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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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Steve DeAngelo Has A Vision For Global Cannabis Legalization

Steve DeAngelo Has A Vision For Global Cannabis Legalization
cannabisculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cannabisculture.com Daily Mail and Mail on Sunday newspapers.

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Freedom, Representation, And Reform In Cannabis

Freedom, Representation, And Reform In Cannabis
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Does 4/20 Still Matter?

Does 4/20 Still Matter?
Zoe Wilder
In Mexico, native healers known as the curanderos used cannabis, or
pipiltzintzintli, in their practice to treat a variety of conditions. The shamans believed there was a correlation between medicinal plants and divine spirits, a notion that didn’t sit well with the Spanish church. “Towards the end of the 17th Century, the Catholic Church caught wind of this and banned cannabis, spreading rumors that people who used it were in communion with the devil and would go crazy,” says Steve DeAngelo, one of the world’s leading cannabis activists and founder of California’s Harborside Health Center. ....

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Steve DeAngelo on Cannabis Legalization and Building a Better Industry

Rolling Stone
Steve DeAngelo, the ‘Father of Legal Cannabis,’ on What’s Next for the Movement
The pioneering activist talks Biden, Congress, and how to build a more inclusive industry
By
Steve DeAngelo has been doing this for a long time.
The man affectionately known as the “father of the legal cannabis industry,” a distinction given by former San Francisco Mayor Willie Brown, began advocating for legalization all the way back in the 1970s. Little did he know then that the following decade Ronald Reagan would hamstring the movement by demonizing the plant and using it as a pretext to lock up hundreds of thousands of people of color. The tide began to turn in the late 1990s, after medical cannabis was legalized in California. That’s where, in 2006, DeAngelo founded Harborside, a pioneering dispensary, and, a year later, Steep Hill Lab, the nation’s first commercial cannabis testing lab. His latest venture is the Last Prisoner Project, a g ....

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