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San Diego, January 23, 2023 /PRNewswire/ — Recently, the cannabis industry continues to fluctuate as the valuation of the cannabis business continues to plummet. The hardships of 2022 have consistently forced industry operators to shut down operations and take their operations to the public market. An industry leader in mergers and acquisitions, Green Life Business has consistently seen an influx of operators looking to sell their cannabis businesses. As distressed cannabis businesses continue to hit the market, many of these businesses end up in the hands of court-ordered receivers.
Rather than alert operators and multi-state operators (MSO’s), the court-ordered receivership opportunity is an excellent opportunity for large operators or MSOs to enter and acquire these distressed businesses. has been proven. A cannabis business represented by a court-ordered trustee has a judge’s stamp of approval releasing the business from the next owner’s previous lien or debt. This is a great opportunity for companies to take advantage of clean canvas opportunities that offer upside and a much lower entry point. An example of this is large-scale cannabis cultivation, manufacturing and distribution operations, Mecca of California cannabis industry, Humboldt CA. This business could be fully vertically integrated with options to buy real estate. Market uncertainty in 2022 will make operators more likely to acquire real estate in projects than just acquiring businesses.
While 2022 has been considered to be a rollercoaster year for the cannabis industry and many others, 2023 has started with positive increases across the industry. Proven to withstand recessions and pandemics, the cannabis industry will continue to see steady growth. usa Getting closer to federal legalization. Receivership opportunities continue to attract acquiring groups as the falling market opens the door for strategic acquisitions and creates a buyer market across industries.
View original content: https://www.prnewswire.com/news-releases/large-scale-humboldt-cannabis-cultivation-business-finds-court-ordered-receivership-representation-301728731.html
Source: Green Life Business Group Inc.
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