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Excluded from Bankruptcy, Cannabis Industry Looks to Receivership

By Neil Sheaffer California has established itself as the world’s largest marijuana industry, with an estimated $3 billion in legal sales in 2019. Despite the large, robust legal market in California, the complex regulations, high state and local taxes, and...

Griswold Law: Receivership Services Amidst the Coronavirus Pandemic

At the time of writing this post, the number of Coronavirus (COVID-19) cases in the United States is rising. The World Health Organization (WHO) officially declared a pandemic. The Governor of California issued a “Stay-at-Home” Order to reduce the spread of the...

Receivership: The Remedy for Failing Cannabis Businesses in California

Cannabis businesses are not eligible for bankruptcy protection due to the federal prohibition against cannabis. Therefore, the receivership remedy is an effective path to address the struggles of a cannabis business. Seeking and obtaining a court-appointed receiver to...

Receivership Remedy for Illegal Marijuana Dispensaries in California

In California, a Health and Safety Receivership is an effective option to resolve code enforcement issues with residential and commercial properties. Health and Safety Receiverships commonly deal with substandard or abandoned properties when property owners fail to...