{"id":405477,"date":"2020-12-24T07:48:05","date_gmt":"2020-12-24T12:48:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405477"},"modified":"2020-12-24T07:48:05","modified_gmt":"2020-12-24T12:48:05","slug":"harborside-announces-stock-option-grants","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/","title":{"rendered":"Harborside Announces Stock Option Grants"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">OAKLAND, Calif.<\/span> and <span class=\"xn-location\">TORONTO, ON<\/span>, <span class=\"xn-chron\">Dec. 24, 2020<\/span> \/PRNewswire\/ &#8211;\u00a0Harborside Inc. (&#8220;Harborside&#8221;, or the &#8220;Company&#8221;) (CSE: HBOR), (OTCQX: HBORF), a <span class=\"xn-location\">California<\/span>-focused, vertically-integrated cannabis enterprise, announced today that it has granted options (each, an &#8220;Option&#8221;) to purchase an aggregate of 840,000 subordinate voting shares of the Company (&#8220;SVS&#8221;) to certain directors of the Company. Each Option is exercisable into one SVS in the capital of the Company at an exercise price of <span class=\"xn-money\">$1.83<\/span> per SVS. The Options will expire five years from the date of grant and are subject to vesting conditions. All Options were granted in accordance with Harborside&#8217;s equity incentive plan adopted by the board of directors of the Company on <span class=\"xn-chron\">June 30, 2020<\/span> and approved by shareholders on <span class=\"xn-chron\">November 24, 2020<\/span> (the &#8220;Plan&#8221;). A copy of the Plan is available under the Company&#8217;s SEDAR profile at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=672803887&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1391798\/Harborside_Inc__Harborside_Announces_Stock_Option_Grants.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1391798\/Harborside_Inc__Harborside_Announces_Stock_Option_Grants.jpg\" title=\"Harborside Logo (CNW Group\/Harborside Inc.)\" alt=\"Harborside Logo (CNW Group\/Harborside Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>For the latest news, activities, and media coverage, please visit the Harborside corporate website at<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=3564697946&amp;u=http%3A%2F%2Fwww.investharborside.com%2F&amp;a=%C2%A0\" rel=\"nofollow noopener noreferrer\">\u00a0<\/a><u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=3454917572&amp;u=http%3A%2F%2Fwww.investharborside.com%2F&amp;a=http%3A%2F%2Fwww.investharborside.com\" rel=\"nofollow noopener noreferrer\">http:\/\/www.investharborside.com<\/a><\/u> or connect with us on<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=2575564684&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fharborside-inc%2F&amp;a=%C2%A0\" rel=\"nofollow noopener noreferrer\">\u00a0<\/a><u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=1771949439&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fharborside-inc%2F&amp;a=LinkedIn\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a><\/u>,<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=2348676898&amp;u=https%3A%2F%2Fwww.facebook.com%2Fgroups%2Fharborsideinvestorsgroup&amp;a=%C2%A0\" rel=\"nofollow noopener noreferrer\">\u00a0<\/a><u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=1840331297&amp;u=https%3A%2F%2Fwww.facebook.com%2Fgroups%2Fharborsideinvestorsgroup&amp;a=Facebook\" rel=\"nofollow noopener noreferrer\">Facebook<\/a><\/u>, and<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=121862162&amp;u=https%3A%2F%2Ftwitter.com%2FHarborsideInc&amp;a=%C2%A0\" rel=\"nofollow noopener noreferrer\">\u00a0<\/a><u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=3543732246&amp;u=https%3A%2F%2Ftwitter.com%2FHarborsideInc&amp;a=Twitter\" rel=\"nofollow noopener noreferrer\">Twitter<\/a><\/u>.<\/b>\n      <\/p>\n<p>\n        <b>About Harborside:<br \/><\/b>Harborside Inc. is one of the oldest and most respected cannabis retailers in <span class=\"xn-location\">California<\/span>, operating three of the major dispensaries in the <span class=\"xn-location\">San Francisco Bay Area<\/span>, a dispensary in the <span class=\"xn-location\">Palm Springs<\/span> area outfitted with <span class=\"xn-location\">Southern California&#8217;s<\/span> only cannabis drive-thru window, a dispensary in <span class=\"xn-location\">Oregon<\/span> and a cultivation\/production facility in <span class=\"xn-location\">Salinas, California<\/span>. Harborside has played an instrumental role in making cannabis safe and accessible to a broad and diverse community of <span class=\"xn-location\">California<\/span> consumers. In 2006, Harborside was awarded one of the first six medical cannabis licenses granted in <span class=\"xn-location\">the United States<\/span> and today holds cannabis licenses for retail, distribution, cultivation, nursery and manufacturing. Harborside is currently a publicly listed company on the CSE trading under the ticker symbol &#8220;HBOR&#8221;. Additional information regarding Harborside is available under Harborside&#8217;s SEDAR profile at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3022061-1&amp;h=672803887&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a>.<\/p>\n<p>\n        <b>The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.<\/b>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=VA33279&amp;sd=2020-12-24\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/harborside-announces-stock-option-grants-301198395.html\">http:\/\/www.prnewswire.com\/news-releases\/harborside-announces-stock-option-grants-301198395.html<\/a><\/p>\n<p>SOURCE  Harborside Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=VA33279&amp;Transmission_Id=202012240744PR_NEWS_USPR_____VA33279&amp;DateId=20201224\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire OAKLAND, Calif. and TORONTO, ON, Dec. 24, 2020 \/PRNewswire\/ &#8211;\u00a0Harborside Inc. (&#8220;Harborside&#8221;, or the &#8220;Company&#8221;) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announced today that it has granted options (each, an &#8220;Option&#8221;) to purchase an aggregate of 840,000 subordinate voting shares of the Company (&#8220;SVS&#8221;) to certain directors of the Company. Each Option is exercisable into one SVS in the capital of the Company at an exercise price of $1.83 per SVS. The Options will expire five years from the date of grant and are subject to vesting conditions. All Options were granted in accordance with Harborside&#8217;s equity incentive plan adopted by the board of directors of the Company on June 30, 2020 and approved by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Harborside Announces Stock Option Grants&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405477","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Harborside Announces Stock Option Grants - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Harborside Announces Stock Option Grants - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire OAKLAND, Calif. and TORONTO, ON, Dec. 24, 2020 \/PRNewswire\/ &#8211;\u00a0Harborside Inc. (&#8220;Harborside&#8221;, or the &#8220;Company&#8221;) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announced today that it has granted options (each, an &#8220;Option&#8221;) to purchase an aggregate of 840,000 subordinate voting shares of the Company (&#8220;SVS&#8221;) to certain directors of the Company. Each Option is exercisable into one SVS in the capital of the Company at an exercise price of $1.83 per SVS. The Options will expire five years from the date of grant and are subject to vesting conditions. All Options were granted in accordance with Harborside&#8217;s equity incentive plan adopted by the board of directors of the Company on June 30, 2020 and approved by &hellip; Continue reading &quot;Harborside Announces Stock Option Grants&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-24T12:48:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1391798\/Harborside_Inc__Harborside_Announces_Stock_Option_Grants.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/harborside-announces-stock-option-grants\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/harborside-announces-stock-option-grants\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Harborside Announces Stock Option Grants\",\"datePublished\":\"2020-12-24T12:48:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/harborside-announces-stock-option-grants\\\/\"},\"wordCount\":361,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/harborside-announces-stock-option-grants\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1391798\\\/Harborside_Inc__Harborside_Announces_Stock_Option_Grants.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/harborside-announces-stock-option-grants\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/harborside-announces-stock-option-grants\\\/\",\"name\":\"Harborside Announces Stock Option Grants - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/","og_locale":"en_US","og_type":"article","og_title":"Harborside Announces Stock Option Grants - Market Newsdesk","og_description":"PR Newswire OAKLAND, Calif. and TORONTO, ON, Dec. 24, 2020 \/PRNewswire\/ &#8211;\u00a0Harborside Inc. (&#8220;Harborside&#8221;, or the &#8220;Company&#8221;) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announced today that it has granted options (each, an &#8220;Option&#8221;) to purchase an aggregate of 840,000 subordinate voting shares of the Company (&#8220;SVS&#8221;) to certain directors of the Company. Each Option is exercisable into one SVS in the capital of the Company at an exercise price of $1.83 per SVS. The Options will expire five years from the date of grant and are subject to vesting conditions. All Options were granted in accordance with Harborside&#8217;s equity incentive plan adopted by the board of directors of the Company on June 30, 2020 and approved by &hellip; Continue reading \"Harborside Announces Stock Option Grants\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-24T12:48:05+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1391798\/Harborside_Inc__Harborside_Announces_Stock_Option_Grants.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Harborside Announces Stock Option Grants","datePublished":"2020-12-24T12:48:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/"},"wordCount":361,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1391798\/Harborside_Inc__Harborside_Announces_Stock_Option_Grants.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/harborside-announces-stock-option-grants\/","name":"Harborside Announces Stock Option Grants - 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