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April 3, 2023
At least four other marijuana companies are currently under the direction of a court-ordered receiver, according to data obtained by Crain's from the Michigan Cannabis Regulatory Agency.
March 18, 2023
TerrAscend said it effectively overpaid for both Gage and Pinnacle as value in the Michigan market plummeted due to product oversupply and increased competition.
March 17, 2023
TerrAscend said it effectively overpaid for both Gage and Pinnacle as value in the Michigan market plummeted due to product oversupply and increased competition.
March 13, 2023
SunStream Bancorp said in a press release Monday it would pay existing employees and "certain" management while the receiver worked to stabilize finances or prepare the business for a sale.