The District Court of the Northern Netherlands declared Bedrocan International and Bedrocan Nederland bankrupt on October 8, two weeks after granting the Dutch medicinal cannabis grower a suspension of payments.
The family-owned company had been the only supplier of medicinal cannabis to the Dutch government since 2003, and it employed 69 people, 39 of them in Emmeloord, where its largest site produced 7,000 kilos a year against 1,200 kilos in Veendam, according to Omroep Flevoland. The government bought far less from Bedrocan than before, while production costs, mainly for energy, stayed high, the broadcaster adds.
Bedrocan’s bank was reportedly willing to advance the largest debt, owed to the energy supplier, and the…