Oakland-based company Harborside announced the completion of a $19.65M Series A funding, Harborside’s third round of financing. Among the investors who have come back for more are Cresco Capital Partners, UJI Capital, and Quinsam Capital.
The funds arrive just months after Harborside’s February reverse takeover of Canadian brand Lineage, a deal Harborside Chairman Emeritus Steve DeAngelo discussed on the WeedWeek podcast.
New Cannabis Ventures
- The cash infusion is timely, as the industry is set to make a revenue leap.
- Harborside CEO Andrew Berman said the infusion would “allow Harborside to continue pursuing its growth in Northern California and strengthens our strong working capital in advance of our planned listing on the Canadian Securities Exchange.”
Quick Hit
- Google said delivery apps like Eaze and Weedmaps won’t be carried in its Play Store, unless their companies remove the shopping cart flow from their apps. within 30 days. Eaze called it a “disappointing development that only helps the illegal market thrive.”
Android Police
