Richard Ormond is established as one of the premier business cannabis lawyers in the United States having advised investors, businesses and banks in this emerging field. He recently founded Stone Blossom Capital, an investment fund focused on providing financing to MRBs and their adjacent businesses—with an emphasis on the recovery and funding of distressed assets in the Cannabis space. The fund’s target is to deploy over $200MM (or more) in financing over the next few years and he is working diligently to acquire the necessary funding and support for this venture. Mr. Ormond (who is also the current president of the California Receiver’s Forum) is a prolific writer and speaker in the Cannabis industry with a specific expertise in distressed businesses, financing and banking concerns. He was selected as one of the top 50 lawyers in Los Angeles by the LABJ and he was nominated twice in the past two years as for the prestigious LABJ Leader in Law Award.