Harborside Raises CA$35.1M Via Brokered Private Placement

Cannabis company Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) recently raised some CA$35.1 million (US$27.8 million) through a brokered private placement.

The Oakland, California-based company closed its previously announced upsized brokered private placement of its units at CA$2.55 per SVS Unit, issued to non-U.S. residents and CA$255.00 per MVS Unit, issued to the U.S. investors.

Each SVS Unit includes one Harborside's subordinate voting share and one subordinate voting share purchase …

Full story available on Benzinga.com

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