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.
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- 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."