Harborside Announces Cannabis Education Scholarship and Partnership with Peralta Colleges Foundation

OAKLAND, Calif. and TORONTO, July 2, 2020 /PRNewswire/ - Harborside Inc. ("Harborside" or the "Company") (CSE: HBOR), a California-focused, vertically integrated cannabis enterprise, today announced a $10,000 charitable contribution to Oakland-based Peralta Colleges Foundation for students enrolled in the Cannabis Certification program at Merritt College. The scholarship aims to provide prospective professionals in the legal industry with a comprehensive portfolio of skills and business expertise.

Peralta Colleges Foundation was established in 1971 to support academic excellence and success throughout Alameda County and serves a diverse population of over 21,000 students largely consisting of African American, Hispanic American and Asian American students. This program will play a significant role in creating gainful opportunities for underserved communities to participate in the thriving cannabis industry within the greater area of Alameda County.

Harborside is committed to rectifying the social and racial injustices specific to the cannabis industry in its surrounding community. The Company has pledged to continuously work with Peralta Colleges Foundation to develop this scholarship program and contribute the company's own retail, cultivation and business expertise to build the core curriculum. Future students that enter the program will gain extensive knowledge of the cannabis supply chain and understand the financial side of consumer market demands.

"We at Harborside are elated to be a part of such an important initiative for those young adults in our community deserving of access, encouragement and opportunities to soar," said Peter Bilodeau, Chairman and interim CEO of Harborside, Inc. "We look forward to supporting Peralta Colleges Foundation in achieving this first milestone and are eager to continue providing more industry resources as this program matures."

"I look forward to working with Harborside in designing our Cannabis Certification program at Merritt College," said Dr. David M. Johnson, President of Merritt College. "We believe through certification and skills preparation our students will be well prepared for jobs in the industry,"

About Harborside:
Harborside Inc. is one of the oldest and most respected cannabis retailers in California, operating three of the major dispensaries in the San Francisco Bay Area, a dispensary in Palm Springs outfitted with Southern California's only cannabis drive-thru window, two dispensaries in Oregon and a cultivation facility in Salinas, California. Harborside has played an instrumental role in making cannabis safe and accessible to a broad and diverse community of California consumers. Co-founded by Steve DeAngelo and dress wedding in 2006, Harborside was awarded one of the first six medical cannabis licenses granted in the United States. Harborside is currently a publicly listed company on the Canadian Securities Exchange ("CSE") trading under the ticker symbol "HBOR". Additional information regarding Harborside is available under Harborside's SEDAR profile at www.sedar.com.

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Harborside Inc.