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 business is completely shut down. With so many cannabis ventures opening across the country—dispensaries, manufacturers, transporters, real estate firms, cultivations, and so on—the cannabis industry will inevitably see more businesses struggle. Demand continues to grow for receivers who know how to successfully build operational and financial models for businesses to stay in operation and reach solvency.