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From Risk to Resilience: How Cannabis Operators Can Avoid Receivership
In this episode of 'Under the Microscope with Jenny,' host Jenny Germano is joined by Andy Shelley the Founder of CannXperts to discuss the critical issue of receivership in the cannabis industry. Andy, a former Law Enforcement Officer and Oregon Liquor Control Commission Regulator turned cannabis consultant, delves into his transition into the industry. The conversation focuses on the nuances of receivership, an alternative to bankruptcy, and why it is particularly relevant in the cannabis sector due to federal restrictions on bankruptcy filings. Jenny and Andy talk about the causes leading to receivership, the warning signs, the operational and regulatory challenges, and the steps companies can take to avoid this route. Through detailed explanations and real-life examples, listeners can gain valuable insights into the complexities of financial difficulties in the cannabis industry, the importance of vigilance, and the steps to ensure business sustainability.
Youtube Episode: https://youtu.be/qqs__tJ_MdE
Youtube Channel: https://www.youtube.com/@UnderTheMicroscopewithJenny
Podbean: https://www.podbean.com/eas/pb-r8y5b-19b1a63 (this is just the episode)
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