Benjamin Sobczak has been quoted in an article by the Detroit Free Press, “More Michigan marijuana companies expected to come under receivership control.”
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Benjamin Sobczak has been quoted in an article by the Detroit Free Press, “More Michigan marijuana companies expected to come under receivership control.” In this article, Benjamin shares his insight on how receiverships are a complex process, especially in the cannabis industry which already has its own regulatory challenges. Amid these challenges, he states that the worst-case scenario is that “lenders will shy away from investing in the cannabis space, worried they won't be able to recover their investment if the company struggles financially, and people working in Michigan's cannabis industry will lose their jobs and buildings will sit empty.” To read the article, click here.
