Harborside, a California-focused, vertically integrated cannabis enterprise, completed the acquisition of Urbn Leaf, a top California cannabis retailer with a dominant position in Southern California, and Loudpack, a manufacturer, cultivator and distributor of award-winning cannabis brands, for c. $100m. "Today's milestone gets us one step closer to the creation of StateHouse, a new leader in California's cannabis sector. We are grateful to the entire Urbn Leaf team that worked with us to finalize this transaction, including its seasoned CEO, Ed Schmults, who has been appointed as CEO and a director of Harborside," Matthew Hawkins, Harborside Chairman.