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Michigan Real Estate Firm Files Bankruptcy Petition

The company leases property to licensed cannabis operators, casting its federal bankruptcy filing into uncertain territory.

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May 10, 2022

In April, Master Equity Group filed a Chapter 11 bankruptcy petition in federal court in the Western District of Michigan. The company lists $176,255 in debts to a spectrum of vendors and service providers, including a local lawn care specialist and a plumbing business.

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All 4Front Subsidiaries File for Court-Appointed Receiver

Green Thumb Industries Reports $280M in Q1 Revenue

Tilray Brands Announces Proposed Reverse Stock Split

Tilray Brands Reports Quarterly Financial Results, Confirms No Tariff Impacts

All 4Front Subsidiaries File for Court-Appointed Receiver

The company intends to continue operating during the receivership process and hopes the process will generate value for stakeholders.

4 Front Ventures Corp All 4 Front Subsidiaries File For Court App

Green Thumb Industries Reports $280M in Q1 Revenue

The cannabis company also reported $74 million in cash flow from operations and a GAAP net income of $8 million.

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Tilray Brands Announces Proposed Reverse Stock Split

The global cannabis company also announced a corresponding special stockholders meeting.

Tilray Brands Reports Quarterly Financial Results, Confirms No Tariff Impacts

The global cannabis company generated a net revenue of $186 million in the third fiscal quarter, verifying it has no current impacts from U.S. tariffs.

SNDL Reports Q4 and Full Year 2024 Financial and Operational Results

The company reported record full-year net revenue, gross profit and gross margin, as well as positive cash flow and free cash flow.

Sndl Inc Sndl Announces Overheads Restructuring Project And Ope

Ascend Wellness Reports $562 Million in 2024 Revenue

The cannabis company also reported its second full year of positive cash from operations and positive free cash flow.

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The Cannabist Co. Reports $459 Million in 2024 Revenue

The cannabis company continues to complete divestitures, reduce operating and overhead costs, and refine its inventory assortment.

Green Thumb Industries Announces $50 Million Share Repurchase Program

The program authorizes the cannabis company to repurchase up to nearly 10.6 million subordinate voting shares during the next 12 months.

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Green Thumb Industries Refinances Senior Debt, Closing on $150 Million Syndicated Credit Facility

The cannabis company intends to use the proceeds along with existing cash to retire its $225 million senior secured debt.

Green Thumb

Ascend Wellness Holdings Removes CEO, Terminates CFO

The cannabis company appointed board Director Samuel Brill to replace John Hartman as CEO. The company also appointed a new president and CFO.

Ascend Wellness Holdings

TerrAscend Offers $10 Million Share Repurchase Program

The company is authorized to repurchase up to 10 million shares but is not obligated to purchase any shares during the 12-month stock buyback program.

Curaleaf Reports $342 Million in Q2 Revenue

The global cannabis company now operates in 15 countries.

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