The former head of a failed cannabis payment processor claims dozens of businesses are owed money and is urging a federal court not to release remaining funds to just one company seeking repayment. Dominique Villela, who briefly led Left Coast Financial Solutions as interim CEO, said in court documents obtained …
Body and Mind Inc. (CSE: BAMM) (OTC Pink: BMMJ) or BAMM is valiantly fighting for survival as the company announced that it received a credit facility agreement with Bengal Catalyst Fund, LP for up to $2.3 million, which the company said is intended to be fully drawn down. While telling …
There’s a reason why Scott Yahraus’s firm, Receivership Specialists, was requested by Pelorus Fund in its recent move to force StateHouse Holdings (CSE: STHZ) (OTCQB: STHZF) to be managed by a court-appointed receiver: the company’s been taking on such jobs for almost a decade in three states, and has managed …
The New York cannabis industry is finally starting to gain momentum, but some licensees are already ready to get out. The reasons for exits run the gamut from founder fatigue after two years of struggling to desire to just be a license flipper. But no matter the reason, they all …