Stem Holdings, Inc. operates as a real estate holding company. The Company is focused on providing properties to growers and sellers in the regulated cannabis industry. It purchases, and leases real estate properties in the United States. Its real estate properties are utilized as either state-licensed cannabis selling retail establishments or state-licensed cannabis growing facilities in the State of Oregon. The Company also provides funding of capital, tenant improvements and administration of its leases and financing to lessees that engage in the cultivation, processing and sale of cannabis. The Company's leasing properties include the Willamette property, 42nd Street property, Mulino property, and Powell property. The Company has one wholly owned subsidiary, Patch International, Inc.