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Carbone's Waterside in Henderson to hold grand opening in May | Business

HENDERSON â The restaurant formerly known as Capraraâs Waterside Bar & Grill, 13471 County Route 123 in Henderson Harbor, is now Carboneâs Waterside after coming under new ownership.
According to a deed filed March 23 at the Jefferson County Clerkâs Office, Steveâs Harbor Inc., Watertown, whose principal is Steven J. Carbone, purchased the restaurant property for $450,000 from TLC Henderson Holdings LLC, Dexter, whose principal is William F. Caprara.
âMy first time working in a restaurant was back in 1979 at The Partridgeberry Inn in Black River, then in Alex Bay with Cavallarioâs,â Mr. Carbone wrote in a Facebook post. âIt was then that I realized I wanted to own my own summer restaurant. The day has finally arrived and my dream is becoming reality.â ....

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The Week In Cannabis: PA, MD, Big Tobacco, GTI, Sundial, MedMen, Earnings, Financings And More

Cannabis stocks traded mostly in the green this week, as we got into earnings season.
“While there were a lot of companies reporting earnings, like Turning Point Brands who gave guidance of $422 million for 2021, I thought the biggest piece of data came from Pennsylvania
,” Debra Borchardt, editor-in-chief of Green Market Report, told Benzinga. “The state reported that in one year it had sold over $900 million in medical marijuana. This demonstrates the demand for cannabis in this state and bodes well for any future adult-use legalization. This is also a big number when one considers that the program has only just gotten underway.” ....

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Harborside Reports Full-Year 2020, Q4 Results: What Cannabis Stock Investors Need To Know

Vertically integrated cannabis company
Harborside Inc (CSE:HBOR) (OTCQX:HBORF) reported Monday that gross revenue grew by 29.4% year-over-year to roughly $63.4 million in fiscal 2020.
Adjusted EBITDA came in positive, at $7.4 million for the same period, compared to an $8.9 million loss in 2019.
The Oakland, California-based company also revealed it generated $13.1 million in revenue in the fourth quarter and an adjusted EBITDA gain of $700,000.
Matt Hawkins, chairman of Harborside, called 2020 a turning point year for the company.
We re thrilled with the progress we have made and excited for the year ahead, he added.
Full-Year Financial Highlights
Total net revenue hit approximately $60 million, up by 28% year-over-year. ....

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Best Marijuana Stocks To Invest in Right Now? 2 With Potential Upside

Harborside Inc. (OTC: HBORF)Ayr Wellness Inc.
Currently, Ayr Wellness Inc. is one of the fastest-growing multistate cannabis operators in the U.S. market. With its focus on delivering the highest quality cannabis products through its rapidly expanding footprint, the company continues making significant acquisitions in key states. In April Ayr opened 2 more dispensaries in Florida giving it 33 in the state and a total of 49 stores across 7 states. It now has the 4th largest footprint in Florida and continues its expansion into other markets.
In the companyâs fourth-quarter and full-year 2020 financial results revenue was up 48% year over year to $47.8 million. In addition, Q4 and full-year revenue were up 25% despite shutdowns in the second quarter. Most important Ayr provided an outlook for 2022 for investors which includes target revenues of $725 million and adjusted EBITDA of $325 million. On 4/20 Ayr celebrated by producing record sales. Specifically, the company d ....

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Looking For Top Marijuana Stocks As The Market Recovers? Here's 2 To Watch This Month

2 Marijuana Stocks To Watch As Trading In April Starts To Pick Up
Marijuana stocks in recent trading have slowly started to look better. On the early morning of April 15th, marijuana stocks started to reach better market levels. However, some stocks have dropped since then but overall cannabis stocks are looking like better trading is starting to happen. Now the question becomes will these marijuana stocks be able to sustain this upward momentum. Right now some investors are taking advantage of the dip in the sector.
For instance, because of how low some marijuana stocks are trading investors have been able to purchase shares at lower prices. If cannabis stocks can at least recover to February highs or near it it will help shareholders see a nice return. The cannabis industry as a whole is growing at a fast pace especially on the U.S. side of the market. In a recent poll, 60 percent of the U.S. now stands in favor of cannabis, which can have great influence when it comes t ....

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