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Toronto, Ontario-- Newsfile Corp. The Financing will provide strategic capital to Harbour and enable accredited investors to participate in the growth of the rapidly emerging coca sector. Earlier this year, Harbour became the first company to successfully import coca leaf extract into Canada, an effort that took many months to complete. Since then, the Company has successfully completed a secondary importation on an expedited basis. For thousands of years, coca has been heralded as a panacea among many cultures, offering benefits as a medicine, a tonic and a food. But for a variety of political reasons, its many medical and health benefits have gone unrecognized in Western culture. That is starting to change as the success of cannabis and psychedelics has generated renewed interest in once-stigmatized plant-based medicines. John Celenza, Co-founder of BioSteel, said: 'I am thrilled to be investing in Harbour as I believe strongly in its mission and innovative potential. The Company's work with coca as a natural, healthy and functional ingredient positions it to be a catalyst for innovation in the CPG industry. I look forward to working with David and his team to create a new era of cutting-edge consumer goods and help unleash the power of the coca plant for good. Michael Astone, CEO of ArcStone, added : 'The growing interest in coca is reminiscent of the early days of the hemp and cannabis industries. Investors who got in early were the big winners. As with cannabis and hemp, coca-based nutraceuticals and CPG products represent a huge disruptive opportunity in the multiples of billions of dollars. Energy drinks, functional foods and beverages are all likely to be disrupted by coca products. New brands as well as large established CPG companies are going to be developing new products with coca. These are just a few of the reasons why we at ArcStone are excited to be investing in Harbour. The Offering is exempt from registration under Rule c of Regulation D which allows companies to raise capital by selling equity to accredited investors only. Harbour Coca is changing the world's relationship with the coca leaf. For 4, years the biofunctional health benefits of the coca plant have been available to those in South American Andean cultures. Harbour, guided by seasoned business builders and the best legal, regulatory and scientific minds, is bringing these benefits of coca to the rest of the world while building a sustainable coca leaf commercialization industry with practical go-to-market plans in product verticals that represent hundreds of billions of untapped revenue streams. Learn more about us at www. Follow us on Instagram and Twitter: harboursolution. Certain statements in this news release related to Harbour are forward-looking statements and are prospective in nature, including but not limited to the express or implied statements and assumptions regarding the intention of Harbour to complete the Financing. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These forward-looking statements generally can be identified by the use of forward-looking words such as 'may', 'should', 'could', 'intend', 'estimate', 'plan', 'anticipate', 'expect', 'believe', 'will' or 'continue', or the negative thereof or similar variations. There are numerous risks and uncertainties that could cause actual results and Harbour's plans and objectives to differ materially from those expressed in the forward-looking information, including but not limited to adverse market conditions and risks inherent in Harbour's business. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this press release. Except as required by applicable law, Harbour does not intend to update these forward-looking statements. Without limiting the generality of the foregoing, there can be no assurance that the Financing will be completed as proposed, or at all. Investing in the securities of Harbour should be considered highly speculative. None of the securities to be issued in connection with the Transaction have been, or will be, registered under the United States Securities Act of , as amended the ' Act' , or any state securities laws, and may not be offered or sold within the United States or to any U. Person as defined in Regulation S under the Act unless registered under the Act and applicable state securities laws or an exemption from such registration is available. This press release does not constitute an offer to sell or a solicitation of an offer to sell any securities in any jurisdiction where such offer or solicitation would be unlawful, including the United States. Selected edition. Sign in. My Portfolio News Latest News. Stocks: Most Actives. Credit Cards. Latest News. Nvidia stock hits another record as Wall Street stays bullish. Read full article. Newsfile Corp. Tue, Oct 24, , PM 6 min read. Link Copied. Story continues. View comments.
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We use cookies to analyze user behavior in order to constantly improve the website for you. Learn more. Toronto, Ontario-- Newsfile Corp. The Financing will provide strategic capital to Harbour and enable accredited investors to participate in the growth of the rapidly emerging coca sector. Earlier this year, Harbour became the first company to successfully import coca leaf extract into Canada, an effort that took many months to complete. Since then, the Company has successfully completed a secondary importation on an expedited basis. For thousands of years, coca has been heralded as a panacea among many cultures, offering benefits as a medicine, a tonic and a food. But for a variety of political reasons, its many medical and health benefits have gone unrecognized in Western culture. That is starting to change as the success of cannabis and psychedelics has generated renewed interest in once-stigmatized plant-based medicines. John Celenza, Co-founder of BioSteel, said: 'I am thrilled to be investing in Harbour as I believe strongly in its mission and innovative potential. The Company's work with coca as a natural, healthy and functional ingredient positions it to be a catalyst for innovation in the CPG industry. I look forward to working with David and his team to create a new era of cutting-edge consumer goods and help unleash the power of the coca plant for good. Michael Astone, CEO of ArcStone, added : 'The growing interest in coca is reminiscent of the early days of the hemp and cannabis industries. Investors who got in early were the big winners. As with cannabis and hemp, coca-based nutraceuticals and CPG products represent a huge disruptive opportunity in the multiples of billions of dollars. Energy drinks, functional foods and beverages are all likely to be disrupted by coca products. New brands as well as large established CPG companies are going to be developing new products with coca. These are just a few of the reasons why we at ArcStone are excited to be investing in Harbour. The Offering is exempt from registration under Rule c of Regulation D which allows companies to raise capital by selling equity to accredited investors only. Harbour Coca is changing the world's relationship with the coca leaf. For 4, years the biofunctional health benefits of the coca plant have been available to those in South American Andean cultures. Harbour, guided by seasoned business builders and the best legal, regulatory and scientific minds, is bringing these benefits of coca to the rest of the world while building a sustainable coca leaf commercialization industry with practical go-to-market plans in product verticals that represent hundreds of billions of untapped revenue streams. Learn more about us at www. Follow us on Instagram and Twitter: harboursolution. Certain statements in this news release related to Harbour are forward-looking statements and are prospective in nature, including but not limited to the express or implied statements and assumptions regarding the intention of Harbour to complete the Financing. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These forward-looking statements generally can be identified by the use of forward-looking words such as 'may', 'should', 'could', 'intend', 'estimate', 'plan', 'anticipate', 'expect', 'believe', 'will' or 'continue', or the negative thereof or similar variations. There are numerous risks and uncertainties that could cause actual results and Harbour's plans and objectives to differ materially from those expressed in the forward-looking information, including but not limited to adverse market conditions and risks inherent in Harbour's business. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this press release. Except as required by applicable law, Harbour does not intend to update these forward-looking statements. Without limiting the generality of the foregoing, there can be no assurance that the Financing will be completed as proposed, or at all. Investing in the securities of Harbour should be considered highly speculative. None of the securities to be issued in connection with the Transaction have been, or will be, registered under the United States Securities Act of , as amended the ' Act' , or any state securities laws, and may not be offered or sold within the United States or to any U. Person as defined in Regulation S under the Act unless registered under the Act and applicable state securities laws or an exemption from such registration is available. This press release does not constitute an offer to sell or a solicitation of an offer to sell any securities in any jurisdiction where such offer or solicitation would be unlawful, including the United States. Analyst, journalist, or company stakeholder? Sign up to receive news releases by email for Harbour Solutions Importation Inc. Company Profile. Our commitment to delivering the best personal service defines our business and inspires our efforts every day. The way we see it, a helpful voice on the phone is always welcomed. In addition to respecting you, Newsfile is respected as an accredited source of business news—making every story we handle become trusted for retail and institutional investment decisions. Complete the form to the right and a customer service representative will contact you to answer your questions. Cookie Settings We use cookies to analyze user behavior in order to constantly improve the website for you. Login Search Search. Have you heard? TMX Group has acquired Newsfile. Learn More. Toggle navigation. About Harbour Solutions Importation Inc. Get News by Email Analyst, journalist, or company stakeholder? Tell Us Your Story. Treating you—and your story—with courtesy and care. Send Message.
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