Court Ordered Receivership Cannabis Dispensary Brings LA Style … – InvestorsObserver

Court Ordered Receivership Cannabis Dispensary Brings LA Style Luxury To The Desert

Court Ordered Receivership Cannabis Dispensary Brings LA Style Luxury To The Desert

PR Newswire

SAN DIEGO , Jan. 25, 2023 /PRNewswire/ — Green Life Business Group Inc: The year 2022 has proven to be a difficult year for many markets and industries all over the world. One of the industries that took a toll and is considered to be in a depressed state is the California Cannabis Industry. As the year continued to progress and heads towards the closing of the year, evaluations on cannabis businesses continued to constantly shift. In previous years in the industry, cannabis business evaluations shifted on a quarterly basis. Evaluations in 2022 have progressively shifted on a monthly basis.

Although the constant drop in cannabis business evaluations and prices has been seen as discouraging for many operators in the industry it has proven to be advantageous to many larger companies and Multi-State Operators (MSO’s). The plummet of prices for cannabis businesses has opened the doors for MSO’s to begin moving in and acquiring distressed assets all across

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