Opus Appointed Receiver for PharmaCann Maryland Assets; Announces Structured Sale Process
Opus Consulting Partners, LLC has been appointed receiver for the assets of PharmaCann Maryland in April 2026. The receivership was initiated by Argent Institutional Trust Company as part of a legal matter involving PharmaCann's operations in Montgomery County, Md. As Receiver, Opus is overseeing day-to-day business activities and managing an orderly sale process that includes licenses from the Maryland Cannabis Administration. The structured bid procedure has been approved by the court to facilitate asset sales through auction. Interested buyers must sign a confidentiality agreement before accessing detailed information about the assets for sale. The offering may attract strategic or financial investors looking to expand their presence in the cannabis industry or acquire specific business components such as licenses, equipment, and customer relationships. Opus Consulting is known for its expertise in complex regulatory environments and has experience managing receiverships across various industries including cannabis.
