StateHouse Holdings is up for grabs to top bidder, either in whole or parts

Key Points
  • StateHouse Holdings, a single-state operator based in California, has officially been put up for auction, with the primary creditor looking to sell the company for over $100 million.
  • The company's assets are being marketed for sale by GreenLife Business Group, with the process starting on Nov. 12.
  • StateHouse Holdings is bankrupt, and the auction of its assets signifies a significant development in its financial situation.
  • To access the full article and details on the auction process, readers are required to log in.

The bankrupt single-state operator California-based StateHouse Holdings (CSE: STHZ) (OTCQB: STHZF) is formally on the auction block, with its primary creditor reportedly hoping to fetch north of $100 million for the entire company.

StateHouse’s assets were advertised for sale by GreenLife Business Group beginning on Nov. 12, CEO Drew Mathews told...

Please login to read all 523 words.

Discover