Tag: Investing

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City View Green weighs spinoff amid strategic review, debt deal

City View Green Holdings (CSE: CVGR) (OTCQB: CVGRF) is considering spinning off its cannabis edibles subsidiary as part of a broader overhaul. The announcement comes just months after settling millions of dollars worth of debt and abandoning its facility ownership strategy. The Canadian cannabis manufacturer said Wednesday it’s evaluating several …

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Michigan companies enter receivership as part-owner faces mounting legal troubles

This story was republished with permission from Crain’s Detroit. Jackson-based marijuana processor Choice Labs and its parent company, Au Gres-based cultivator Glorious Cannabis Co., entered into court-sponsored receivership last week as investigations and lawsuits pile up against one of their owners. The receivership is a legal move by… Please login …