Massachusetts Cannabis Receivership
grey birch associates protect license value and maximize creditor recovery in distressed Massachusetts cannabis matters. We are operators, not liquidators.
why cannabis assets need a specialized receiver
● The license lapses during proceedings — total loss of asset value
● CCC enforcement action is triggered — receivership becomes a revocation
● Employees leave — institutional knowledge walks out the door
● Vendors cut off supply — operations collapse before a buyer can be found
● Creditors recover a fraction of what the license was worth
our four-step process
Here's how we work.
Every GBA engagement follows a proven four-step process:
Step 1: Protect the License
From the moment we're appointed, our first priority is CCC compliance. We notify the Commission, file the required reports, and ensure the license stays active throughout proceedings. A lapsed license is a total loss. We don't let that happen.
Step 2: Stabilize Operations
We walk the floor. We talk to the staff. We quickly assess inventory, vendor relationships, cash position,and compliance status. We stop the bleeding before it becomes a hemorrhage.
Step 3: Maximize Recovery
With operations stabilized and the license protected, we work with creditors, courts, and the CCC to identify the path to maximum recovery — whether that's a going-concern sale, asset sale, or structured wind-down.
Step 4: Execute and Report
We provide transparent, timely reporting to all stakeholders — courts, creditors, and the CCC.
No surprises. No delays. No excuses.
Why Cannabis control Commission pre-approval matters
Faster appointment, no delays