Latest In: marijuana bankruptcy

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Deal struck in bankruptcy of California marijuana operator Unrivaled Brands

Unrivaled Brands, a once-prominent subsidiary of California marijuana company Blüm Holdings, has reached a deal to settle litigation with…

News February 24
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Marijuana bankruptcy reform could be inching closer for US operators

With federal marijuana rescheduling possible in the near future, bankruptcy reform could be somewhere over the horizon.

News April 29
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Opinion: An alternative to bankruptcy for distressed cannabis businesses

U.S. bankruptcy courts will not provide protection to businesses that work with marijuana. Receivership is often employed as…

News July 21
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‘Essential’ designation does not help cannabis companies’ bankruptcy cases

Federal bankruptcy protections remain unavailable for marijuana companies, even though the medical cannabis industry has been deemed "essential"…

News May 29
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SLIDESHOW: Keep your marijuana business afloat during a crisis

Whether it’s the coronavirus scare or impending layoffs, here are some tips on how your marijuana company can…

News March 25
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Directors and officers liability insurance is increasingly important – and costly – for cannabis companies

Cannabis industry authorities predict more bankruptcy filings and insolvency proceedings by cannabis companies in 2020. Under this scenario,…

News February 25
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Some struggling US cannabis companies may look to Canada for possible bankruptcy protection

With capital constraints a growing factor in the marijuana industry, U.S. cannabis companies facing financial pressure are increasingly eyeing…

News February 5
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Drowning in debt? Cannabis firms have potentially lifesaving options

Because marijuana is illegal in the United States, financially distressed cannabis-related companies are between a rock and a…

News August 3
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No Relief: Ruling Highlights Lack of Options for Marijuana Companies Seeking Bankruptcy Protection

By John Schroyer Yet another court has ruled that cannabis businesses can't get relief under federal bankruptcy laws.…

News August 27
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