StreetInsider.com News Articles

Pelorus Fund REIT Supports StateHouse Holdings' Initiation of Bankruptcy Proceedings in Canada

Fri, 11 Oct 2024 09:00:00 -0500

NEWPORT BEACH, Calif., Oct. 11, 2024 /PRNewswire/ -- Pelorus Fund REIT, LLC., ("Pelorus") – a private mortgage real estate investment trust and significant owner of debt issued by StateHouse Holdings Inc. ("StateHouse" or the "Company") (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today issued the following statement supporting StateHouse's decision to commence Bankruptcy Proceedings for the Company's Canadian parent entity.

"We are pleased at the progress made since we initially filed our Receivership complaint in September and to enter into a stipulation earlier this week

Pelorus Fund REIT Supports StateHouse Holdings' Initiation of Bankruptcy Proceedings in Canada

Fri, 11 Oct 2024 09:00:00 -0500

"We are pleased at the progress made since we initially filed our Receivership complaint in September and to enter into a stipulation earlier this week

Pelorus Fund REIT Supports StateHouse Holdings' Initiation of Bankruptcy Proceedings in Canada

Fri, 11 Oct 2024 09:00:00 -0500

"We are pleased at the progress made since we initially filed our Receivership complaint in September and to enter into a stipulation earlier this week

Pelorus Fund REIT Supports StateHouse Holdings' Initiation of Bankruptcy Proceedings in Canada

Fri, 11 Oct 2024 09:00:00 -0500

"We are pleased at the progress made since we initially filed our Receivership complaint in September and to enter into a stipulation earlier this week

Pelorus Fund REIT Supports StateHouse Holdings' Initiation of Bankruptcy Proceedings in Canada

Fri, 11 Oct 2024 09:00:00 -0500

"We are pleased at the progress made since we initially filed our Receivership complaint in September and to enter into a stipulation earlier this week

Pelorus Fund REIT Supports StateHouse Holdings' Initiation of Bankruptcy Proceedings in Canada

Fri, 11 Oct 2024 09:00:00 -0500

"We are pleased at the progress made since we initially filed our Receivership complaint in September and to enter into a stipulation earlier this week

StateHouse Announces Canadian Parent Enters Bankruptcy Proceedings in Canada following Initiation of Receivership Proceedings in the U.S.

Thu, 10 Oct 2024 19:26:00 -0500

SAN DIEGO and TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today announced that StateHouse has made an assignment into bankruptcy pursuant to Canada’s Bankruptcy and Insolvency Act (the “Bankruptcy Proceedings”).

On September 25, 2024, Pelorus Fund REIT, LLC filed a complaint in the San Diego Superior Court seeking, among other remedies, that StateHouse and its various subsidiaries be placed into receivership (the “Receivership Proceedings”). Additionally, Pelorus Fund REIT, LLC, Pelorus Fund LOC, LLC

StateHouse Announces Canadian Parent Enters Bankruptcy Proceedings in Canada following Initiation of Receivership Proceedings in the U.S.

Thu, 10 Oct 2024 19:26:00 -0500

StateHouse Announces Canadian Parent Enters Bankruptcy Proceedings in Canada following Initiation of Receivership Proceedings in the U.S.

Thu, 10 Oct 2024 19:26:00 -0500

StateHouse Announces Canadian Parent Enters Bankruptcy Proceedings in Canada following Initiation of Receivership Proceedings in the U.S.

Thu, 10 Oct 2024 19:26:00 -0500

StateHouse Announces Canadian Parent Enters Bankruptcy Proceedings in Canada following Initiation of Receivership Proceedings in the U.S.

Thu, 10 Oct 2024 19:26:00 -0500

StateHouse Announces Canadian Parent Enters Bankruptcy Proceedings in Canada following Initiation of Receivership Proceedings in the U.S.

Thu, 10 Oct 2024 19:26:00 -0500

Pelorus Fund REIT Files Complaint to Place StateHouse Holdings into Receivership

Thu, 26 Sep 2024 19:21:00 -0500

NEWPORT BEACH, Calif., Sept. 26, 2024 /PRNewswire/ -- Pelorus Fund REIT, LLC., ("Pelorus") – a private mortgage real estate investment trust and significant owner of debt issued to StateHouse Holdings Inc. ("StateHouse" or the "Company") (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today filed a complaint requesting the immediate appointment of a Receivership over the Company in the Superior Court of The State of California (the "Court").