SAN DIEGO and TORONTO, Oct. 4, 2022 - PRESS RELEASE - StateHouse Holdings Inc., a California-focused, vertically integrated cannabis enterprise, announced that it has entered into a strategic partnership with Nabis, one of California's largest cannabis distributors, under which the company is outsourcing all of its cannabis distribution.
Under the terms of the partnership, Nabis has assumed all of StateHouse's distribution obligations effective yesterday. Nabis has one of the leading cannabis wholesale platforms in California and is one of the largest cannabis distributors in the state. It is the ideal partner to ensure broad and efficient distribution of StateHouse's products.
Outsourcing distribution also enables the company to focus more on optimizing its retail and wholesale operations in California to expand margins and market share further.
"We are very pleased to enter this strategic partnership with Nabis, a strong and reliable distribution partner that has extensive reach across California," said Ed Schmults, chief executive officer at StateHouse.
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