Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Aye, IIROC didn't say much about it either.
What was it halted for today?
CEO and President from other companies and joining BoD. Looks more like a merger or subtle takeover than an acquisition? Either way, moving forward and gaining assets. Good signs.
You'd need a 1lb reese cup just to manage.
MJ market in Canada and US could use a boost of good news/legislation from the US
Same. Enough to be interesting.
Will the new board members provide contacts that will result in a pilot plant start up??
I'm hoping!
It's been a rough trend down this year, pretty much back to where we were when he joined as CEO in 2020.
What's your annual revenue target?
I hear that, can't cling to the past! It's been good for a few cycles of rinse and repeat for profit for me already.
The tech itself is good too.
CEO is from AU right?
An Honours BSc graduate in Geology from the University of Melbourne, a Fellow of the Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists, Mr. Saxon has also received a Graduate Diploma of Applied Finance and Investment through the Financial Services Institute of Australasia.
I love stats! They can tell you any story you want to tell. You have all the numbers verified? Give us the full break down.
What was the volume between $8 and $9? How many between $7 and $8? How many between $4 and $7? How many between $1.98 and $2.10?
Do we rise and fall with the index now?
Would be a clearer path for revenue and growth.
From their 2020 year end.
Cash consists of $1,528,686 (March 31, 2020 - $138,104) available in the bank accounts of the
Company at December 31, 2020.
Looked more like a promo than an attempted fact post imo.
Sigmas tech will be needed long into the future.
I do like that they keep this steady growth pace. Eventually share price will catch up.
Nice! Too early for a Martini?
I'm not sure about the other guy, but if so, you two have that in common!
You haven’t been right about any potential out come. Except in 2020 hindsight and then your often provide the wrong interpretation of the outcome.
RWBYF seems to take some good calculated steps.
I remember the Aurora and Canopy(Tweed) plays back in 2013/2014 They could do nothing but print shares. Had to sit on it for so long to see it rebound.
Found this, good read on the market and RWBYF
https://www.networknewswire.com/a-lesson-in-cannabis-second-mover-can-be-better-position/
The closer they get to getting their processing facility running the better. It moves hard on volume.
My bullish stance on a weak US dollar would make me think that more expensive imports of REE would make processing locally more attractive.
I was also coupling the thought of infrastructure plan money finding it's way to developing these types of long term strategic resources.
Bearish may be that with weak dollar liquidity moves from this sector to easier plays over the next few months
If the US gets serious about local or friendly sourced REE this process should be helpful for years to come.
OtcMarkets has different numbers.
Best to go off what the company discloses to verify.
Looks good.
Has been tricky to track along with what ETH/BTC has been doing.
Yep, I was bid support around there.
Huge potential.
Standard tech dev process then. Military has bleeding edge then let it out to commercialization to recoup costs.
Makes me thirst for a Martini.
Great entertainment for others.
I like this tech.
He's been doing it for years, sad really.
KODK paying off.
Looks like they have a bunch to get to when the country opens up more. Should be trending up through the summer.
I thought the call was PPS was worth $2 for the last months and months right?
Maybe it's broken clock technique, where maybe it'll be $2 again one day after numerous profitable trading cycles.
I like this tech.
I'm on board with that.
Ya there's more room to run. Have to wait until after Claytraders short crew swings through.
Man why didn't it hit that $2 buy call I heard about months ago for months?
Not sure! Was away, hopefully snippets pop up online soon.
Ya must have been my bad to think an expert opinion like $2 wouldn't have hit. I'm pleased with what this has done in the recent past personally. $9 was nice and very profitable, I like the tech and support the bid.
If the whole market tanks who knows what the $ would be, but I'm not sure how that would fit into a $2 FUD pushers narrative then, unless they want to buy up their shorts? who knows!?
Must have been! I mean I saw the $2 call sometime early this year I seem to recall. I didn't know it hit $2 4 times since then
Do you mean to say that $2 has been the target for over a year?
Still in, still bullish.
Checking in and wouldn't ya know those $2 buys never filled! What's the deal? I had based everything off that expertly arrived at number!
I like this tech, it will do well long term.
He pretty much exit scammed LTC when he bailed and sold his coins lol.
But whatever, he's a big name and hopefully brings eyes and wallets to BTCS!
Should be a year of strength on their balance sheet if Revs keep rolling up.
Another?
OAKLAND, Calif., March 23, 2021 /PRNewswire/ - Harborside Inc. ("Harborside" or the "Company") (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today announced it has entered into a loan financing arrangement with a commercial federally regulated bank (the "Bank"), in the amount of US$12 million (the "Loan") pursuant to a senior secured revolving credit facility (the "Credit Facility") due March 2024.
Harborside expects to use the majority of the Loan proceeds to support the purchase of the Company's 47-acre production campus later this year, which includes 200,000 sq. ft. of licensed cultivation space, including 155,000 sq. ft. of flower canopy space and 45,000 sq. ft. of nursery space in Salinas, California.
"To the best of our knowledge, Harborside is the first cannabis business in the United States to secure a commercial loan of this kind with a traditional lender," said Tom DiGiovanni, Chief Financial Officer of Harborside. "This deal is the culmination of months of effort and reflects the close working relationship and trust that we have developed with our bank. By significantly lowering our cost of capital, we will be able to better serve our customers, provide high-quality products and invest more heavily throughout California."
"We are thrilled to solidify our relationship with our bank as they help support our efforts and growth throughout the state of California," said Matthew Hawkins, Chairman of Harborside. "This Loan is a significant milestone for the entire U.S. cannabis industry and testament to the work that Harborside has done over the last four quarters in an effort to deliver for our customers and shareholders."
Loan Terms
The Credit Facility has a variable interest rate based on the prime rate charged by the Bank plus a premium, with a floor rate of 5.75%, and will be secured by a first-priority security interest on substantially all of the Company's assets. As consideration for the Credit Facility, the Company has agreed to, among other things: (i) deliver a commercial security agreement, an assignment of deposit account, and a security agreement in respect of cash collateral to the Bank; (ii) make an upfront cash payment based on the principal amount of the Credit Facility to the Bank as an original issue discount; and (iii) issue 4,100 warrants (the "Warrants") to the Bank to purchase multiple voting shares ("MVS") of the Company, which subject to certain conditions, are convertible into subordinate voting shares ("SVS") of the Company at a conversion rate of 100 SVS for each MVS converted. Each Warrant will entitle the Bank to purchase one MVS of the Company at a price of C$369, at any time prior to March 19, 2023.