On Oct. 4, Judge Michael Warren of Oakland County Circuit Court appointed O’Keefe, a financial and strategic advisory firm specializing in corporate finance, litigation support, strategic advisory, and turnaround and restructuring, receiver over NTBS Holdings, NTBS Properties, NTBS Equipment and NTBS Services, which collectively do business as Natrabis in Oxford, MI.

AFC Gamma, a real estate investment trust with expertise in commercial real estate lending and cannabis, petitioned the court for O’Keefe and Russell D. Long, a managing director at O’Keefe, to take control over the assets of Natrabis to aid in its preservation and sale.

Natrabis’ companies make up an inter-related organization of cannabis companies owned and divided into highly-regulated, plant and non-plant touching companies.