Company Description
STEM Holdings, Inc. (STMH) is a vertically integrated cannabis operating company headquartered in Boca Raton, Florida. Established in 2016, the company has grown to become a key player in the cannabis industry, focusing on the production, distribution, and sale of cannabis and cannabis-infused products across various states. The company's operations span across Oregon, Nevada, California, Massachusetts, Maryland, and Oklahoma.
STEM Holdings, Inc. operates through a robust business model which involves purchasing, improving, leasing, operating, and investing in properties intended for cannabis production and distribution. As of September 30, 2020, the company holds ownership interests in 22 state-issued cannabis licenses, including 9 for cannabis cultivation, 3 for cannabis production, 5 for cannabis processing, 1 for cannabis wholesale distribution, 1 for hemp production, and 10 for cannabis dispensaries. These licenses enable the company to maintain a significant presence in the cannabis market and support its vertically integrated operations.
Recent achievements for STEM Holdings, Inc. include expanding its portfolio of licenses and enhancing its production capabilities. The company continues to work on various projects aimed at consolidating its market position and increasing its production and distribution efficiency. Financially, STEM Holdings, Inc. remains committed to optimizing its operations and exploring new opportunities for growth through strategic partnerships and investments.
For investors and stakeholders, STEM Holdings, Inc. represents a comprehensive approach to the cannabis industry, balancing production, distribution, and retail to maximize value. The company is continually advancing towards its goal of becoming a leading cannabis operator, leveraging its licenses and expertise to deliver high-quality products to the market.
Stay updated with the latest news and developments from STEM Holdings, Inc. to ensure you have the most current information about the company's performance and strategic initiatives.
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No SEC filings available for Stem Hldgs.