Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR) (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced today that it has granted options (each, an “Option”) to purchase an aggregate of 684,985 subordinate voting shares of the Company (“SVS”) to certain employees of the Company. Each Option is exercisable into one SVS in the capital of the Company at an exercise price of $2.21 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’s equity incentive plan adopted by the board of directors of the Company on June 30, 2020 and approved by shareholders on November 24, 2020 (the “Plan”). A copy of the Plan is available under the Company’s SEDAR profile at www.sedar.com.
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