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Harbourside Acquires Urbn Leaf


On March 1, 2022, Harborside Inc. acquired 100% of the equity interests UL Holdings Inc. (“Urbn Leaf”), a leading cannabis retailer in California. Pursuant to the merger agreement, Harborside issued 60,000,000 subordinate voting shares to the former shareholders of Urbn Leaf.

Concurrent with closing of the acquisition of Urbn Leaf, Harborside appointed Ed Schmults as Chief Executive Officer and a director of Harborside and Will Senn as Chief Corporate Development Officer of Harborside.

Cassels acted as Canadian legal counsel to Harborside in connection with the acquisition.

RELATED EXPERTISE: Securities | Mergers & Acquisitions | Cannabis