Receivership for Cannabis Industry Business Investors

As an investor in cannabis industry businesses, you know that some businesses do well and others fail…it’s just the nature of every industry.

Since cannabis business cannot file for Federal bankruptcy protection, what can you do?

With equity investments, you’re most likely out of luck, BUT if you made a loan to a cannabis business, then you have an option to help you recover capital and it’s called receivership.

And one detail to note is that investors can act independently with the Court system to recover losses, they don’t need the business to grant them any permission.

Maybe you don’t want to get cash…maybe you want to take over the entire business, which is one part of what we will discuss. We will even cover how you can buy the business with no additional capital, just your initial investment.

In this video, we will cover:
+ What is Receivership?
+ The Role of Receivers & Extent of Power
+ How Investors Can Use Receivership
+ Why Investors Should Consider Receivership
+ Rescue deteriorating collateral
+ Eliminate mismanagement and intentional misconduct
+ Insulate a secured creditor from lender liability
+ Freeze & cease all other creditor actions
+ Buy the business outright with your initial investment
+ Receivership Process

If you have questions about receivership for cannabis businesses, then please reach out to our team today: https://greengrowthcpas.com/get-started/ or call 800-674-9050.

Additional video on receivership for cannabis businesses: https://www.youtube.com/watch?v=eIbtEJkxJkA&feature=youtu.be