Harborside Inc. (HBORF) Announces Increased Interest in Haight-Ashbury Dispensary

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Subject to regulatory approval from the City of San Francisco, the FGW Acquisition will increase the Company’s interest in FGW to 80%. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable United States federal money laundering legislation. Cautionary Note Regarding Forward-Looking Information This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian and United States securities legislation. There can be no assurance that the FGW Acquisition will be completed on the current terms or at all. Announces Increased Interest in Haight-Ashbury Dispensary Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, today announces the acquisition (the “FGW Acquisition”) of a further 29.9% interest in FGW Haight, Inc. (“FGW”), a company that has the conditional use approval necessary to operate a cannabis dispensary and related businesses located in San Francisco’s Haight-Ashbury district.

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Harborside Inc. Announces Increased Interest in Haight-Ashbury Dispensary

Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, today announces the acquisition (the “FGW Acquisition”) of a further 29.9% interest in FGW Haight, Inc. (“FGW”), a company that has the conditional use approval necessary to operate a cannabis dispensary and related businesses located in San Francisco’s Haight-Ashbury district.

Harborside is acquiring the increased interest in FGW through the execution of a securities purchase agreement (the “Agreement”), following...

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