With the SAFE Banking Act now pending in Congress, financial institutions would do well to begin considering the necessary due diligence to potentially service the cannabis industry.
Can a landlord receiving rent from a cannabis businesses file a Chapter 11 Plan of Reorganization or will their plan go up in smoke because cannabis remains illegal under federal law?
Michigan law would require an amendment to allow insolvent cannabis-related businesses to wind down because they are barred from seeking federal bankruptcy protection.
- Regulatory Law
- Medical Marijuana
- Banking Law
- Tax Law
- Municipal Law
- Environmental Legislation
- Environmental Regulation
- Public Policy
- Zoning and Planning
- Commercial Real Estate
- Internal Revenue Service (IRS)
- Environmental Liability
- Environmental Protection Agency
- Business Torts
- Commercial Liability
- Business Risk Management
- Solid Waste
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