CSE:$HBOR on alert, an exponential growth in one of the
CSE:$HBOR on alert, an exponential growth in one of the fastest growing industries known to man, Cannabis.
Harborside Inc. (CSE:HBOR)
HBOR is a 12 year old retailer and cultivator of Cannabis operating in Northern California. The company is vertically integrated combining significant production capacity and retail shelf space with tremendous distribution outlets that utilize over 30 Retail Cannabis licenses to leverage scale and ensure supply chain stability.
HBOR currently operates 6 retail dispensaries throughout Northern California and additional stores will be opening within 2019. Sales growth has been staggering and the company has done in excess of $400 million in cumulative sales in the last 10 years. The company has a huge market share selling an amazing 3% of the total Cannabis sold in the state of California. The company is rapidly expanding along with their extremely popular branded product lines. Co-founded by Cannabis icon Steve DeAngelo the company's brands are known throughout California, the United States and internationally. Harborside is amongst the oldest and largest cannabis dispensaries in the world. Harborside was granted one of the first six medical cannabis licenses in the United States.
HBOR has recently become very serious about creating shareholder value for its loyal investor base. They recently retained Mattio Communications of New York. Mattio will be helping increase investor awareness through a customized, strategic investor relations program. Mattio was ranked the number 1 IR/PR firm in the Cannabis industry in 2019 by The Green Report. They should be able to bring a large pool of new investors to HBOR and a much larger international investor audience which should help move the price up dramatically from recent lows.
HBOR is not your typical Cannabis stock. Cannabis stocks often are not well capitalized, have no financial history, and are lacking a solid business model. HBOR's business model has been tested for more than 10 years in the retail space. The company is also a seasoned distributor and cultivator of branded Cannabis. HBOR is the real deal and one of my Cannabis favorites. Revenues are surging and further acquisitions are planned which will lead to a tremendous growth rate resulting in a huge respect on Wall Street. At today's price of 1.86 you should definitely load big. When sales news comes accompanied with a high caliber IR firm the PPS will skyrocket.
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