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The license will not wait. Neither should you.
If you are dealing with a distressed Massachusetts cannabis business, the window to protect asset value is shorter than you think. Call or write and you will hear back from a principal within one business day, if not the very same day. Every conversation is confidential.
What to have ready (helpful, not required): the entity and license types involved, where things stand with the lender or the court, and the timeline you are working against.
A receiver is paid hourly, at court-approved rates, from the estate. The Lenders FAQ covers what happens when there's no cash.
Not in crisis yet? Download the MA Cannabis Creditor's Recovery Checklist, one page on the notice rule, the appointment order, and the questions to ask any proposed receiver.
Please describe your situation in general terms. Do not include account numbers, financial statements, privileged material or documents; we will arrange a secure way to share those. Sending this form does not make you a client or create a fiduciary relationship. If a deadline is days away, call 617.752.1185. See our Privacy Policy.