StateHouse Announces Canadian Parent Enters Bankruptcy Proceedings in Canada following Initiation of Receivership Proceedings in the U.S.
SAN DIEGO and TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today announced that StateHouse has made an assignment into bankruptcy pursuant to Canada’s Bankruptcy and Insolvency Act (the “Bankruptcy Proceedings”). On September 25, 2024, Pelorus Fund REIT, LLC filed a complaint in the San Diego Superior Court seeking, among other remedies, that StateHouse