Sole Dutch medicinal cannabis firm declared bankrupt

Bedrocan, the Dutch medicinal cannabis grower, was declared bankrupt on Thursday after requesting a suspension of payments two weeks ago. The Veendam-based company is the sole supplier of medicinal cannabis in the Netherlands. Bedrocan has been supplying medicinal cannabis since 2003 but ran into financial difficulties after the Ministry of Public Health terminated its contract…

Tribe Breweries saves Black Hops from administration

After falling into administration for the second time in just over two years, Gold Coast brewery Black Hops Brewing has been acquired by Tribe Breweries. Established in 2015, the brewery first entered voluntary administration in April 2024, but was saved from liquidation when a consortium of existing shareholders and other fans of the brewery stepped…

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KSS jewellery arm Birla Jewels enters insolvency

The National Company Law Tribunal (NCLT) has admitted Birla Jewels Ltd, the jewellery subsidiary of KSS Ltd (formerly K Sera Sera Ltd), into the corporate insolvency resolution process (CIRP). The admission comes about three months after an appellate tribunal approved a resolution plan for the parent. Pravin R Navandar has been appointed interim resolution professional…

Minister visits CHAP to hear about advice services

She met with staff members on Wednesday, October 7 to hear directly about some of the issues affecting local communities. The MSP heard about the charity’s work providing free, independent and confidential advice across housing, homelessness, welfare rights, money and debt. The visit provided an opportunity to discuss some of the challenges facing individuals and…