Steve DeAngelo Archives - Green Market Report

StaffStaffApril 26, 2019
img_expo-2.jpg

4min10740

Cartagena, CO – April 26, 2019 /AxisWire/ ExpoCannaBiz is pleased to announce the addition of Jim Belushi as a speaker on this year’s agenda! He joins two other prominent speakers, Vincente Fox and Steve DeAngelo, on the scheduled line up. The three-day event, held in the beautiful Caribbean port city of Cartagena, Colombia, has two key components: the one-day Cannabis Investing Forum scheduled on May 9th that will be located at the Hotel Estela Cartagena followed by the two-day ExpoCannaBiz Business Conference on May 10th- 11thtaking place at the Cartagena Convention Center.

ExpoCannaBiz Business Conference Founder Julian Tobar announced the addition of actor, musician, and cannabis advocate, Jim Belushi, to its diverse slate of guests this week. Belushi is scheduled to participate on May 9th at the Cannabis Investing Forum in a fireside chat with Michael Miller (Cannabis Editor, LAWeekly,). Belushi will be hosting an investor yacht dinner party on the evening of May 8thand will share more of his story with Michael Miller and perform live with a local Cartagena band. Belushi is well-known for his entertainment career as well as his active involvement in the Pacific Northwest cannabis industry with his company, Belushi’s Farm, a cultivation business producing high-quality cannabis for the Oregon market.

A true entertainer, Belushi’s high-profile career includes film roles in “Mr. Destiny,” “Little Shop of Horrors,” “Jumpin’ Jack Flash,” “The Principal,” and “K-9”; television roles “Mighty Ducks,” “According to Jim” and stints on “Saturday Night Live;” and voice roles in “Once Upon a Christmas Village,” “Legends of Oz: Dorothy’s Return,” and “The Pebble and the Penguin.” Beyond acting, Jim plays music with The Sacred Hearts Band, as well as performances with The Blues Brothers, an R&B band co-founded by his late brother John Belushi (with Dan Aykroyd) in 1978.

Blending his entertainment and cannabis worlds, Belushi’s Farms is Jim’s successful cannabis company located in the Oregon’s Rogue Valley. Its mission is to share the healing gift of cannabis. Belushi is also developing a reality television show and film projects that weave his family’s personal history with cannabis. During his trip to Colombia, Belushi will travel with James Orr, the noted director and writer of “Mr. Destiny” to research, location scout, film and meet with the local cannabis farmers.

Other notable speakers Jim is joining on the ExpoCannabiz 2019 schedule are Vincente Fox and Steve DeAngelo. Fox, the former president of Mexico and former president of Coca-Cola Mexico, is now a drug-legalization activist in Latin America with an eye toward supplying cannabis products to emerging markets in Latin America. He is a board member and advisor to Khiron Life Sciences Corp., which is poised for extensive sales throughout Latin America this year. DeAngelo is a well-known cannabis industry pioneer; co-founder and chairman emeritus of Harborside, a leading dispensary in California; and co-founder and president of Arcview Group. This speaker trio brings together the brightest minds in cannabis politics, business and entertainment who are heavily invested in the legal cannabis industry.

 

Attendee tickets and exhibitor spaces are limited. Register today at https://www.expocannabiz.com

Cannabis Investing Forum information.  www.cannabisinvestingforum.com

For additional information, contact Brad Turner at (310) 663-1434; brad.turner@completionfund.com

 


Debra BorchardtDebra BorchardtAugust 13, 2018
Harborside-Oakland-C-1280x456.png

4min22240

FLRish Inc., a California corporation d/b/a Harborside is entering into a binding letter agreement with  Lineage Grow Company Ltd.  (CSE:BUDD) for a reverse takeover in a deal valued at C$200 million. Lineage will acquire all of the outstanding shares of Harborside in exchange for newly issued shares of Lineage.

Harborside operates two flagship dispensaries in the San Francisco Bay Area as well as a cultivation facility in Salinas California, plus the Harborside brand. The move will help Harborside expand within the state and across the U.S.

“I founded Harborside with Dress Wedding in 2006 to provide a gold standard of medical cannabis retailing; to serve patients with the most attractive facilities, highest levels of care, and best product knowledge in the industry; and to offer and produce safe, innovative and effective products that improve the quality of our customers’ lives,” said Steve DeAngelo, Chairman Emeritus and Co-Founder of Harborside.

Dress Wedding is the Co-founder and Holistic Services Director at Harborside. His bio on the company website reads, “Having always been a free spirit and nonconformist, dress has spent much of his adult life as an activist for peace and justice; working with non-hierarchical groups on direct action projects to stop war and injustice, and bring more equality and balance to the lives of poor and oppressed peoples.”

Combined, the two Harborside dispensaries have generated over CAD $400 million in sales since their opening, including over CAD $50 million sales in 2017. Harborside is currently structured as a private California corporation.

Lineage’s chief executive officer Peter Bilodeau, who will assume the role of Chairman of the Board of Directors of the Resulting Issuer, commented, “We are very excited to be joining forces with Harborside, one of the most iconic and longstanding brands in the cannabis industry, which positions the resulting company extremely well for future growth. After the Transaction, the company will have access to the necessary resources to fulfill our combined vision for California’s most trusted, vertically-integrated cannabis company focused on high margin retail and branded product sales channels.”

Terms

100% of the outstanding securities of Harborside shall be exchanged for Lineage securities. The price per Lineage share issued to Harborside security holders will be $0.165. Current shareholders of Harborside are expected to own in excess of 80% of the common shares of Lineage and the company is expected to operate under the name “Harborside, Inc.” The shares are planned to trade on the Canadian Securities Exchange.

Harborside intends to complete a convertible debenture financing prior to the closing of the deal, for gross proceeds of C$20 million. The funds raised will be used for capital expenditures at Harborside’s cultivation campus in Salinas, CA, development of Harborside’s retail management services business segment, general corporate expenses, working capital, and a loan to Lineage to assist with completion of its previously announced acquisitions pending closing of the RTO.



About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


READ MORE



Recent Tweets

@GreenMarketRpt – 1 week

The Daily Hit: November 25, 2020

@GreenMarketRpt – 1 week

$PLNHF ⁦@Planet13lv⁩ Revenue Rises 36% To $22 Million, Turns A Profit

Back to Top

You have Successfully Subscribed!