{"id":985787,"date":"2026-07-28T11:16:09","date_gmt":"2026-07-28T15:16:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/heritage-global-partners-to-conduct-online-auction-of-cannabis-processing-and-production-equipment-from-the-cannabist-company\/"},"modified":"2026-07-28T11:16:09","modified_gmt":"2026-07-28T15:16:09","slug":"heritage-global-partners-to-conduct-online-auction-of-cannabis-processing-and-production-equipment-from-the-cannabist-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/heritage-global-partners-to-conduct-online-auction-of-cannabis-processing-and-production-equipment-from-the-cannabist-company\/","title":{"rendered":"Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company<\/b><\/p>\n<p>SAN DIEGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHeritage Global Partners (\u201cHGP\u201d), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, announced it will conduct an online auction featuring a comprehensive offering of cannabis processing, production, packaging and facility support equipment formerly utilized by The Cannabist Company.<\/p>\n<p>\nThe auction features a broad selection of late-model equipment supporting nearly every stage of cannabis production and processing, including extraction, distillation, confection manufacturing, filling, packaging, post-harvest processing, environmental controls and facility infrastructure. The assets are located in Vineland, New Jersey; Denver, Colorado; and Aurora, Illinois.<\/p>\n<p><b>Bidding opens Aug. 13, 2026, at 7:00 a.m. EDT and begins closing Aug. 14, 2026, at 12:00 p.m. EDT.<\/b><\/p>\n<p><b>Asset Highlights:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nComplete cannabis extraction, distillation and production equipment<\/p>\n<\/li>\n<li>\nHydrocarbon extraction systems<\/p>\n<\/li>\n<li>\nCandyWorx automated candy\/gummy depositor<\/p>\n<\/li>\n<li>\nPrimo Combi multi-head weighing and packaging system<\/p>\n<\/li>\n<li>\nThompson Duke cartridge filling machines<\/p>\n<\/li>\n<li>\nGreenBroz stainless steel dry trimmers<\/p>\n<\/li>\n<li>\nCultiva System HVAC air handling units<\/p>\n<\/li>\n<li>\nRad Source RS 420-XL decontamination and remediation system<\/p>\n<\/li>\n<li>\nCommercial grow room and environmental control systems<\/p>\n<\/li>\n<li>\nFleet of 2015\u20132022 Dodge ProMaster cargo vans<\/p>\n<\/li>\n<\/ul>\n<p>\n&#8220;This is one of the most comprehensive cannabis production equipment auctions the market has seen in a long time,&#8221; said David Barkoff, Senior Vice President of Heritage Global Partners. &#8220;We have multiple facilities, all in one sale, for a wide range of buyers looking for turnkey processing systems, extraction systems, lab equipment, confectionary equipment, packaging equipment, sophisticated HVAC and environmental controls, and more. This sale presents an exceptional opportunity for companies looking to expand production capacity, replace existing equipment or acquire proven industrial assets ready for continued use.&#8221;<\/p>\n<p>\nThe auction is expected to attract cannabis operators, food and confection manufacturers, pharmaceutical and botanical processors, industrial manufacturers, equipment dealers and international buyers seeking specialized production equipment.<\/p>\n<p>\n&#8220;Our team continues to see strong demand for high-quality industrial assets across specialized manufacturing sectors,&#8221; said Nick Dove, President of Heritage Global Partners. &#8220;By bringing these assets to the global marketplace through our online auction platform, we help maximize value for our client while providing buyers with access to quality equipment that can be deployed quickly and efficiently.&#8221;<\/p>\n<p>\nInterested bidders may view the complete catalog <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbid.hgpauction.com%2Fauctions%2F9725%2Fherita10388&amp;esheet=54577204&amp;newsitemid=20260727154658&amp;lan=en-US&amp;anchor=Here&amp;index=1&amp;md5=9ff056faa84e4df4d192a5f65fd9dd6c\">Here<\/a> and register to bid.<\/p>\n<p><b>Heritage Global Partners, Inc. (\u201cHGP\u201d)<br \/>\n<br \/><\/b>HGP is a subsidiary of Heritage Global Inc. (NASDAQ: HGBL). HGP operates under the Industrial Assets business unit and is a full-service auction, liquidation and asset advisory firm which holds a prominent spot in the industrial sectors including Aerospace, Automotive, Aviation, Biotech, Broadcast &amp; Postproduction, Chemical, Electronics Manufacturing, Energy, Food &amp; Beverage, Heavy Construction, Metalworking, Oil &amp; Gas, Pharmaceutical, Plastics, Printing, Real estate, Semiconductor, Solar, Textile &amp; Woodworking, and others. HGP conducts 150-200 auction projects per year, globally.<\/p>\n<p><b>Heritage Global Inc. (\u201cHG\u201d)<br \/>\n<br \/><\/b>HG values and monetizes industrial &amp; financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, and charged-off account receivable portfolios through its two business units: Industrial Assets and Financial Assets.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260727154658r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260727154658\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260727154658\/en\/<\/a><\/span><\/p>\n<p><b>David Barkoff<br \/>\n<\/b><br \/>Senior Vice President, Heritage Global Partners<br \/>\n<br \/>650-759-2242<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:dbarkoff@hginc.com\">dbarkoff@hginc.com<\/a><\/p>\n<p><b>John Nesbett\/Jennifer Belodeau<br \/>\n<\/b><br \/>IMS Investor Relations<br \/>\n<br \/>203-972-9200<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@HGinc.com\">InvestorRelations@HGinc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Finance Consulting Cannabis Professional Services Manufacturing Other Natural Resources Asset Management Natural Resources Other Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260727154658\/en\/2860201\/3\/HGP.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company SAN DIEGO&#8211;(BUSINESS WIRE)&#8211; Heritage Global Partners (\u201cHGP\u201d), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, announced it will conduct an online auction featuring a comprehensive offering of cannabis processing, production, packaging and facility support equipment formerly utilized by The Cannabist Company. The auction features a broad selection of late-model equipment supporting nearly every stage of cannabis production and processing, including extraction, distillation, confection manufacturing, filling, packaging, post-harvest processing, environmental controls and facility infrastructure. The assets are located in Vineland, New Jersey; Denver, Colorado; and Aurora, Illinois. Bidding opens Aug. 13, 2026, at 7:00 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/heritage-global-partners-to-conduct-online-auction-of-cannabis-processing-and-production-equipment-from-the-cannabist-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-985787","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/heritage-global-partners-to-conduct-online-auction-of-cannabis-processing-and-production-equipment-from-the-cannabist-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company SAN DIEGO&#8211;(BUSINESS WIRE)&#8211; Heritage Global Partners (\u201cHGP\u201d), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, announced it will conduct an online auction featuring a comprehensive offering of cannabis processing, production, packaging and facility support equipment formerly utilized by The Cannabist Company. The auction features a broad selection of late-model equipment supporting nearly every stage of cannabis production and processing, including extraction, distillation, confection manufacturing, filling, packaging, post-harvest processing, environmental controls and facility infrastructure. The assets are located in Vineland, New Jersey; Denver, Colorado; and Aurora, Illinois. 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(NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, announced it will conduct an online auction featuring a comprehensive offering of cannabis processing, production, packaging and facility support equipment formerly utilized by The Cannabist Company. The auction features a broad selection of late-model equipment supporting nearly every stage of cannabis production and processing, including extraction, distillation, confection manufacturing, filling, packaging, post-harvest processing, environmental controls and facility infrastructure. The assets are located in Vineland, New Jersey; Denver, Colorado; and Aurora, Illinois. 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