Herbl Receivership Unloads 3 Assets From Marijuana Distributor’s Historic Collapse
alifornia distribution giant Nabis confirmed last week that it acquired Blackbird
Herbl’s meteoric fall and ensuing receivership are nearing an end.
Two buyers placed winning auction bids totaling more than $1.4 million to acquire certain assets from the defunct California marijuana distributor, according to court documents and industry sources.
MJBizDaily also confirmed that a bundled package of unsettled Herbl legal disputes was acquired by Beverly Hills law firm Ervin Cohen & Jessup for an undisclosed amount.
California distribution giant Nabis confirmed last week that it acquired Blackbird, a Nevada distributor that entered receivership after Herbl’s collapse in June 2023.
Nabis acquired the company for $850,000, according to a listing update from WeCann, the Orange County, California-based firm handling Herbl’s asset sales on behalf of Kevin Singer, Herbl’s court-appointed receiver.
Blackbird was acquired by Herbl in mid-2021 for an undisclosed amount.
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