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Alternatives to Bankruptcy for Cannabis Companies: Part 3

September 11, 2023 blogger ABC, analysis, analytics, appoint, appointed, bankrupt, bankruptcy, Business, Business Analysis, cannabis, compliance, court, credit, creditor, debt, Federal, government, industry, Law, Legal, legalization, Legalize, legislation, liability, license, marijuana, market, Massachusetts, Medical, Medicial Marijuana, Medicine, Michigan, missouri, protection, receiver, receivership, Recreational, regulation, Regulations, regulatory, state, Stop Smoking Marijuana, Stop Smoking Pot, Tax, weed, withdrawal

Part 1 of this series discussed the lack of bankruptcy protections for cannabis companies, since bankruptcy in the U.S. is an exclusively federal procedure and cannabis remains illegal under federal law and proposed a number of alternative options for businesses struggling in the current environment. Part 2 of this series focused on state law receiverships […]

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Alternatives to Bankruptcy for Cannabis Companies: Part 2

September 1, 2023 blogger alternative, analysis, analytics, appoint, appointment, Arizona, bankrupt, bankruptcy, Business, Business Analysis, California, cannabis, civil, Colorado, compliance, court, Federal, financial, government, Illinois, industry, judicial, Law, Legal, legalization, Legalize, legislation, license, marijuana, market, Maryland, Medical, Medicial Marijuana, Medicine, Nevada, Operations, procedure, receiver, receivership, Recreational, regulation, Regulations, regulatory, state, statute, Stop Smoking Marijuana, Stop Smoking Pot, Tax, taxes, Washington, weed, withdrawal

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The Distressed Cannabis Business: An Alternative to Bankruptcy

June 21, 2023 blogger alternative, analysis, analytics, asset, bankrupt, bankruptcy, Business, Business Analysis, cannabis, compliance, court, CRB, credit, creditor, Cultivation, dispensary, distressed, extraction, Federal, government, Growing, industry, insolvency, Law, Legal, legalization, Legalize, legislation, license, marijuana, market, Medicial Marijuana, proceeding, proceedings, product, profit, quality, receiver, receivership, Recreational, regulation, Regulations, regulatory, Retail, safety, state, Stop Smoking Marijuana, Stop Smoking Pot, struggling, taxc, THC, weed, withdrawal

Bankruptcy is Not an Option Bankruptcy courts do not provide protection to cannabis and cannabis-related businesses.Bankruptcy can be a very helpful tool for a distressed business. Bankruptcy allows a business to stop collection actions, discharge certain debts, cancel unfavorable contracts and provides breathing room to restructure the business. What if your cannabis operation is struggling or […]

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