Cannabis IPO Alert: Harborside Set to Trade on Monday

Greetings Friends,

I see an exciting new cannabis IPO I want everyone to know about.

Harborside (HBOR) is set to begin trading on the Canadian Securities Exchange on Monday.

Harborside Announces Filing of Listing Statement and Timing for Trading on the Canadian Securities Exchange under the Ticker Symbol “HBOR”

Here’s a quick run down on the company and why this should be an exciting IPO.

Harborside is a major player in the California cannabis industry – it owns and operates dispensaries. It does not grow cannabis, it procures cannabis products from suppliers.

  • Harborside has been around since 2006 and was one of the first six companies in the state to get a license to sell medical.

From there the company has flourished.

  • Today Harborside owns 34 dispensary licenses.
  • Over 300,000 registered customers.
  • Reported revenue of $400 million CAD since inception.

Harborside also claims to own 3% of the market in California, the single largest cannabis market in the world.

This looks like an exciting new cannabis IPO. I will be following closely and sharing updates.

ABOUT THE AUTHOR

Michael Vodicka

Michael Vodicka is the president and founder of the Vodicka Group Inc., a licensed investment advisor (Series 65) and a financial journalist.