[PRESS RELEASE] – SEVILLE, Ohio, Sept. 2, 2025 – Standard Wellness Holdings LLC, a leading vertically integrated cannabis company, announced the acquisition of GreenBud LLC, which operates as Greenstock, a licensed dispensary in Seville, Ohio. The acquisition brings Standard Wellness' total number of operating dispensaries in Ohio to four and further solidifies its position as a key player in the state's burgeoning cannabis market. This transaction, which has a total consideration was $1.35 million, has been approved by the company's regulators.
The strategic acquisition of Greenstock aligns with Standard Wellness' growth strategy. With the new Seville location, the company is now operating in four key markets across Ohio, with plans to add four more dispensaries over the next 12 to 18 months. The expansion is a testament to Standard Wellness' commitment to providing safe, legal and convenient access to high-quality cannabis products to patients across the state.
"We are excited to welcome the Greenstock team and their customers to the Standard Wellness family," Standard Wellness CEO Jared Maloof said. "This acquisition is a significant step in our strategic plan to expand our retail footprint and better serve the Ohio community. The Greenstock dispensary has a strong reputation for customer service, and we look forward to building on that foundation as we continue to grow. We are excited to announce that a drive-thru is currently under construction and will be available to the public in the very near future."
SSC Advisors acted as the financial adviser to Standard Wellness on the transaction. Tom Haren of the firm Frantz Ward provided legal counsel for Standard Wellness on the transaction.
