Apr 28, 2020
By Neil Sheaffer California has established itself as the world’s largest marijuana industry, with an estimated $3 billion in legal sales in 2019. Despite the large, robust legal market in California, the complex regulations, high state and local taxes, and...Mar 27, 2020
At the time of writing this post, the number of Coronavirus (COVID-19) cases in the United States is rising. The World Health Organization (WHO) officially declared a pandemic. The Governor of California issued a “Stay-at-Home” Order to reduce the spread of the...Mar 24, 2020
Cannabis businesses are not eligible for bankruptcy protection due to the federal prohibition against cannabis. Therefore, the receivership remedy is an effective path to address the struggles of a cannabis business. Seeking and obtaining a court-appointed receiver to...
