As you know, cannabis is a tough industry to be successful in…especially with high costs, heavy taxes, and extreme competition.

It’s not only tough for the operators, but it can also be tough for investors to watch their investment struggle to provide a positive return.

Since bankruptcy is not an option for cannabis businesses, the next best option could be receivership.

Receivership allows a court-appointed person to either attempt to turn the business around or help liquidate assets and pay off obligations including debt owed to investors, but of course, there are many nuances to the process.

Watch Our Webinar on Cannabis Business Receivership

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