StateHouse Holdings Appoints Zed Schlott as Vice President of Retail

Cannabis industry veteran brings over a decade of experience in retail operations, leadership and business analysis

SAN DIEGO and TORONTO, Sept. 28, 2023 (GLOBE NEWSWIRE) -- StateHouse Holdings Inc. ("StateHouse" or the "Company") (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced the appointment of Zed Schlott to the role of Vice President of Retail.

Schlott is a cannabis industry innovator with more than a decade of experience in retail operations, management and sales. He joins the California-focused enterprise after spending more than six years at LivFree Wellness, LLC and its parent company, Ayr Wellness Inc., a leading vertically integrated U.S. multi-state cannabis operator. In his most recent role as the Vice President of the West Region, Schlott helped integrate 800 employees across Nevada and Arizona with 200,000 square feet of cultivation, 4 manufacturing facilities and 9 retail operations.

“We look forward to having Zed join our team as we begin the next chapter of our journey,” said Ed Schmults, CEO of StateHouse. “StateHouse has successfully merged the shared history of the four companies through cannabis production, activism and advocacy in a unique manner. This would not be possible without the commitment and talent of our invaluable team members. Zed’s vast experience and insight will bring an added dimension that is helpful as we take our company to the next level.”

“I am thrilled to begin my journey with a forward-thinking company like StateHouse that is committed to excellence,” said Zed Schlott, Vice President of Retail at StateHouse. “I began my journey within the cannabis industry as a budtender. Throughout my career, I have remained connected to those on the ground level of retail and sales as a way to understand every level of the retail experience. Using this philosophy, I aim to embrace every member of the StateHouse family and build a unified collective of cannabis professionals who are committed to elevating the cannabis industry one sale at a time.”

Schlott joins StateHouse in their mission to innovate every aspect of the emerging and dynamic cannabis sector. In Q2 of 2023 the Company secured additional capital from Pelorus Capital Group (“Pelorus”) to execute its long-term growth plan, restructured its marketing department to enhance digital and granular marketing efforts, resulting in the Company’s Dime Bag brand growing by 41%, and saw improved the quality and quantity of its flower grown at its Salinas, California facility through strategic cultivation advancements lead by Vice President of Cultivation, Travis Higginbotham. In addition, the Company recently entered into a managed service agreement with Pelorus to manage the operations at Willow Creek located in Humboldt County, California for an initial 18-month term.