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Skymint Closes Down Lansing Grow Facility: What's Next For Michigan's Once Leading Cannabis Producer?
Monday, December 11, 2023 - 6:30pm | 707Skymint, undergoing acquisition out of receivership, is slated to close its Harvest Park facility near Lansing, Michigan. The 56,000-square-foot plant will cease operations following the termination of approximately 180 employees by March 1, 2024. This information was revealed in an...
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Legal Battle Fallout: Parallel & IIP Face Dissolution As $5.8M Rent Default Leaves Distressed Assets In Balance
Tuesday, August 29, 2023 - 5:10pm | 355A Pennsylvania state court has ruled for the dissolution of Gooblend Pennsylvania LLC, a subsidiary of Parallel, a prominent cannabis operator. $5.8 Million Rent Default In Legal Battle The court order, disclosed on August 24, resulted from Goodblend's failure to pay $5.8 million in rent and...