Category: receivership

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Marijuana cultivator, retail franchiser Item 9 Labs seeks sale of business

Item 9 Labs Corp., the parent company of marijuana retail franchise business Unity Rd. and Arizona cultivator Item 9 Labs, has retained […]

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Alternatives to Bankruptcy for Cannabis Companies: Part 3

Alternatives to Bankruptcy for Cannabis Companies: Part 3

Part 1 of this series discussed the lack of bankruptcy protections for cannabis companies, since bankruptcy in the U.S. is an exclusively […]

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Cannabis Receiverships: A Viable Alternative to Bankruptcy

Cannabis Receiverships: A Viable Alternative to Bankruptcy

Doing business in California’s legal cannabis industry remains a risky endeavor. The majority of the industry is still unlicensed, tax rates at […]

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Solutions & Alternatives to Bankruptcy for Cannabis Businesses

Solutions & Alternatives to Bankruptcy for Cannabis Businesses

A Cannabis Related Business (or CRB), whether a plant-touching operation or a provider of goods and services to plant-touching operations cannot seek […]