Tumalo Receivership

On September 10, 2024, CannXperts was appointed as Receiver over all of Tumalo Industries assets.

At this time, CannXperts aims to protect the value of the company’s assets and those of its subsidiaries for the benefit of creditors and stakeholders while Tumalo continues normal operations.

To ensure transparency and keep all parties informed, we have created this page to provide updates and relevant information.

The well-known brands operating under Tumalo Holdings LLC

  • Dr. Jolly's

  • The Herb Center

  • Parlour Cannabis Shoppe

  • Local Leaf

Tumalo Licenses in Oregon

A breakdown of the dispersement of the 11 cannabis licenses Tumalo holds.

Locations

    • The Herb Center - 2205 NE Division St. Bend, OR

    • The Herb Center - 921 7th St. Oregon City, OR

    • Dr. Jolly’s - 415 SE 3rd St. Bend, OR

    • Local Leaf - 7625 SW Oleson Rd. Portland, OR

    • Parlour - 4702 SW Scholls Ferry Rd. Portland, Or.

    • Dr. Jolly’s - Bend, OR

    • TLO Farms - Bend, OR

    • Dr. Jolly’s - Bend, OR

    • TLO Farms - Bend, OR

    • Bend, OR

    • Milwaukie, OR

Award winning quality!

Dr. Jolly's has been making significant strides in the cannabis industry, earning multiple awards in top competitions. Their commitment to quality and innovation, has established them as a leader in the market.

UPDATES

  • September 10, 2024

    • THE CIRCUIT COURT OF THE STATE OF OREGON FOR THE COUNTY OF MULTNOMAH APPOINTS CANNXPERTS AS RECEIVER (Case N0. 24CV43607)

    • Press Release

  • September 17, 2024

    • Tumalo issues a letter to its vendors and partners ensuring operations at all facilities will continue, “Business as usual” during the receivership.

  • October 10, 2024

    • Notice of Receivership and Claims Process mailed to all known creditors of Tumalo Holdings LLC, Tumlao Retail LLC, Tumalo IP Holdings LLC, Tumalo Management Group LLC, Tumalo Industries LLC, THC Retail LLC, Dr. Jolly’s LLC, THC Cultivation LLC, and Dr. Jolly’s Industries LLC

  • October 15, 2024

  • October 25, 2024

    • At this time, the receiver is still compiling financial data and working through issues regarding the receivership estate. Our initial estimate was to have financial and other data available to view in October 2024, however, this will likely occur at a later date. If you are signed up to receive updates, you will be notified when the data is available to view.

  • December 1, 2024

    • Negotiations on two leases are ongoing. Once this issue is resolved, all interested parties will be notified and the data room will be opened.

Letter to Vendors 9/17/2024

Confidential financial information will be available soon. Click the “Receive Updates” button at the top of this page to be notified when the data room is open.

 FAQs

  • We anticipate having pertinent financial information available for examination in October 2024. When available, the data room button above will change to "OPEN".

  • At this time, CannXperts is still in the investigative stages of the Receivership. We will announce a date at some point after the financial data has been compiled to begin accepting offers.

  • We will collect all offers and consider those which demonstrate: proof of funds, the ability to pay quickly (cash over terms), highest price, and timeline for implementation. Special consideration may be given to an offer to purchase the company as a going concern.

  • Under the receivership statute we are required to send notice to any potential creditors, including vendors. Please follow the instructions on the form and resubmit. Please note that while in receivership, Tumalo intends to continue ordering products and paying vendor invoices in a timely manner. Any data you provide may change and can be changed prior to the claims bar date (that date has yet to be determined).