Stem Holdings, Inc.
stemholdings.comNo Longer Reporting
The company has not filed an annual or quarterly report since its FY2023 10-K, filed May 24, 2024. Its latest SEC filing is a 15-12G/A from Sep 16, 2024.
10-K for FY2023, filed May 24, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Operated cannabis cultivation, processing, retail, distribution and delivery businesses, selling branded cannabis products to consumers and wholesale customers.
10-K for FY2023, filed May 24, 2024Stem Holdings, Inc. (“Stem” or the “Company”) is a Nevada corporation incorporated on June 7, 2016, and operated as an omnichannel…View ↗
Revenue is recognized upon transfer of retail merchandise to the customer upon sale transaction, at which time its performance obligation…View ↗
The Company sells retail products directly to customers. In these sales there is no formal contract with the customer. These sales have…View ↗
Who Were Their Customers?
Consumers buy retail products directly, while wholesale customers receive product deliveries.
10-K for FY2023, filed May 24, 2024Revenue is recognized upon transfer of retail merchandise to the customer upon sale transaction, at which time its performance obligation…View ↗
The Company sells retail products directly to customers. In these sales there is no formal contract with the customer. These sales have…View ↗
The Company sells its products directly to consumers. In this case these sales represent a performance obligation with the sales and any…View ↗
Did Revenues Turn Into Profits?
No. It lost $17.4M in FY2022.
How Were They Changing?
Cannabis operations discontinued
The older report described a multi-state cannabis operator pursuing additional acquisitions; the latest says it discontinued cannabis operations and its cannabis assets are held for sale.
10-K for FY2020, filed Dec 28, 2020 10-K for FY2023, filed May 24, 2024Stem Holdings, Inc. (“Stem” or the “Company”) is a Nevada corporation incorporated on June 7, 2016, and operated as an omnichannel…View ↗
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