Herbl, a major licensed California marijuana distribution company, is in receivership after falling behind on a key loan, a source close to the situation confirmed to MJBizDaily on Tuesday. The collapse of Herbl, which reported handling $700 million worth of product sales in 2022, is the most prominent failure of a cannabis company in the state to date and has major … [Read more...] about Big California marijuana distributor Herbl collapses, brands left unpaid, sources say