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Multi-State Cannabis Operator Announces Bankruptcy, Subsidiary Sales

Multi-state cannabis firm The Cannabist Company announced last week that it is selling off all of its ownership interests in its subsidiaries and seeking to enter Chapter 15 bankruptcy.  The Massachusetts-based company said it had already sold its stake in Virginia’s Green Leaf Medical to Parma for $130 million in a deal that closed in February.  On March 23, the company said it had entered into an agreement with […]