What’s Happening Here? Harborside Interim CEO Bilodeau” asked to step down from his role as Interim Chief Executive Officer (“CEO”) effective immediately” & Chairman, Matt Hawkins, To Stand In As Interim CEO

It’s like musical chairs at Harborside at the moment.

We’d say that there’s trouble at trouble at t’ mill

Humorous phrase sometimes used by British people to refer to a problem, especially at home or at work. It is said in the accent of the people of northern England, especially Yorkshire or Lancashire, where there used to be many mills (= factories where cloth was made), and where the word ‘the’ is often not fully pronounced. The phrase suggests the idea that there were regular disputes between the workers in the mills and their owners.

https://www.oxfordlearnersdictionaries.com/definition/english/trouble-at-t-mill

Peter Bilodeau…. gone……

Here’s the rather terse press release

Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR), (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced that Peter Bilodeau has been asked to step down from his role as Interim Chief Executive Officer (“CEO”) effective immediately, and Matt Hawkins, Chairman, will assume the position of Interim CEO while the Company completes its search for a successor.

In addition, Ahmer Iqbal, former CEO of Sublime, has been appointed Chief Operating Officer of Harborside.

Matthew Hawkins. Double Boss!

“Since implementing our turnaround plan in November of last year, our team and the entire board of directors have worked to ensure that Harborside has a strong foundation to take on the immense opportunity ahead in the California cannabis market,” said Matt Hawkins, Chairman, and Interim CEO of Harborside. “While our work is not yet done, we have made great progress in a short period of time, adding an iconic consumer brand to our portfolio, expanding our cultivation capacity, and building a solid balance sheet to support our growth. On behalf of the entire team, I’d like to thank Peter for his contributions during his time with Harborside.”

Mr. Hawkins added, “Having worked with Ahmer and seen the incredible job he did over the past several years to build Sublime into one of the leading brands in California, we are confident that his deep experience  in technology, operations, manufacturing and supply chain logistics will be instrumental as we scale our operations.”

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