SEVILLE, Ohio, Sept. 2, 2025 /PRNewswire/ -- Standard Wellness Holdings, LLC ("Standard Wellness"), a leading vertically integrated cannabis company, today announced the acquisition of GreenBud, LLC, which operates as Greenstock, a licensed dispensary in Seville, Ohio. The acquisition brings Standard Wellness's 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, whose total consideration was $1.35 million has been approved by the Company's regulators.

The strategic acquisition of Greenstock aligns with Standard Wellness's 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 twelve to eighteen months. The expansion is a testament to Standard Wellness's 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," said Jared Maloof, CEO of Standard Wellness. "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 Financial Advisor to Standard Wellness on the transaction. Tom Haren of the firm Frantz Ward provided legal counsel for Standard Wellness on the transaction.

About Standard Wellness:

Founded in 2017 in Ohio, Standard Wellness is a vertically integrated cannabis company operating across Ohio, Missouri, and Utah, with affiliated cultivation, processing, and dispensary operations in Maryland. The Company operates seven retail locations under The Forest brand and has been a pioneer in the industry, including making the first-ever legal marijuana sale in Ohio through its dispensary The Forest Sandusky and the first ever delivery to a Utah pharmacy in February 2020.

With approximately 325 employees, Standard Wellness is dedicated to improving quality of life by providing safe and legal access to cannabis for medical and adult use.

For media inquiries, please contact:

Jared Maloof
Chief Executive Officer
Standard Wellness Holdings, LLC
Email: jmaloof@standardwellness.com

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SOURCE Standard Wellness Holdings, LLC