receivership

More than five years on, one of the JaeVee subsidiary companies developing the sites is in administration and the other is in receivership.

Gold Flora, a Southern California-based cannabis company that operates 16 dispensaries statewide, is seeking to sell its assets through a receivership, the latest sign of distress in the weed industry.

“Nobody elected the court, nobody elected the receivership,” he said.

Staley and other tenants said the Produce had deteriorated over the previous two weeks since the building had been sold out of receivership to Beverly Hills developer Leo Pustilnikov.

County Administrator James Morris said the new high school is an example of the rapid progress the district is making to pull itself out of receivership.