Test
Back to all Representative Matters
Apr 7, 2022

Harborside Inc. Completes Acquisition of Loudpack

Sherri M. Altshuler, Adria Leung Lim, Amy Marcen-Gaudaur and Meredith McCann

On April 4, 2022, Harborside Inc. (“Harborside”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, completed the acquisition of LPF JV Corporation ("Loudpack"), a leading manufacturer, cultivator and distributor of award-winning cannabis brands in California.

Pursuant to the terms of the definitive agreement announced on November 29, 2021, Harborside acquired 100% of the equity interests of Loudpack through the issuance of 90,752,140 subordinate voting shares, 2,000,000 warrants, the restructuring and assumption of US$50 million of debt and cash consideration of approximately US$5 million.

With the acquisitions of Loudpack and Urbn Leaf now completed, Harborside plans to be renamed StateHouse Holdings Inc.

Aird & Berlis acted as Canadian counsel to Harborside with a team including Sherri Altshuler, Adria Leung Lim, Amy Marcen-Gaudaur and Meredith McCann.

Areas of Expertise

Related Industries

Related Representative Matters

Representative Matters
Allied Properties REIT Acquires Urban Office Portfolio for $794 Million Margaret T. Nelligan, Melanie Cole, Marek Lorenc, Amy Marcen-Gaudaur, Meredith McCann, Michael D. Smith, Leonard Baranek, J. Kyle Genga, Ethan Eisen, Rachel D. Rice, Barbara Worndl, Angelo Gentile and Aaron Collins Apr 06, 2022 On March 31, 2022, Allied Properties Real Estate Investment Trust, a leading operator of distinct... On March 31, 2022, Allied Properties Real Estate Investment Trust, a leading operator of distinctive urban workspace in Canada’s major cities and network-dense urban data centres in Toronto, completed the acquisition of six urban office properties from Choice Properties Real Estate Inv...
Representative Matters
Harborside Inc. Completes Acquisition of Urbn Leaf Sherri M. Altshuler, Adria Leung Lim, Amy Marcen-Gaudaur and Meredith McCann Mar 08, 2022 On March 1, 2022, Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-in... On March 1, 2022, Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, completed the acquisition of UL Holdings Inc., a leading California cannabis retailer with a dominant position in southern California.
Representative Matters
SQI Diagnostics Acquires Precision Biomonitoring’s Human Diagnostic Testing Business Marek Lorenc, Liam Tracey-Raymont, Ryan Cohen, Al Turnbull, Francesco Gucciardo, Angelo Gentile, Kyle B. Plunkett and Jose Garcia-Bonilla Feb 23, 2022 On February 14, 2022, SQI Diagnostics Inc., a leader in the science of lung health that develops ... On February 14, 2022, SQI Diagnostics Inc., a leader in the science of lung health that develops and manufactures respiratory health and precision medical tests, completed the acquisition of the assets underlying Precision Biomonitoring Inc.’s human diagnostic COVID-19 PCR...