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Tag: Cannabis receivership
4Front Initiates Bankruptcy and Insolvency Act Proceedings in Canada
PHOENIX - 4Front Ventures Corp., a vertically integrated cannabis operator, has made an assignment into bankruptcy pursuant to the Canadian Bankruptcy and Insolvency Act.
The company...
Gold Flora Corporation Files for Receivership
COSTA MESA, Calif. - Gold Flora Corporation, a cannabis company with subsidiaries operating across California, filed for a voluntary receivership under the laws of the...
Bankrupt High Times Sees Fire Sale of Assets
LOS ANGELES – High Times magazine and the sprawling but bankrupt empire that owns it are for sale piecemeal to whoever offers the most...
Assessing the Value of Distressed Assets
New investment in the cannabis industry has slowed due to a combination of stifling regulations, economic uncertainty, lack of access to capital, and restrictive...