Mr. Ed Schmults reports

STATEHOUSE CONFIRMS RESUMPTION OF TRADING

The Canadian Securities Exchange has advised that Statehouse Holdings Inc.'s common shares have resumed trading effective today, Thursday, Aug. 8, 2024. Trading resumed following the revocation of the previously announced failure-to-file cease trade order (FFCTO) issued by the Ontario Securities Commission (the OSC) after the company successfully filed its financial results for the three-month period ended March 31, 2024 (Q1 2024), and the three-month (Q4 2023) and 12-month (FY 2023) periods ended Dec. 31, 2023.

About Statehouse Holdings Inc.

Statehouse, a vertically integrated enterprise with cannabis licences covering retail, major brands, distribution, cultivation, nursery and manufacturing, is one of the oldest and most respected cannabis companies in California. Founded in 2006, its predecessor company, Harborside, was awarded one of the first six medical cannabis licences granted in the United States. Today, the company operates 11 dispensaries covering northern and Southern California, an integrated cultivation facility in Salinas, and manufacturing in Greenfield, Calif. Statehouse is a leading brand house in California by market share, with a diversified product across multiple brands, form factors and price points. Statehouse sells its six popular house brands to over 600 retailers across California, including Kingpen, Dime Bag, Loudpack, Fuzzies, Sublime, Urbn Leaf and the Smokiez line of products. Statehouse is a publicly listed company, currently trading on the Canadian Securities Exchange under the ticker symbol STHZ and the OTCQB under the ticker symbol STHZF. The company continues to play an instrumental role in making cannabis safe and accessible to a broad and diverse community of California and Oregon consumers.

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