{"id":1078,"date":"2021-12-06T16:41:31","date_gmt":"2021-12-06T20:41:31","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/cannabis\/?p=1078"},"modified":"2025-02-25T16:06:43","modified_gmt":"2025-02-25T20:06:43","slug":"harborside-to-combine-with-urbn-leaf-and-loudpack-to-create-statehouse-holdings","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/cannabis\/2021\/12\/06\/harborside-to-combine-with-urbn-leaf-and-loudpack-to-create-statehouse-holdings\/","title":{"rendered":"Harborside to Combine with Urbn Leaf and Loudpack to Create StateHouse Holdings"},"content":{"rendered":"<p>Harborside Inc. (CSE: HBOR), (OTCQX:\u00a0HBORF) a\u00a0<span class=\"xn-location\">California<\/span>-focused, vertically integrated cannabis enterprise, is pleased to announce that it has entered into definitive agreements to acquire UL Holdings Inc. (\u201cUrbn Leaf\u201d),\u00a0 a top <span class=\"xn-location\">California<\/span>\u00a0cannabis retailer with a dominant position in\u00a0<span class=\"xn-location\">Southern California<\/span>\u00a0 and\u00a0 LPF JV Corporation (\u201cLoudpack\u201d), a leading manufacturer, cultivator and distributor of award-winning cannabis brands in\u00a0<span class=\"xn-location\">California<\/span> . Following completion of the Transactions, Harborside is expected to be renamed StateHouse Holdings \u00a0(\u201cStateHouse\u201d), subject to shareholder and regulatory approval.<\/p>\n<p>Duane Morris partner Nanette Heide, who led the team that acted as\u00a0<span class=\"xn-location\">United States<\/span> legal counsel to Harborside, commented, &#8220;We are super proud of Harborside for taking on the challenge of pursuing two opportunities almost simultaneously and delighted to be the legal team that led them through this intense process.\u201d<\/p>\n<p>To learn more about the transaction, please <a href=\"https:\/\/www.newcannabisventures.com\/harborside-to-combine-with-urbn-leaf-and-loudpack-to-create-statehouse-holdings\/\" target=\"_blank\" rel=\"noopener\">visit the <em>New Cannabis Ventures<\/em> website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harborside Inc. (CSE: HBOR), (OTCQX:\u00a0HBORF) a\u00a0California-focused, vertically integrated cannabis enterprise, is pleased to announce that it has entered into definitive agreements to acquire UL Holdings Inc. (\u201cUrbn Leaf\u201d),\u00a0 a top California\u00a0cannabis retailer with a dominant position in\u00a0Southern California\u00a0 and\u00a0 LPF JV Corporation (\u201cLoudpack\u201d), a leading manufacturer, cultivator and distributor of award-winning cannabis brands in\u00a0California . &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/cannabis\/2021\/12\/06\/harborside-to-combine-with-urbn-leaf-and-loudpack-to-create-statehouse-holdings\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Harborside to Combine with Urbn Leaf and Loudpack to Create StateHouse Holdings&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[130,816,819,818,817],"ppma_author":[714],"class_list":["post-1078","post","type-post","status-publish","format-standard","hentry","category-general","tag-california","tag-harborside-inc","tag-retail","tag-statehouse","tag-urbn-leaf"],"authors":[{"term_id":714,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","author_category":"1","last_name":"Sullivan","first_name":"Margaret","job_title":"","user_url":"http:\/\/www.duanemorris.com","description":"<a href=\"http:\/\/www.duanemorris.com\">Visit the Duane Morris website.<\/a>"}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/posts\/1078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/comments?post=1078"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/posts\/1078\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/media?parent=1078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/categories?post=1078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/tags?post=1078"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/ppma_author?post=1078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}