120M+Annual Sales StateHouse Holdings For Sale By Way of Receivership Brands: Harborside, Urbn Leaf, Loudpack, Fuzzies + More CALL FOR OFFERS JAN 15TH (California) #1566

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.
Over $60M in Real estate included and capital invested into the build outs!

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
Property Estimated Value: $10.5M
Space: 3,200 SqFt
Retail Space: 2,000 SqFt
Parking Spaces: 30
Registers: 6

Dispensary #5 Harborside, Retailer, Distributor: 1365 N 10th St., San Jose, CA (Each San Jose Store has a +1 Retail License)
2024 Actual Sales $5,751,956 from Jan 1-Aug 31, On Pace to do $8,627,934
Rent is $49,785.29
Space: 9,800 SqFt
Retail Space: 9,400 SqFt
Parking Spaces: 18
Registers: 6

Dispensary # 6 Urbn Leaf, Microbusiness License: 2943 Daylight Way, San Jose, CA 95111 (Each San Jose Store has a +1 Retail License)
2024 Actual Sales $2,383,431 from Jan 1-Aug 31, On Pace to do $3,575,146
Rent is $54,050.00
Space: 23,500 SqFt
Retail Space: 5k SqFt
Parking Spaces: 42
Registers: 5

Dispensary #7 Urbn Leaf, Retailer: 8477 W Sunset Blvd, West Hollywood, CA, 90069
2024 Actual Sales $1,606,917 from Jan 1-Aug 31, On Pace to do $2,410,375
Space: 9,853 SqFt
Retail Space: 1,095 SqFt
Parking Spaces: 8
Registers: 2

Dispensary #8 Urbn Leaf, Retailer: 239 S 3rd St, Grover Beach, CA 93433
2024 Actual Sales $5,378,782 from Jan 1-Aug 31, On Pace to do $8,068,173
Space: 5,000 SqFt
Retail Space: 5,000 SqFt
Rent is $25,000.00/Month
Parking Spaces: 10
Registers: 5

Dispensary #9 Harborside, Retailer: 1965 Marina Blvd. Unit C, San Leandro, CA
2024 Actual Sales $3,253,110 from Jan 1-Aug 31, On Pace to do $4,879,665
Space: 15,100 SqFt
Retail Space: 5,500 SqFt
Lot Size: 2.14 Acres
Rent is $41,525
Parking Spaces: 39
Registers: 6

Dispensary #10 Harborside, Retailer: 768 Stanyan St, San Francisco, CA
2024 Actual Sales $2,683,307 from Jan 1-Aug 31, On Pace to do $4,024,960
Space: 1,690 SqFt
Retail Space: 1,690 SqFt
Rent $7,725/Month
Registers: 3

Dispensary #11 Harborside, Retailer, Event Organizer License Distributor: 1840 Embarcadero, Oakland, CA
2024 Actual Sales $8,161,339 from Jan 1-Aug 31, On Pace to do $12,242,008
Space: 10,096 SqFt
Retail Space: 9,500 SqFt
Rent is $47,026
Parking Spaces: 18
Registers: 7

Dispensary #12 Harborside, Retailer: 66205 Paul Road, Desert Hot Springs, CA
They Own the Property
Property Estimated Value: $6M
Not in Operation
Space: 4,800 SqFt
Retail Space: 4,800 SqFt
Parking Spaces: 26
Registers: 5

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

Cultivation Properties/Assets included-

Harborside Farms, (15) Small Mixed Light Tier 2, Nursery, Processor, Distributor:26889 Encinal Road, Salinas, CASpace: 47.23 Acres
Property Estimated Value: $11M
Loudpack Manufacturing Type 7, Distributor, Nursery, Processor: 900 Cherry Ave., Greenfield, CA 93927Space: 11,500 SqFt/Each Greenhouse
Property Estimated Value: $23M
Greenhouses: 8
Parking Spaces: 77

To obtain a full list of ASSETS call or email Drew (619) 653-0483, ceo@glbgroupinc.com

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 any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Drew Mathews, DRE CA LIC# 02091143

If you have any questions Call Drew (619) 653-0483

Email: ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.