Based on a recent article in the Green Market Report (and corresponding public filings), “$1.83 billion of . . . debt is set to come due by 2026” for a number of publicly traded multi-state cannabis operators (“MSO”s). While...more
11/21/2024
/ Cannabis-Related Businesses (CRBs) ,
Commercial Bankruptcy ,
Creditors ,
Debt ,
Debtors ,
Insolvency ,
Marijuana ,
Multistate Corporations ,
Popular ,
Privately Held Corporations ,
Receivership
At the outset of the Covid-19 pandemic, some commentators were preparing for a mass extinction event in the retail industry, characterized by hundreds of brick-and-mortar store closings, massive job losses, and numerous...more
1/12/2023
/ CARES Act ,
Chapter 11 ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Credit Insurance ,
Debtors ,
Landlords ,
Paycheck Protection Program (PPP) ,
Retailers ,
Unsecured Debt ,
Vendors