Harborside Inc. to Announces Stock Option Grants

Harborsidestockoption

<br /> Harborside Inc. to Announces Stock Option Grants<br />

PR Newswire


OAKLAND, CA

and

TORONTO, ON

,

Oct. 1, 2020

/PRNewswire/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR), (OTCQX: HSDEF), a

California

-focused, vertically-integrated cannabis enterprise, today announced that it has granted options (each, an “Option”) to purchase an aggregate of up to 300,000 subordinate voting shares of the Company (the “SVS”) to certain consultants of the Company as partial consideration for digital marketing, promotions and brand messaging services. Each Option is exercisable into one SVS in the capital of the Company at an exercise price per SVS equal to the greater of: (i)

$1.02

(the closing price of the SVS on

September 29, 2020

); (ii)

$1.07

(the closing price of the SVS on

September 30, 2020

); and (iii) the closing price of the SVS on

October 1, 2020

. The Options expire on

September 30, 2021

. The Options vest immediately, and are granted in accordance with Harborside’s equity incentive plan adopted by the board of directors of the Company on

June 30, 2020

(the “Plan”). A copy of the Plan is available under the Company’s SEDAR profile at

www.sedar.com

.

Logo: Harborside (CNW Group/Harborside Inc.)


For the latest news, activities, and media coverage, please visit the Harborside corporate website at

Harborside Inc. | A leading California cannabis company with retail, production, and cultivation operations.


or connect with us on

LinkedIn


,

Facebook


, and

Twitter


.


About Harborside:


Harborside Inc. is one of the oldest and most respected cannabis retailers in

California

, operating three of the major dispensaries in the

San Francisco Bay Area

, a dispensary in the

Palm Springs

area outfitted with

Southern California’s

only cannabis drive-thru window, a dispensary in

Oregon

and a cultivation/production facility in

Salinas, California

. Harborside has played an instrumental role in making cannabis safe and accessible to a broad and diverse community of

California

consumers. Co-founded by

Steve DeAngelo

and dress wedding in 2006, Harborside was awarded one of the first six medical cannabis licenses granted in

the United States

and today holds cannabis licenses for retail, distribution, cultivation, nursery and manufacturing. Harborside is currently a publicly listed company on the CSE trading under the ticker symbol “HBOR”. Additional information regarding Harborside is available under Harborside’s SEDAR profile at

www.sedar.com


.


The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cision
View original content to download multimedia:

http://www.prnewswire.com/news-releases/harborside-inc-to-announces-stock-option-grants-301143969.html

SOURCE Harborside Inc.

If You Liked This Article Click To Share

.mobile_tx{display: none;}
#ax1x{
font-size: 1.1em;
font-weight: bold;
line-height: 1.5;
clear:both;
margin: 0px 0px 20px 1% !important;
min-height: 4.5em;
text-transform: uppercase;
padding: .25em 0 10px 0;
position: relative;
width: 98%;
float: left;
}
.next-pg {
height: 85px !important;
width: 100%;
border-top-left-radius: 3px;
border-bottom-left-radius: 3px;
background-color: #e5192c ;
background-image: url(‘/wp-content/themes/mh-magazine/images/global-after.png’) !important;
background-repeat: no-repeat;
background-position: right center;
background-size: auto 100%;
overflow: hidden;
box-sizing: border-box;
margin-bottom: 0px;
margin-top: 10px;
position: relative;
padding-left: 100px;
}
.next-pg::before {
width: 45px !important;
height: 85px !important;
display: block;
content: “”;
width: 32px;
height: 64px;
background-image: url(‘/wp-content/themes/mh-magazine/images/global-before.png’) !important;
background-repeat: no-repeat;
background-position: right center;
background-size: auto 100%;
position: absolute;
left: -4px;
top: 0px;
}
.action-txt {
text-transform: uppercase;
margin: 12px;
line-height: 61px;
text-align: left;
font-size: 36px;
background-repeat: no-repeat;
background-position: right center;
background-size: 26px 18px;
color: #FFF;
float: left;
font-weight: bold;
font-family: “Open Sans”,sans-serif !important;
width: 78%;
display: inline-block;
text-align: center;
}
@media (max-width: 768px){
.mobile_tx{display: block;}
.desktop_tx{display: none;}
.pps-slider-nav .pps-next {
text-align: center;
position: static;
padding: 5px 20px;
float: left;
width: 100%;
box-sizing: border-box;
}
.pps-next .next-article-page {
padding-left: 0;
float: left;
margin: 0;
}
.next-article-page .action-txt {
padding-left: 0!important;
text-align: center;
width: 87%;
box-sizing: border-box;
font-size: 26px;
background: 0 0;
text-align: center;
}
#ax1x {
padding: .25em 0!important;
min-height: 2.3em;
width: 100% !important;
margin: 0px !important;
margin-bottom: 15px !important;
padding-bottom: 0!important;
}
}
@media (max-width: 500px){
.next-article-page .action-txt{
width: 75%;
}
}

Latest posts