Harborside Announces Stock Option Grants
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OAKLAND, Calif. and TORONTO, ON, Dec. 24, 2020 /PRNewswire/ - Harborside Inc. ( Harborside , or the Company ) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announced today that it has granted options (each, an Option ) to purchase an aggregate of 840,000 subordinate voting shares of the Company ( SVS ) to certain directors of the Company. Each Option is exercisable into one SVS in the capital of the Company at an exercise price of $1.83 per SVS. The Options will expire five years from the date of grant and are subject to vesting conditions. All Options were granted in accordance with Harborside s equity incentive plan adopted by the board of directors of the Company on June 30, 2020 and approved by shareholders on November 24, 2020 (the Plan ). A copy of the Plan is available under the Company s SEDAR profile at www.sedar.com.
Cannabis and hemp company
Jushi Holdings Inc. (CSE:JUSH) (OTCQB:JUSHF) is cutting the ribbon on its second store in Sauget, Illinois.
This is the company s 13th store the Boca Raton, Florida-based company opted to open in the country and third in the Prairie State.
BEYOND / HELLO Route 3 located at 1401 Mississippi Ave, Suite 17 is scheduled to start serving customers on Tuesday, Dec. 22.
Jushi CEO and chairman Jim Cacioppo (pictured) noted that the newest dispensary located in the heart of Metro East s nightlife would meet robust consumer demand for high-quality cannabis products in the state.
As of Monday, the company had around $91 million in cash and short-term investments. In addition, its total debt amounted to $93 million, excluding leases and property, as well as plant and equipment financing obligations.
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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