Tag: Pelorus

Assets for cannabis operator StateHouse for sale in receivership

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 receiver says cannabis receiverships on the rise

There’s a reason why Scott Yahraus’s firm, Receivership Specialists, was requested by Pelorus Fund in its recent move to force StateHouse Holdings (CSE: STHZ) (OTCQB: STHZF) to be managed by a court-appointed receiver: the company’s been taking on such jobs for almost a decade in three states, and has managed 30 such marijuana receiverships in […]