stack init fails

[nivin54]

$ stack init
Looking for .cabal or package.yaml files to use to init the project.
Using cabal packages:
- ./

Selecting the best among 14 snapshots...

Unable to load cabal files for snapshot

Deleting cached snapshot file: /Users/nivinantonalexislawrence/.stack/build-plan/lts-12.8.yaml
Recommendation: try running again. If this fails again, open an upstream issue at:
https://github.com/fpco/lts-haskell/issues/new

Unable to parse cabal file for bhoogle-0.1.3.5@sha256:a3393794b22faabeb564c57f4a9506390b6b97b9792c6b4e130f15bf116099fd,1806: NoParse "license" 7

[snoyberg]

Please trying upgrading to the latest Stack with stack upgrade. If it still fails, please include the output of stack --version.

[tvh]

I had the exact same issue with stack-1.6.1. After upgrading to 1.7.1 it works.