Compromise Settlements

cannabis compromise settlements

  • Compromise settlement is an arrangement in which creditors agree to accept less than the total amount of their claims in full settlement of the debt.
  • Settlement must be fair—in an amount equal to or, preferably, greater than creditors could expect to receive under a liquidation of the business—and must also be offered without discrimination to all creditors of the same class.
  • Funds for the settlement usually come from a third party. Such an approach can provide early cash to creditors and allow a distressed business to continue to serve its customers and employees.
  • Ensure equitable recovery by all creditors, funds for the settlement are deposited in special trust funds with and distributed by CannaForm.
how can we help you?

Contact us at the CannaForm office nearest to you or submit a business inquiry online.

Cannabis financial Services and Solutions

Cannabis Debt Collection

We help you cultivate and retain positive working relationships with your cannabis customers by providing non-contentious solutions through our debt collection services.

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Cannabis Financial Advisory Services

Our cannabis transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, investors, and business owners we serve.

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Cannabis Go-to-Market Programs

As customers and partners struggle with evolving business needs in today’s cannabis world, a more holistic approach is required to ensure the effective management of your go-to-market programs.

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Cannabis financial strategy

Covering all areas of the medicinal and adult-use cannabis industry

Cultivation

CannaForm is here to assist with indoor, outdoor, and everything in between.

Manufacturing

Edibles, extractions, and all of your manufacturing needs.

Retail

Whether it’s the first location in a new jurisdiction or a Type 9 delivery business in Oakland, we are here to help.

Distribution

Standalone distributor, microbusiness, or vertically-integrated international, CannaForm is at your side.

contact CannaForm today!