Agoracom Blog

CLIENT FEATURE: Harborside Inc. $ Record 3rd Quarter of $19.6 Million Revenue from Dispensaries In California $ $ $

Posted by AGORACOM at 12:54 PM on Wednesday, November 25th, 2020

Harborside Inc (CSE: HBOR) is a California-focused, vertically integrated, fully licensed cannabis company with its business consisting of three primary segments that generated record gross revenue in the 3rd quarter 2020.

  • Retail Dispensaries
  • Cultivation and Processing
  • Wholesale Sales (including branded product sales). 

Harborside operates the only drive through dispensary in California and is one of the oldest and most respected cannabis retailers in California:

  • Operations have generated over $400M in cumulative sales since inception
  • Generated 21.2% Sequential Revenue Growth Q3 
  • Record Gross Revenues of $19.6 Million
  • Expects Full Year Gross Revenues of Approximately $61 Million – $63 Million  from 5 dispensaries 


California Focused 

Harborside dispensaries have generated over $400M in sales to date, and are strategically focused on growing market share in California. 

  • The SF Bay Area cannabis market is expected to grow from ~$667M in 2018 to ~$1.5B in 20221
  • Market potential & growth for California eclipses the combined value of FL, NY, MA & NV


Harborside dispensaries are preeminent NorCal cannabis retail operations with a significant track record and expertise gained through 13 years of operations.

  • Retail operations command 3% of California’s entire retail market
  • Harborside operates five dispensaries that are expected to produce approximately $62M in sales in 2020.
  • Significant market share and captive shelf space drive industry-leading sales
  • Recently opened two new Harborside locations to further expand California footprint

Watch the Video to see how Harborside works:

Harborside is an advertising client of AGORA Internet Relations Corp.

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