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Friday, 12/03/2021 10:10:40 AM

Friday, December 03, 2021 10:10:40 AM

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In connection with the Transactions, management has entered into a letter of intent with Pelorus Equity Group to complete the Real Estate Financing (as defined below) of US$77.3 million of non-dilutive real estate debt financing, which unlocks significant value from the StateHouse real estate portfolio and provides significant growth capital for the business. See "Concurrent Financing" below for further details.


https://www.prnewswire.com/news-releases/harborside-announces-business-combination-with-urbn-leaf-and-loudpack-creating-statehouse-holdings-a-leading-california-cannabis-company-301433467.html