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Council approves court-ordered transfer of Alluvium (Lemonade) cannabis business to Catalyst Antioch LLC
Summary
Antioch’s City Council on July 8 approved a court-ordered asset sale transferring the Alluvium/Lemonade cannabis operation to Catalyst Antioch LLC, subject to minor edits in the adopted resolution to reflect the acquiring entity and asset-sale structure.
The Antioch City Council on July 8 approved, by a unanimous vote, a court-ordered transfer of the Alluvium (also known as Lemonade) cannabis retail operation to an acquiring entity identified as Catalyst Antioch LLC.
City Attorney staff explained that the Contra Costa Superior Court had placed the business in receivership and later approved the sale of assets to a qualified cannabis operator. The draft resolution that came to council required…
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