120M+Annual Sales StateHouse Holdings For Sale

Asking Price: $100,000,000

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120M+Annual Sales StateHouse Holdings For Sale


Asking Price: $100,000,000

Asset Sale Description
120M+Annual Sales StateHouse Holdings For Sale By Way of Receivership Brands: Ha
This is being sold by way of court ordered receivership and is subject to court confirmation.
All assets sold from the Receivership Estate are done so free and clear of all liens.

This includes all City and State Taxes.

Seize the chance to dominate California’s booming cannabis market with the acquisition of Statehouse Holdings, a powerhouse that commands attention with a portfolio of some of the most recognized brands in the industry! From premium flower to sought-after edibles, Statehouse has mastered market reach and brand loyalty across all consumer segments. In receivership, this is a rare opportunity to own a titan in cannabis, strategically positioned for unrivaled growth. StateHouse, a vertically integrated company spanning the entire value chain.

Available via court-ordered receivership, this rare offering presents an advantage to control a legacy business with a storied presence across retail, distribution, cultivation, and manufacturing. StateHouse operates 11 dispensaries stretching across Northern and Southern California and holds cannabis licenses from cultivation facilities in Salinas to advanced manufacturing in Greenfield, dispensaries in San Jose, West Hollywood and San Diego to name just a few.

StateHouse isn’t just a cannabis company, it’s California’s leading brand by market share, with a portfolio that caters to every consumer taste and price point. With these powerhouse brands: Kingpen, Dime Bag, Loudpack, Fuzzies, Sublime, Urbn Leaf & Kingroll, StateHouse products are stocked in over 900 retailers statewide. This acquisition is more than an investment, it’s a takeover of one of the most respected and established names in the industry.

Don’t miss this chance to command California’s cannabis empire. Opportunities of this magnitude don’t last long.

The preferred sale of this Portfolio is a Global offer for all of the assets, however the Receivership will entertain offers for the individual assets as well. This is your chance to submit offers on individual assets.

Brands: – These brands are in over 900 Stores across the State of California.

Harborside
Harborside Farms
Urbn Leaf (Sold Exclusively Through Statehouse Retail)
Loudpack
Fuzzies
Kingpen
Kingroll
Dime Bag
Plant Touching Licenses:

Dispensary Retailer- 11
Small Mixed Light Tier 2- 15
Distributor- 5
Nursery- 2
Processor- 2
Event Organizer- 1
MicroBusiness- 1 (With Retailer)
Manufacturing Type 7- 1
Brands, Licenses, Locations:

Dispensary #1 Urbn Leaf, Retailer: 658 E San Ysidro Blvd, San Diego, CA 92173
2024 Actual Sales 4,330,877 from Jan 1- August 8-31, On Pace to do $6,496,315 for 2024
They Own the Property
Space: 7,400 SqFt
Retail Space: 2566 SqFt
Parking Spaces: 8
Registers: 6
Single Story Multi-Unit Building

Dispensary #2 Urbn Leaf, Retailer, Distributor: 1028 Buenos Ave, San Diego, CA 92110
2024 Actual Sales $8,562,944 from Jan 1-Aug 31, On Pace to do $12,844,416
$20,102.00 is the Rent for The Dispensary
$30,000.00 is the Rent for the Distribution
Space: 12,150 SqFt
Retail Space: 2,452 SqFt
Parking Spaces: 14
Registers: 7
Parking Spaces: 12

Dispensary #3 Urbn Leaf, Retailer: 7339 El Cajon Blvd, Suite C, La Mesa, CA 91942
2024 Actual Sales $1,950,812 from Jan 1-Aug 31, on Pace to do $2,926,218
$25,990 is the Rent for the Dispensary and 4 additional Suite Offices
Space: 1,924 SqFt
Retail Space: 954 SqFt
Parking Spaces: 6
Registers: 4

Dispensary #4 Urbn Leaf, Retailer: 909 W Vista Way, Vista, CA 92083
2024 Actual Sales $7,599,150 from Jan 1-Aug 31, on Pace to do $11,398,725
They Own the Property
Space: 3,200 SqFt
Retail Space: 2,000 SqFt
Parking Spaces: 30
Registers: 6

All the Retail Dispensaries Combined Revenue is $51,662,625 from Jan 1-Aug 31, On Pace to do $77,493,937 for 2024

To obtain a full list of ASSETS call or email Asking Price: Call For Offers Jan 15th, 2025
Creditor/Seller Financing is Available for the Whole Portfolio

Must sign an NDA/Waiver and provide Proof of Financials before
Detailed Information
Listing Info
ID
2303294
Listing Views
2455

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Business Listed by: Eric Espinoza GLB GROUP Inc.

Listing ID: 2303294 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.