Harborside (CSE: HBOR) (OTCQX: HBORF) - Investor Dashboard
|Market Focus:||United States|
|Employees:||260 as of June 2021|
Harborside – Management Team
Chairman and Interim CEO
Matt Hawkins is the founder and managing principal of Cresco Capital Management, LLC, a manager of Entourage Effect Capital, formerly known as Cresco Capital Partners, a private investment firm focused specifically on investing in the legalized cannabis industry. Prior to the founding of Cresco, he was a partner and President of a private real estate investment company, which acquired REO and NPL from banks and financial institutions across the country. The company completed more than 55 bank-direct acquisitions, deploying over $500 million of capital since Q4 2008. At the end of 2013, Matt and his partners sold their interest. Prior to this, Matt was a Principal/Co-founder of San Jacinto Partners, a fund focused on the bulk acquisition of single-family residential assets and the Managing General Partner of Adjacent Capital, L.P., a private equity/specialty lending fund. He was earlier affiliated with Treadstone Partners, L.L.C., a distressed debt and equity fund. He has an extensive background in both turnaround management and private equity. Prior to joining Treadstone and forming Adjacent Capital and San Jacinto Partners, was associated with Hull & Associates, a regional turnaround management firm. Matt is a graduate of The University of Texas at Austin.
Chief Operating Officer
Ahmer Iqbal was appointed COO of Harborside in July 2021, post-merger with Sublime. Ahmer was the CEO of Sublime, a cannabis product manufacturer based in Oakland, California. Before becoming CEO, he served as the COO of the company. Ahmer brings more than 20 years of experience in manufacturing and supply chain operations to Harborside. His past leadership has been focused on developing and delivering technology-driven business solutions, providing outstanding client service, and driving profitable revenue growth.
Prior to Sublime, Ahmer served at Amazon Lab 126 overseeing supply chain operations of its Kindle e-Reader division. He was responsible for a successful global launch of the first ever water-proof e-Reader. Before joining Amazon, Ahmer worked at Crystal Technology, a subsidiary of Siemens (Semiconductor). There, he transitioned wafer fabrication operations from Palo Alto to Southeast Asia before joining Dewolf Boberg & Associates as a consultant for various medical device, aeronautics, and other manufacturing companies.
General Counsel & Chief Compliance Officer
Since January 2015, Jack Nichols has served as General Counsel and Chief Compliance Officer for Harborside Inc. and its predecessor FLRish Inc. Mr. Nichols plays a critical role at the executive level managing all legal matters for the Company, spearheading new policy, overseeing the Company’s compliance team in a rapidly changing landscape, and working with management to mitigate risk. As part of his commitment to the advancement of regulatory policy in the cannabis industry he sits on the Federal Policy Advisory Group for CCIA (California Cannabis Industry Association). His long career in law enforcement prior to joining us culminated with his role as Special Assistant US Attorney in the District of Maine, followed by General Counsel for Creative Services, Inc. a global security firm serving corporate and government market sectors.
Chief Financial Officer
Tom DiGiovanni joined Harborside in December 2019 as our Chief Financial Officer. Prior to this, he was the CFO and Chief Compliance Officer at Canndescent and during his tenure there the pre-revenue start up grew into one of the number one brands of luxury flower in California, as well as a multi-state brand operator. Before entering Cannabis, Mr. DiGiovanni served in multiple executive roles in finance and operations, including as Chief Financial Officer for Mainstream Energy where he managed growth rates of more than 100% per year, and helped consummate the merger of Mainstream Energy into Sunrun Inc (NYSE: RUN). He is a Certified Public Accountant and a graduate of the Rochester Institute of Technology, where he received a Bachelor of Science in Accounting with a minor in Economics.
Senior Vice President of Compliance and Government Affairs
Conrad Gregory leads the government relations and compliance activities of Harborside Inc., one of the oldest and most respected cannabis brands in the United States. His work covers the policy and politics of the cannabis industry as well as the development of current and future licenses. Prior to joining Harborside, Gregory helped run several successful political campaigns at the local, state and federal levels before moving to Sacramento to work for then-Lieutenant Governor Gavin Newsom as Chief Consultant for Economic Policy. Gregory’s work culminated in overseeing the Lt. Governor’s Blue Ribbon Commission on Marijuana Policy, which ultimately influenced Proposition 64 to legalize cannabis in California. In addition to his work at Harborside, Gregory currently serves as the Board President of the California Cannabis Industry Association (CCIA) and is a founding member of Oakland Citizens for Equity and Prosperity (OCEP).
VP of Human Resources
We welcome Marian Robinson as our new VP of HR beginning at the start of Q2 2020. Ms Robinson is a Human Resources executive with 13 years experience designing and leading HR strategic initiatives, developing talent, and creating HR best practices, policies and processes in alignment with the needs of the business. Ms. Robinson was hired for her extraordinary capabilities to oversee the changing landscape that our industry must maneuver on a weekly basis with a proven track record for talent acquisition. Before joining us at Harborside, she held senior executive positions at Target, Orchard Supply Hardware, a 100 store retail chain with 5,000 associates, and most recently was the Senior Director of Human Resources at the largest Planned Parenthood affiliate in the country.
Director of Marketing
Alexis Mora is a creative problem-solver and strategist who loves building and scaling brands to a global level. In 2016, her “Dia de los Muertos” Campaign for Nestlé won Top Shop’s Top 100 Award and her work at BLOOM FARMS, a top ten Cannabis brand in 2018 and 2019, has been featured in Vogue, Rolling Stone, LA TIMES, SF Weekly, and more. She specializes in crafting memorable customer experiences while driving ROI through digital, retail, and event platforms. Her work spans internationally in health and wellness, active lifestyle, cause marketing, functional beverage, and cannabis industries.
Director of Retail
Pedro Fonseca comes to Harborside with over 32 years of natural food and retail experience, most recently with Whole Foods market for over 27 years. Pedro has held several positions, from leading retail facilities to Executive Vice President of Retail Operations and Executive Vice President of new store development and construction across the US and Canada, overseeing over 85 retail locations and 10,000 employees, resulting in 1.2 billion dollars in sales across the mid-Atlantic region. Pedro’s passion is building teams and businesses through mentoring, motivating, communication, collaboration, and an inclusive culture. Pedro is passionate about interdepartmental collaboration and partnership, from marketing to supply chain, resulting in fully integrated programs and processes.
David Wedding Dress (a.k.a. “dress”) is the co-founder of Harborside and served as Director of Holistic Services. A lifelong activist for peace and justice, dress works with non-hierarchical groups on direct action projects to stop war and injustice, and bring more quality and balance to the lives of poor and oppressed peoples. Dress served as general manager and CFO from Harborside’s inception in October 2006 until 2009. The extraordinary level of patient care at Harborside is another manifestation of dress’ deep sense of compassion, and commitment to helping those most in need.
Significant Insider Ownership
Peter Bilodeau, Interim CEO:
234K shares, 530K options and 3K warrants
Jack Nichols, COO:
400K shares, 1K multiple voting shares and 183K options
Matt Hawkins, Director:
44,416 multiple voting shares, 288K shares, 33,500 multiple voting shares warrants and 153K options
Linneaus Management Services:
111,566 multiple voting shares
FMI Capital Advisory:
1.7 million shares
New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. Harborside, Inc. is a client of NCV Media, LLC. Read our full disclaimer.