Harborside Expects 2020 Revenues of $62M, Company Poised to Dominate California Cannabis Market
AGORACOM Small Cap CEO Interviews - A podcast by AGORACOM
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California is one of the largest cannabis markets in the world and Harborside has more than a decade of market success, making it one of the oldest and most respected retailers in California, commanding a 3% share of the entire market. Awarded one of the first six medical cannabis licenses in the USA Operations have generated over $400M in cumulative sales since inception For the full year ended 2020, the Company is expecting: Gross revenues in line with previously issued guidance of approximately $61 – 63 million, and positive EBITDA Standalone gross revenues of between $68 – $72 million full year ended 2021 Expects a 2021 full year of Adjusted EBITDA in the range of 15 – 17% of revenues Sit back, relax and watch this powerful interview.