Despite the excitement of many over rescheduling cannabis from Schedule I to Schedule III, the move does not make cannabis “legal” unless it is produced, sold, and used within the tightly regulated parameters of the...more
8/9/2024
/ Bankruptcy Code ,
Business Expenses ,
Cannabis-Related Businesses (CRBs) ,
Chapter 13 ,
Commercial Bankruptcy ,
Controlled Substances Act ,
DEA ,
Debtors ,
Decriminalization of Marijuana ,
Insolvency ,
Internal Revenue Code (IRC) ,
Marijuana ,
Popular ,
Receivership ,
Tax Deductions
In the final episode of our three-part series, "Exploring Issues in Cannabis and Bankruptcy," McGlinchey's Cannabis Group Co-Chair, Heidi Urness, along with colleagues Timothy Byrd and Rudy Cerone, will delve into the...more
In the second installment in a three-part series exploring issues in cannabis and bankruptcy, McGlinchey attorneys Heidi Urness, Timothy Byrd, and Rudy Cerone dive into the bankruptcy protections available to businesses,...more
Starting a cannabis business is often discussed, but maintaining a business, particularly during a downturn in the industry, is a completely different ballgame. Pockets of the cannabis industry are experiencing financial...more