Ryan Douglas
As the marijuana industry evolves, so too will the occurrence of distressed cultivation businesses.
These companies might find themselves in court-appointed receiverships in an attempt to save the business.
Or they may be forced to liquidate the assets and shut down altogether.
A cannabis business can be considered distressed for a variety of reasons, and it often has nothing to do with cultivation.
But if a cannabis business is struggling because of production woes in the cultivation department, this can be remedied.
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And getting to the root of the problem is vital to improving the situation.
In my experience, 100% of underperforming cultivation businesses stem from problems with either the genetics, the grower or the greenhouse.
I call this concept the Three Gs.
If your grow operation is floundering, take a close look at all three; they’re usually why a cultivation business gets into trouble.
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Read full article on Marijuana Business Daily
