Cannabis in Bankruptcy

The panel will briefly address the historical use of cannabis in America for medicinal purposes and the subsequent criminalization of cannabis, which was racially motivated. The panel will then discuss the challenges faced by corporate entities that seek to obtain bankruptcy protection when at least a portion of their income is derived from the sale or cultivation of cannabis, the lease of space to cannabis companies, or the sale or manufacture of products used in connection with a cannabis business. The panel also will discuss the nonbankruptcy options for these entities, as well as the financial hurdles faced by such entities. Finally, a representative from a community bank in Maryland will discuss the services that her bank is able to provide to cannabis dispensaries.

Price: $125.00
SKU: 205204
60 mins
Hon. Ashely M. Chan U.S. Bankruptcy Court (E.D. Pa.); Philadelphia Andrea E. Colender Severn Savings Bank; Annapolis, Md. Jesse M. Harris Fox Rothschild LLP; Philadelphia Mark A. Salzberg Squire Patton Boggs; Washington, D.C.