---
title: "Bright Green Corp exits Cannabis, focuses on DEA Controlled Substances post restructuring; creditors to receive full payment. Lynn Stockwell leads RSA for equity retention."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233199634.md"
description: "On February 24, 2025, in Fort Lauderdale, Florida, Bright Green Corporation (OTC: BGXX) disclosed its proposal for the \"RSA\" Restructuring Security Agreement through Lynn Stockwell, requesting court approval. This agreement aims to secure fresh equity facilitating full payment to all verified creditors and ensuring existing Company equity shareholders maintain their stake without any dilution or impairment."
datetime: "2025-03-26T01:32:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233199634.md)
  - [en](https://longbridge.com/en/news/233199634.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233199634.md)
---

# Bright Green Corp exits Cannabis, focuses on DEA Controlled Substances post restructuring; creditors to receive full payment. Lynn Stockwell leads RSA for equity retention.

On February 24, 2025, in Fort Lauderdale, Florida, Bright Green Corporation (OTC: BGXX) disclosed its proposal for the "RSA" Restructuring Security Agreement through Lynn Stockwell, requesting court approval. This agreement aims to secure fresh equity facilitating full payment to all verified creditors and ensuring existing Company equity shareholders maintain their stake without any dilution or impairment.

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