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Stem Holdings Announces Closing of Agreements to Sell Cannabis License in Massachusetts for $1.65 Million

BOCA RATON, Fla., April 18, 2022 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem”), a vertically integrated cannabis multi-state operator, is pleased to announce the closing of a stock purchase and note purchase agreement to sell its minority equity ownership interest in its Massachusetts cannabis license for a total of $1.65 million in cash on April 13, 2022.

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