by Sara Gilgore and Pete Danko www.bizjournals.com Eight years after Giadha DeCarcer founded D.C. research firm New Frontier Data to bring information and transparency to the then-nascent legal cannabis industry, she’s now setting out to help clear another massive hurdle in the space: access to capital. It’s no shock that institutional investors and others…
By Dotan Y. Melech, Benzinga Contributor New investment into the cannabis industry has recently slowed down due to a combination of stifling regulations, economic uncertainty, lack of access to capital and restrictive banking options. That said, increased quantifiable visibility into cannabis businesses’ operations and financial performance will allow a skilled…
Giadha A. DeCarcer appointed CEO after eight years founding and leading New Frontier Data DALLAS, Nov. 02, 2022 — After almost a decade of research and development, CTrust introduces the first of its kind cannabis business credit score – Cannabis Trust Score (CTS) – providing a sophisticated, comprehensive and tested formula to assess investment…
by Robert Hoban Contributor www.forbes.com The cannabis industry and its participants are caught up in a seemingly endless hunt for capital sources. The early days of the commercially regulated cannabis industry witnessed an abundance of equity investment. Often, this came in absurd amounts based on jaw-dropping valuations across the United…
Until cannabis is legalized at the federal level, the inability to declare bankruptcy means that a cannabis receivership will remain the best option for distressed cannabis businesses to find relief, return to solvency, or distribute assets to creditors or debtors. But a receivership can be very expensive. The need for analysis and…
Cannabis receivership typically takes one of two paths. In some cases, it enables distressed cannabis businesses to rebound and become solvent. But when that’s just not possible, it’s an avenue to organize and liquidate assets for creditors and / or investors to recoup some value. Since businesses in this industry cannot…
Financial and Operational Models to Success When approaching a tough situation where a company in distress needs to either try to save itself or negotiate debt, lawyers might be inclined to recommend Chapter 11. This well-known reorganization plan, conducted through federal bankruptcy courts, offers a business the ability to stay afloat,…
Given that federal prohibition of cannabis means there is no bankruptcy protection for licensed businesses in state-regulated markets, a receivership is often the best—and only—alternative to reorganize or restructure a distressed business. However, this process can be a challenge because most states do not have cannabis receivership laws or regulations…
Financial and Operational Models to Success Cannabis receivership exists in the void created by federal law that prevents distressed cannabis interests from declaring bankruptcy. It is a logical alternative that provides investors and creditors an opportunity to either turn struggling businesses into stable enterprises or retrieve some measure of return before…
The cannabis industry is booming. But with every boom comes an inevitable bust. There are thousands of dispensaries across the country in legal medical and adult-use markets, and they’re supported by myriad businesses in the supply chain and ancillary service providers—cultivation facilities, processors, manufacturers, distributors, security entities, point-of-sale software tech, real estate, accounting ……
With cannabis still listed as a Schedule I controlled substance at the federal level, the ability for cannabis businesses to file for bankruptcy protection remains off the table. However, receivership is a viable option that offers many benefits for an enterprise in distress. In cannabis receivership conducted through the courts, debts can be resolved,…
As states continue to give the green light to medical cannabis programs and / or adult-use recreational sales, entrepreneurs are jumping at the chance to get their piece of the proverbial pie. But many with entrepreneurial dreams of taking advantage of the rapidly growing U.S. cannabis market and seemingly endless consumer demand…