Bankruptcy can be a helpful tool for a distressed business. It allows a business to stop collection actions, discharge certain debts and cancel unfavorable contracts,…
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bankruptcy
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The fact that cannabis companies cannot access federal bankruptcy courts is old news. Even ancillary companies with indirect involvement in the federally illegal cannabis industry…
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Recreational or medicinal cannabis is now legal in 35 states and the District of Columbia. But cannabis is still a Schedule I controlled substance under…
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While numerous states have legalized the cultivation, sale and use of marijuana for both medicinal and recreational purposes, such actions remain illegal under the federal…
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As the marijuana industry continues to grow, individuals and organizations that provide goods or services to cannabis-based businesses may face legal consequences few have considered.…
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Do you or your business owe taxes you can’t pay? Have you received a collection notice from the IRS or had your bank accounts garnished?…
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Starting a cannabis business legally under state law requires owners to consider a wide range of possible challenges. Some of the major considerations include possible…