Co-founder Of Embattled Calif. Pot Brand Lists Orange County Mansion For $60M
Last year, Huang shelled out $38 million for the home
Thousands of entrepreneurs have lost money in California’s troubled legal cannabis industry, but selling pot has clearly been profitable for Tony T. Huang, the co-founder of the hugely popular brand Stiiizy.
Last year, Huang shelled out $38 million for a Mediterranean mansion in the exclusive Crystal Cove area of Newport Beach — the most expensive home sale of 2024 for the upscale county. And if that weren’t enough, Huang has since relisted the address for sale at a 58% markup for $60 million, according to the Orange County Register.
The 18,000-square-foot home includes six bedrooms, 12 bathrooms, a 10-car garage and an oversized infinity pool that offers sweeping views of the Pacific Ocean, according to the listing with Pacific Sotheby’s International Realty. The property is in a gated community that’s protected by 24-hour guards.
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