san diego, January 23, 2023 /PRNewswire/ — The marijuana industry has continued to be volatile recently as marijuana business evaluations continue to decline rapidly. The hardships of 2022 have been forcing industry operators to close operations and take their operations to the open market. Green Life Business, a leader in the mergers and acquisitions industry, has been seeing an influx of operators looking to sell their cannabis businesses. As troubled marijuana businesses continue to enter the market, many of them have fallen into court-ordered receivership.
As it turns out, the court-ordered receivership opportunity is not a red flag for carriers and MSO’s, but an excellent opportunity for a larger carrier or MSO to come in and acquire these struggling businesses. A marijuana business represented by a court-ordered receivership has a judge’s stamp of approval that releases the business from any prior liens or debts to the next owner. This is a great opportunity for the company to capitalize on a clean canvas opportunity that offers upside and a lower entry point.An example is a large-scale cannabis cultivation, manufacturing and distribution operation located in one of mecca of california marijuana industry, Humboldt, California The business has the ability to be fully vertically integrated with the option to purchase real estate. The uncertainty of the market in 2022 makes the operator inclined to acquire not only the enterprise, but also the real estate of the project, because it owns not only the enterprise, but also the real estate, thus providing the operator with more influence and security.
While 2022 is expected to be a roller coaster year not just for the cannabis industry but for many others, 2023 kicks off with positive growth for the industry as a whole.The cannabis industry, which has proven resilient to recessions and pandemics, will continue to grow steadily as United States Closer to federal legalization. Takeover opportunities continue to attract buyout groups as a depressed market opens the door to strategic acquisitions and price cuts across the industry create a buyer’s market.
View the original content: https://www.prnewswire.com/news-releases/large-scale-humboldt-cannabis-cultivation-business-finds-court-ordered-receivership-representation-301728731.html
SOURCE Green Living Business Group Inc.
