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Michigan marijuana company Skymint’s equipment for sale in November auction

A two-day auction is scheduled for next month to sell the remaining equipment assets formerly owned by defunct Michigan marijuana company Skymint.

Skymint entered receivership in March 2023 after defaulting on a loan.

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Robert Levy Associates and Solid Asset Solutions on Monday said in a news release that an online auction would be held Nov. 12-13 for a wide range of marijuana cultivation, production, lab and warehouse equipment.

The auction comes nearly a year after Alberta, Canada-based Tropics LP acquired most of Skymint’s assets after placing a $109.4 million stalking-horse bid for Skymint.

Tropics LP is owned by an affiliate of SunStream Bancorp, which is a joint venture involving another Canadian cannabis company, SNDL.

The auction lot will feature more than 1,000 items, including:

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