From Schedule I to Chapter 11:
Cannabis Rescheduling’s Bankruptcy Reckoning
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With a shift in federal legislation paving the way for potential bankruptcy proceedings for marijuana businesses, there is are potential dynamic changes and implications for industry stakeholders. As part of Clark Hill’s ongoing Cannabis Video Series, our latest episode, “From Schedule I to Chapter 11:Cannabis Rescheduling’s Bankruptcy Reckoning”, examines the intersection of cannabis and bankruptcy.
Host Craig Small, Co-Chair of Clark Hill’s Cannabis Industry Group, sits down with Krystal Mikkilineni, Member in Clark Hill’s Bankruptcy group, Eric Anderes, Senior Managing Director at Resolute Commercial, and Kaiya Bercow, special advisor to Resolute Commercial. They explore how evolving federal recognition of medical marijuana businesses may affect access to bankruptcy protections. The conversation also covered the various types of bankruptcy proceedings and potential strategies cannabis businesses can use to navigate financial challenges and establish a path toward recovery. |
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Stay tuned for the next installment of Clark Hill’s Cannabis Video Series, where we continue to spotlight critical business issues shaping the cannabis sector. For questions or upcoming topic suggestions, reach out to Craig Small at csmall@clarkhill.com. |
