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Keywords: "Controlled Substances Act"With federal bankruptcy a long shot, financially ailing marijuana businesses can turn to receiverships or out-of-court restructuring
Thanks to the federal government’s marijuana prohibition, financially distressed cannabis-related businesses are in a bind when they need relief from creditors.
Investment Opportunity Assessment: U.S. Hemp
The 2018 Farm Bill removed hemp and its derivatives from the Controlled Substances Act in the United States. But until the U.S. Department of Agriculture creates a framework for a national industry, states will continue to operate under a patchwork of regulations.
This report – an exclusive feature for members of Investor Intelligence – provides investors with an in-depth look at opportunities in the hemp industry and key considerations for capitalizing on them.
Congressional legislation reintroduced to protect state-legal marijuana markets
A bipartisan group of lawmakers in the U.S. House and Senate reintroduced legislation Thursday to protect states’ ability to enact their own marijuana policies while resolving longstanding banking and taxation issues.