)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
StateHouse
StateHouse (STHZ) investor relations material
StateHouse has been otc
StateHouse Q2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2024 earnings summary29 Aug, 2024
Executive summary
Q2 2024 net revenue rose 10% year-over-year to $27.8 million, with gross margin at 50.8%.
Achieved positive net income of $0.2 million, reversing a net loss of $2.1 million in Q2 2023.
Adjusted EBITDA improved to $4.9 million from $0.9 million in Q2 2023, driven by cost-saving measures and new product launches.
24 new products launched in the past year now account for 15% of 2024 year-to-date sales.
Financial highlights
Retail revenues were $13.5 million (48.5% of sales), branded wholesale/manufacturing $10.7 million (38.5%), and cultivation $3.6 million (12.9%).
Gross profit before biological asset adjustments was $14.1 million, up from $12.3 million in Q2 2023.
Consolidated adjusted gross margin increased to 50.8% from 48.6% year-over-year.
Cultivation revenue surged 203.5% year-over-year, driven by higher yields and premium product quality.
Outlook and guidance
Management expects to maintain momentum with continued focus on cost reduction and product innovation.
Plans to leverage expertise as California's cannabis market expands.
Board and management are developing a strategy to strengthen the balance sheet and negotiate debt restructuring.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from StateHouse
StateHouse
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
StateHouse Holdings Inc., formerly Harborside Inc., engages in the cultivation, manufacture, distribution, wholesale, and retail of cannabis and cannabis products for the adult-use and medical markets in California. The company operates through Cannabis Operations; Real Estate Operations; and Ancillary Business Operations segments. The Cannabis Operations segment grows and distributes cannabis to dispensaries at wholesale prices with a retail store facility located in Oakland that provides a range of cannabis products for the adult-use and medical markets.