Cannabis business Skymint to hit auction block | Crain's Detroit Business
Receiver Gene Kohut told Crain's he expects the judge to approve the auction process by the end of June.
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Receiver Gene Kohut told Crain's he expects the judge to approve the auction process by the end of June.
Dimondale-based cannabis company Green Peak Industries, which operates under the name, Skymint is sinking quickly.
According to arguments in the hearing, 3Fifteen had used more than $600,000 from the accounts in question at Live Life Credit Union to pay leases and payments linked to the acquisition.
In multiple lawsuits, Jeff Radway, who founded the Lansing-based vertically-integrated marijuana company in 2018, is accused of mismanagement of funds.
Cannabis company Skymint has been going through a rough patch lately. Its CEO and chairman, Jeff Radway, who founded Skymint in 2018, bid farewel...