Debra BorchardtSeptember 25, 2023
The Judge stated Hacienda can sell its Lowell Farms stock to pay its lenders.
Tag: bankruptcy
Debra BorchardtSeptember 25, 2023
John SchroyerMarch 3, 2023Court ruled that a worker's connection to a federally illegal industry makes him ineligible.
Lydia KibetAugust 20, 2020
On Wednesday, 12 August 2020, Pharmagreen Biotech Inc. (OTC:PHBI) filed bankruptcy protection in the US Bankruptcy for the District of Nevada due to lender notes, condemning the COVID-19 pandemic for its massive disruption, which has affected its operations. The recent outbreak of the novel coronavirus COVID-19, which was declared a pandemic by the World Health […]
Debra BorchardtJuly 20, 2020
GenCanna, one of Kentucky’s largest hemp companies, filed for voluntary Chapter 11 reorganization with the U.S. Bankruptcy Court in the Eastern District of Kentucky earlier this year in February. One problem with GenCanna’s bankruptcy filing though was that MariMed (OTC:MRMD) was one of the largest shareholders in the company. It had a $34 million claim […]
Debra BorchardtMay 20, 2020
Green Growth Brands Inc. (OTCQB: GGBXF) had earlier this week announced that it had defaulted on its debentures due this month, now it is headed to the Canadian equivalent of bankruptcy. Green Growth said that has filed for insolvency protection under the Companies’ Creditors Arrangement Act (Canada) and obtained an order from the Ontario Superior Court of […]
Debra BorchardtOctober 29, 2019DionyMed Brands Inc. (CSE: DYME; OTCQB: DYMEF) is headed to bankruptcy. The cannabis company had been unable to meet the demands of its creditors and announced today it was unable to attract a viable transaction to restructure its debts. The company also said tried to seek a sale of its assets outside of a court […]
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