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Receivership is a step in which an individual is legally appointed to act as the owner/operator of a company’s assets or business operations. It’s typically invoked during legal proceedings, with the goal of maintaining the value of the assets in the case and carrying out the court’s wishes related to those assets; management, sale, abandonment.

Legal representation in this industry is a 2-sided legal environment. The cannabis laws and the barrier of federal court protection require counsel of very focused and high experience levels to represent the cannabis operator, tenant, investor, or lender.

However, this does not usually coincide with similar knowledge and experience in the state court civil options and specifically in situations where a receiver can be appointed to preserve the cannabis related added value assets.

If you have a loan, foreclosure, eviction, partnership problem then we can certainly recommend legitimate legal options and the best attorney recommendations.