As 2024 winds to a close, the year may well be remembered as one in which the U.S. marijuana industry got a serious wakeup call, with several big-name companies flaming out in spectacular fashion, while plenty of smaller operators also quietly closed up shop. Even as more state marijuana markets continued their new rollouts – […]
A brokerage firm has listed for sale the assets of California cannabis operator StateHouse Holdings in what could be the industry’s “largest receivership deal,” MJBizDaily has learned. The portfolio for San Diego-headquartered StateHouse includes several brands, business licenses and retail outlets throughout the state. StateHouse formerly was known as Harborside, a legacy California marijuana operator […]
StateHouse Holdings (CSE: STHZ) (OTCQB: STHZF) filed for bankruptcy in Canada and began receivership in the United States, the company announced this week. The vertically integrated cannabis firm, which operates 11 dispensaries across California, made the filing under Canada’s Bankruptcy and Insolvency Act. The move follows the launch of receivership proceedings in the U.S. by […]
News from: StateHouse Holdings, Wana Brands, Canopy Growth Corp., New Mexico and more. The Daily Hit is a recap of the top financial news stories for Wednesday, October 9, 2024. On the Site With StateHouse on the brink, Harborside founders won’t rule out buying it back “There’s nothing in the world that would make us […]
