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.
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StateHouse formerly was known as Harborside, a legacy California marijuana operator once based in Oakland.
San Diego-based Green Life Business Group is handling the liquidation proceedings for one of the state’s oldest cannabis companies on behalf of Receivership Specialists.
Receivership Specialists was founded by Kevin Singer, who was appointed receiver in similar proceedings earlier this year to dissolve Herbl and High Times.
The bidding process, which ends Jan. 15, could set an industry record, considering the brands and stores
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