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Budding Woes: Navigating the Weedy Waters of Cannabis Companies in Financial Distress

The Blunt Truth

Losers lack access to the U.S. What’s the state of play, and what’s the alternative for the losers, their creditors, and the companies that would acquire them? Insolvency relief is available under state law remedies. As the cannabis industry matures, there will be winners and losers. Bankruptcy Code. 845 (10 th Cir.

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Massachusetts: cannabis bill sails through committee

Cannabis Law Report

The more wide-ranging bill (H 174/S 72), which a spokesperson said is a priority for House Speaker Ron Mariano, addresses aspects of state laws that cannabis regulators and industry entrepreneurs have been increasingly vocal about taking issue with. Sonia Chang-Diaz, co-chair of the Joint Committee on Cannabis Policy, said.

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Does Involvement in the Cannabis Industry Preclude Your Business From Bankruptcy Protection?

Cannabis Law Report

As bankruptcy is only available under federal law, this dichotomy between state and federal law can result in actions that potentially preclude businesses and individuals from accessing the protections afforded under the U.S. Federal Law and Marijuana Assets or Income. Bankruptcy Code (the “Code”). James Atchison.

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Looking Back on 25 Years of California Cannabis: Growing Pains (STILL) Persist

Canna Law Blog

It was about legitimately ill Californians finally getting access to cannabis to self-medicate, and it did an amazing job serving that end goal. Also, of course, the point is to get voters to vote in favor of cannabis initiatives, and tax revenue that will deliver on things like infrastructure, government programs, education, etc.

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Meredith Fisher-Corn, MD…….”Are You Able to Answer Your Patients’ Medical Marijuana Questions”

TheAnswerPage

Since 2012, TheAnswerPage.com has addressed the immense need for unbiased evidence-based high quality education focused on the endocannabinoid system and medical marijuana. Available at: [link] Accessed 05 Dec. link] -Accessed December 5, 2021. Le-Short C., Narouze S.N. 2021) The Demand for Medical Cannabis Education.

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Cannabis Legalisation And Its Impact On The US Transport Industry

Cannabis Law Report

While employers in the US transport industry are acutely aware of the effects COVID-19 has imposed over the last 18 months, another phenomenon has been making itself known: the ever-increasing tally of states and localities across the country legalising cannabis for medicinal and recreational purposes.

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New Technology Aims to Erase Old Cannabis Charges

Cannabis Law Report

Now, California county prosecutors can use a program to reduce or even erase about 220,000 cannabis convictions following voters legalizing the drug in 2016. However, the laws vary and are complex per state, including on dismissal, sealing and expungement, which up to now have no standard definition across the states.