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StateHouse Holdings Inc. to Offer Products from Sungrown Craft Cannabis Brands, Swami Select and Sonoma Hills Farm, at Harborside and Urbn Leaf Stores

C.STHZ

Proudly reintroducing craft sungrown cannabis brands as part of StateHouse's commitment to supporting small-scale California growers

SAN DIEGO and TORONTO, Nov. 10, 2022 /PRNewswire/ -- StateHouse Holdings Inc. ("StateHouse" or the "Company") (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced that the sungrown craft cannabis brands, Swami Select and Sonoma Hills Farm, will be available beginning Nov. 10 and Nov. 21, respectively, at Harborside Oakland, Harborside San Jose and Urbn Leaf San Diego.

By its very nature, sungrown is the most natural method of cultivating cannabis, especially when paired with regenerative farming techniques. Prioritizing soil health and energy efficiency yields cannabis that is not only good for the environment, but is also of the highest sustainable quality. With a focus on California – one of the few states in which outdoor grows are feasible – StateHouse is committed to supporting small-scale sungrown cannabis farmers, and believes offering sungrown products provides a platform for the Company's growth and success.

"Sungrown is an integral part of California cannabis, so we are thrilled to support small-scale outdoor growers and bring California sungrown craft brands like Swami Select and Sonoma Hills Farm to Harborside and Urbn Leaf," said Ed Schmults, Chief Executive Officer of StateHouse. "As with wineries that have cultivated complex, full-body wines with notable varietals and stellar vintages, sungrown craft cannabis brands focus on rich flavors, terpene profiles and terroir. We celebrate the integrity and stewardship that craft outdoor cannabis growers stand for. With regenerative practices, organic farming principles and a passion for enduring strain diversity, craft growers like Swami Select and Sonoma Hills Farm uphold the standard for sustainably produced cannabis that offers enjoyable consumption experiences like no other."

Angela Pih, StateHouse's Head of Marketing added, "Harborside and Urbn Leaf respect the commitment of regenerative craft growers; the quality of premium award-winning cannabis; and the experience that comes from consuming plants that have reached their full genetic potential because they have been grown in living soil and under full-spectrum sunlight. Similar to organic farming, regenerative farming is a healthier option for both the environment and consumers, so if you care enough about your health to buy organic in the grocery store, you should be looking at cannabis the same way. Not only is the overall flavor markedly better, but so are the plant's cannabinoid and terpene levels."

Swami Select cannabis is grown outdoors in living soil and full sunlight, using only regenerative and responsible methods. Swami Select has been certified for growing with pure organic methods by the Clean Green Certified program since 2011. Dragonfly Earth Medicine (DEM Pure), which recognizes cultivators who set the standard of regenerative sustainable farmers, has also certified Swami Select since 2017.

"The thing about growing outdoors, growing in the sun, is that it teaches you how to grow; your life is enriched just by having that live plant in your garden," said Swami Chaitanya, Founder of Swami Select. "At Ganja Ma Gardens, we employ proven techniques like hugelkultur and composting so our plants develop more florid terpene profiles; produce richer aromas and flavors; and attain stacked cannabinoid profiles for potent effects."

Sonoma Hills Farm is the first CCOF OCal-certified organic farm in the U.S. and is led by VP of Cultivation, Aaron Keefer, the former culinary gardener for the The French Laundry and Thomas Keller Group. Sonoma Hills Farm collaborates with Michelin-starred chefs and leading geneticists to cultivate the highest expression of sungrown cannabis, hemp and vegetables.

Mr. Keefer commented, "Our intention is to bridge cannabis with Sonoma's rich agricultural legacy by introducing craft cannabis to the farm-to-table lifestyle. We believe that the highest expression of cannabis comes from growing it directly in living soil, under the sun and moon, which allows each plant to reach its full genetic potential."

Swami Select and Sonoma Hills Farm will provide budtender education prior to product launch. Each brand will have email, social and online support; a dedicated in-store merchandising display; and will offer consumer education demo days.

About Swami Select

Swami Select mindfully cultivates craft cannabis in native Mendocino soil under the full sun, moon, and stars in the heart of Northern California's famed Emerald Triangle. Through our commitment to regenerative, responsible farming methods, we provide conscious connoisseurs with premium cannabis flowers for inspirational use.

About Sonoma Hills Farm

Sonoma Hills Farm cultivates premium, pesticide-free craft cannabis sustainably under the California sun. Our intention at Sonoma Hills Farm is to bridge cannabis with Sonoma's rich agricultural legacy by introducing craft cannabis to the farm-to-table lifestyle. Our variety of genetics includes both classic and unique strains, curated to those seeking both high-THC flower and dynamic cannabinoid and flavorful terpene profiles that appeal to the sophisticated, experienced flower consumer. We selectively harvest each strain at peak trichome ripeness.

About StateHouse Holdings Inc.

StateHouse, a vertically integrated enterprise with cannabis licenses covering retail, major brands, distribution, cultivation, nursery and manufacturing, is one of the oldest and most respected cannabis companies in California. Founded in 2006, its predecessor company Harborside was awarded one of the first six medical cannabis licenses granted in the United States. Today, the Company operates 14 dispensaries covering Northern and Southern California and one in Oregon, distribution facilities in San Jose and Los Angeles, California and integrated cultivation/production facilities in Salinas and Greenfield, California. StateHouse is a publicly listed company, currently trading on the Canadian Securities Exchange ("CSE") under the ticker symbol "STHZ" and the OTCQX under the ticker symbol "STHZF". The Company continues to play an instrumental role in making cannabis safe and accessible to a broad and diverse community of California and Oregon consumers.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements'' (collectively, "forward-looking statements") within the meaning of the applicable Canadian and United States securities legislation. To the extent any forward-looking information in this news release constitutes "financial outlooks" or "future-oriented financial information" within the meaning of applicable Canadian securities laws, the reader is cautioned not to place undue reliance on such information. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates, and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects'', or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements include, among other things, statements relating to the potential rescheduling or de-scheduling of cannabis under the Controlled Substances Act, and the potential benefits of this change to StateHouse.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: implications of the COVID-19 pandemic on the Company's operations; fluctuations in general macroeconomic conditions; fluctuations in securities markets; expectations regarding the size of the cannabis markets where the Company operates; changing consumer habits; the ability of the Company to successfully achieve its business objectives; plans for expansion and acquisitions; political and social uncertainties; inability to obtain adequate insurance to cover risks and hazards; employee relations; the presence of laws and regulations that may impose restrictions on cultivation, production, distribution, and sale of cannabis and cannabis-related products in the markets where the Company operates; and the risk factors set out in the Company's management's discussion and analysis for the period ended March 31, 2022 and the Company's listing statement dated May 30, 2019, which are available under the Company's profile on www.sedar.com. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

The Company, through several of its subsidiaries, is directly involved in the manufacture, possession, use, sale, and distribution of cannabis in the recreational and medicinal cannabis marketplace in the United States. Local state laws where the Company operates permit such activities however, investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Cannabis remains a Schedule I drug under the United States Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis in the United States. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable United States federal money laundering legislation.

While the approach to enforcement of such laws by the federal government in the United States has trended toward non-enforcement against individuals and businesses that comply with recreational and medicinal cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under United States federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company. The enforcement of federal laws in the United States is a significant risk to the business of the Company and any proceedings brought against the Company thereunder may adversely affect the Company's operations and financial performance.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For the latest news, activities, and media coverage, please visit https://www.statehouseholdings.com, https://shopharborside.com and https://urbnleaf.com and connect with us on LinkedIn and Twitter.

For further information:
Angela Pih
Head of Marketing
800-892-4209

Cision View original content:https://www.prnewswire.com/news-releases/statehouse-holdings-inc-to-offer-products-from-sungrown-craft-cannabis-brands-swami-select-and-sonoma-hills-farm-at-harborside-and-urbn-leaf-stores-301673989.html

SOURCE StateHouse Holdings, Inc.



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