Urbn Leaf: Harborside Announces Business Combination with Urbn Leaf and Loudpack Creating StateHouse Holdings, a California Cannabis Company

Harborside Inc., a California-focused, vertically integrated cannabis enterprise, has announced that it has entered into definitive agreements to acquire UL Holdings Inc. (Urbn Leaf), a California cannabis retailer with a dominant position in Southern California, and LPF JV Corporation (Loudpack), a manufacturer, cultivator and distributor of award-winning cannabis brands in California. Following completion of the transactions, Harborside is expected to be renamed StateHouse Holdings, subject to shareholder and regulatory approval.