Judge grants petition to place Canadian RAS firm Sustainable Blue into receivership

The tank room at Sustainable Blue's operations in Canada
The tank room at Sustainable Blue's operations in Canada | Photo courtesy of Sustainable Blue
4 Min
Nova-Scotia, Canada-based recirculating aquaculture system (RAS) company Sustainable Blue has been granted its request to enter receivership as part of its efforts to continue operations and stave off euthanizing fish for lack of funds. The company filed for receivership in late March, revealing that the company, under the SFFC Group – which includes TCAS Holdings Limited, Sustainable Fish Farming (Canada), Sustainable Blue, and TCAS IP – was over CAD 21.5 million (USD 15.8 million, EUR 14.6…

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