CTrust’s Trust Services (“TS”) is a legal framework allowing companies and creditors to reorganize and/or monetize their assets without Court invention as an alternative to Receivership.
Within the TS framework, once a cannabis company’s score falls below the Allowed Risk Tolerance, two likely outcomes will ensue:
- Reorganization – the cannabis company’s assets will be transferred to the Trust and managed by the pre-approved Trustee.
- Liquidation – the cannabis company’s assets will be liquidated on our proprietary online platform (“Project Cobra”).
Our goal is to create material cost savings, help recover most if not all assets, and keep the business in question alive and healthy.